|IRAs||Fixed IRAs||30 Month Variable Rate IRA CD|
It’s easy to start your retirement savings or build it gradually with our tiered-rate IRA CD. This account features a term of 30 months and tiered interest rates that increase with your balance.
Effective January 1, 2015, the Internal Revenue Service has amended the rules governing annual rollovers from Individual Retirement Accounts. For more information visit the
|Minimum to Open||$25|
|Maximum to Open ||Maximum per plan year is based in IRA guidelines. No ceiling on IRA rollovers or IRA transfers.|
|Balance Used to Pay Interest||Paid on the following tiers: |
$25 to $2,499.99
$2,500 to $24,999.99
$25,000 and over
|Interest Distribution ||Deposited to account monthly |
Over 59 1/2 years of age permit transfer without penalty or receive check from plan level.
|Early Withdrawl Penalty||6 months Interest|
|Customer Service||1-800-NBT-BANK (1-800-628-2265) |
E-mail NBT Bank
|Statement Options||Summary of CD information can be included on a monthly portfolio statement|
|Additional Features||Additional deposits allowed. $25 minimum and one time annually.|