Our IRA Money Market Savings account will allow you to make continuous deposits and consolidate your retirement funds. You may choose to set up a monthly transfer from your North Star Bank checking account to fund your IRA savings account, to meet your annual deposit goal.
- Deposits in any amount, up to the annual amounts allowable by the Internal Revenue Service
- Variable interest rate; accrues daily on collected balance and is compounded and paid monthly
- $50.00 minimum opening deposit required
IRA's are insured separately up to $250,000.00 by the Federal Deposit Insurance Corporation.
IRA Money Market Savings: With daily balances of:
- up to $999.00: .05% APY
- $1,000-$9,999.99: .30% APY
- $10,000.00 or more: .50% APY
- Annual Percentage Yield's as of 9/11/09
- Other restrictions may apply
- Fees could reduce earnings
- Rates are subject to change without notice
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