IRA

To assist you in building your nest egg, Roselle Savings Bank offers a variety of secure IRA investments including Traditional IRAs, Roth IRAs, and Coverdell Education Savings Accounts. We recommend you seek tax advice from your Tax Advisor to ensure that you select the IRA that best fits your needs

Type of Account Minimum Opening Balance Interest Rate Annual Percentage Yield
12 Month $1,000 0.64% 0.65%
18 Month (Fixed Rate) $250 0.74% 0.75%
24 Month $1,000 1.23% 1.25%
30 Month $1,000 1.08% 1.10%
36 Month $1,000 1.23% 1.25%
48 Month $1,000 1.23% 1.25%
60 Month $1,000 1.95% 2.00%

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.    

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

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