I.R.A Rates
High yield retirement accounts
| Type | Min. Balance | Dividend Rate | APY | Disclaimers |
|---|---|---|---|---|
| 12 Month Fixed | $500 | 1.302% | 1.310% | C, G |
| $50,000 | 1.352% | 1.360% | ||
| $100,000 | 1.401% | 1.410% | ||
| 24 Month Fixed | $500 | 1.401% | 1.410% | |
| $50,000 | 1.450% | 1.460% | ||
| $100,000 | 1.500% | 1.510% | ||
| 24 Month Bump-up | $500 | 1.302% | 1.310% | C, G, M |
| $50,000 | 1.352% | 1.360% | ||
| $100,000 | 1.401% | 1.410% | ||
| 24 Month Add-on | $250 | 1.302% | 1.310% | C, D, G |
| $50,000 | 1.352% | 1.360% | ||
| $100,000 | 1.401% | 1.410% | ||
| 24 Month Variable Add-on | $500 | 1.302% | 1.310% | C, D, G, JJ |
| $50,000 | 1.352% | 1.360% | ||
| $100,000 | 1.401% | 1.410% | ||
| 36 Month Fixed | $500 | 1.500% | 1.510% | C, G |
| $50,000 | 1.549% | 1.560% | ||
| $100,000 | 1.598% | 1.610% | ||
| 36 Month Variable Add-on | $500 | 1.401% | 1.410% | |
| $50,000 | 1.450% | 1.460% | ||
| $100,000 | 1.500% | 1.510% | ||
| 48 Month Fixed | $500 | 1.648% | 1.660% | C, G |
| $50,000 | 1.697% | 1.710% | ||
| $100,000 | 1.746% | 1.760% | ||
| 60 Month Fixed | $500 | 1.795% | 1.810% | C, G |
| $50,000 | 1.844% | 1.860% | ||
| $100,000 | 1.893% | 1.910% | ||
| IRA/ESA Savings Account | $25 | 0.100% | 0.100% | G |
- C) Early Withdrawal Penalties: A penalty may be imposed for withdrawals before maturity for certificates: a) If your account has an original maturity of less than 12 months, the penalty we may impose will equal the greater of $100.00 or 90 days earnings. b) If your account has an original maturity of 12 months or more, the penalty will equal the greater of $150.00 or 180 days earnings. For more information, please refer to Provident's Member Agreement. c) For Youth Add-On certificates the penalty we may impose will equal 180 days earnings.
- D) You can add deposits of any amount, at any time, up to a maximum balance of $1,000,000 without affecting your term. Deposits that bring the balance over $1,000,000 are at the discretion of Provident’s management.
- G) IRA contributions are limited to $6,000 per year; additional $1,000 allowed for those over 50 years old to "catch up". Rollovers and direct transfers do not count against your contribution limit. The maximum annual contribution to a Coverdell ESA is $2,000.
- JJ) Rate is subject to change anytime at the discretion of the Board of Directors.
- M) Rate can be increased one time during certificate term, to the currently published Bump-Up Certificate rate with that same term.
Fixed Rate IRA Term Share Certificates
With a variety of terms and rates to choose from, you can start your risk-free retirement or educational savings now with a $500 minimum. When the term is up, you can roll it over into a different IRA/ESA account, or just let it automatically renew at the rate that is current at the time.224
Features
- Flexible terms from 12 - 60 months
- Federally insured to $250,000
Requirements
- Minimum opening deposit of $500
- IRA contributions are limited to $6,000 per year; additional $1,000 allowed for those over 50 years old to "catch up"
