HomePride Bank's Individual Retirement Accounts
Looking for a smart way to save for retirement? HomePride Bank's Individual Retirement Accounts1 (IRAs) offer a powerful savings tool designed to help you build a secure financial future. With competitive interest rates, flexible options, and unique tax advantages, our IRAs can enhance your retirement savings and help you achieve your long-term goals.
The Benefits of Our Retirement Savings Accounts
With HomePride Bank's IRAs, you can:
- Choose between Traditional and Roth IRAs to suit your financial situation
- Enjoy competitive interest rates that help your money grow faster
- Take advantage of unique tax benefits to maximize your savings potential
- Open an account with a minimum deposit of just $500
- We offer a 12-month maturity option
At HomePride Bank, we're committed to helping you reach your financial goals with smart and flexible savings options. Let us help you make the most of your money!
Traditional IRA vs. Roth IRA: Which is Right for You?
We offer two types of IRAs to meet your unique needs:
- Traditional IRA: Offers potential tax deductions on contributions, with taxes paid upon withdrawal during retirement.
- Roth IRA: Contributions are made with after-tax income, but qualified withdrawals during retirement are tax-free.
How to Open Your Retirement Savings Account
Getting started with an IRA at HomePride Bank is easy, simply apply online, visit your nearest HomePride Bank branch or give us a call at 855-447-2265 to open your account and start earning today.
Don't wait to start saving for retirement. With HomePride Bank's Individual Retirement Accounts, you can take control of your financial future and enjoy the peace of mind that comes with knowing you're prepared for whatever lies ahead.
Convenient Access to Your Accounts
Manage your accounts with ease using our convenient online and mobile banking tools:
- Check balances and transaction history
- Transfer funds between accounts
- Set up automatic transfers to boost your savings
- Go paperless with eStatements
Visit your nearest HomePride Bank branch or give us a call at 855-447-2265 to open your account and start earning today.
HomePride Bank is a Member FDIC. All deposit accounts are insured by the FDIC up to the maximum allowed by law.
1. Tax and interest penalties for early withdrawal. Disbursements may be taken after age 59 ½, and must be started during the year in which you reach age 73. Many interest payment options are available. Ask an associate for details.
