North Star Bank

North Star Bank

Personal Banking

IRA Time Accounts

All North Star Bank Savings Certificates are available for your IRA investment with only a $500.00 minimum to open for most accounts.

  • Terms available for investment from 30 days up to 5 years
  • Interest rates based on current market conditions 
  • Automatically renewable
  • A penalty may be imposed for early withdrawal
  • $500.00 minimum deposit to open for most accounts

IRA’s are insured separately up to $250,000.00 by the Federal Deposit Insurance Corporation.

Your IRA contribution may be fully or partially tax deductible, please consult a qualified tax advisor. Because IRA’s are designed as retirement savings, you cannot withdraw funds from the account without a tax penalty before you are the age 59 ½. Some exceptions may apply.

IRA Time Accounts are offered at the same rates as our Savings Certificates.