Individual Retirement Accounts (IRAs)
Alliance Bank offers Traditional and Roth IRAs with a fixed or variable rate.
- $500.00 minimum deposit to open account
- Earns interest at competitive rates
- 12 month to 60 month terms available
- 18 month variable – allows unlimited deposits to be made during the term of the IRA
- Interest will be credited to the account
- Contributions may be tax deductible
- Early withdrawal penalties may apply