|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.
|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.|