Congressional Bank also offers Individual Retirement Accounts (IRAs) Traditional, ROTH and SEP for those saving for their retirement years.
|Individual Retirement |
Accounts (IRA) Traditional/
|Terms||3 – 60 months|
|Pays Interest 1 Call For Current Rates||Calculated using daily balance method, paid as|
frequently as monthly, but at least once a year
|Minimum Balance Required to Open||$1,000|
|Withdrawal Limitations||Early withdrawal penalties |
(7 day grace period)
For more information, visit one of our branch locations.
1 Additional restrictions apply. Please visit www.irs.gov for more information. General disclosure (3rd party websites of which the Bank has no control): Congressional Bank is not responsible for, the product, service, or overall website content available at a third-party site. Congressional Bank’s privacy and security policies do not apply to websites hosted by a third party.