IRA Rates

Individual Retirement Accounts (IRA) offer a secure and dependable solution for retirement and education savings.

Skowhegan Savings IRA's allow:

The choice of depositing your funds into a savings account or Certificate of Deposit
The ability to contribute to your retirement with potential tax advantages
Tax-deferred earnings on your contribution
The ability to accept rollovers from another IRA or employer qualified plan

All interest rates and Annual Percentage Yields are effective as of the date below and may change at the Bank's discretion.

IRA Special for Integrity Plus Customers Only

Rates Effective: June 12, 2013

Rates Effective: June 12, 2013

Account	Min. Deposit to Open	Min. Bal. to Earn APY	Interest Rate	APY*

2 Year CD	$500	$500	0.35%	0.35%

3 Year CD	$500	$500	0.55%	0.55%

5 Year CD	$500	$500	1.04%	1.05%


* Annual Percentage Yield. Annual percentage yields assume interest remains on deposit. A penalty will be imposed for withdrawals before maturity.