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North Shore Bank of Commerce

IRA Savings Account

An individual retirement account (IRA), whether a Traditional IRA or a Roth IRA, allows you to save money for retirement in a tax-advantaged way. An IRA is an account that allows you to save for retirement on a tax-deferred basis or with tax-free growth.

If you’re looking for a reliable retirement savings strategy that applies to every stage of your life, connect with us to chat and see if an IRA savings account is right for you.

4.50% Annual Percentage Yield 
$100 minimum balance

Benefits of an IRA Savings Account
  • Reliable: The money in your IRA savings account is dependable and will be there when you need it.*
  • Positive Rate of Return: Your account will utilize a solid interest rate resulting in a high-yield savings account.
  • Compounding Power:  Your money will grow faster over time due to the nature of compound interest.
* APY=Annual Percentage Yield. Rate effective 05/03/24. Rate may change at any time. Early withdrawal penalties may be assessed and additional IRS taxes may apply; please consult a tax professional. Fees may reduce earnings.