Individual Retirement Accounts (IRA)
Individual Retirement Accounts (IRAs) is an excellent way to build retirement assets and income. Lumbee Guaranty Bank offers a variety of IRAs including, Traditional, Roth, Education and SEP. Lumbee Guaranty Bank pays a competitive rate of interest on IRAs. For more information on these types of accounts, please contact one of our ten branches.

SERVICE BENEFITS

 A minimum opening deposit of $100 on variable rate IRA

A minimum opening deposit of $500 on fixed rate IRA

Choose from a fixed rate term of 18 months or 36 months, or our 18 month variable rate Insured by FDIC

NOTE: Potential for bank and/or IRS penalty for early withdrawal

IRA's
18-Month Fixed $500.00
36-Month Fixed $500.00

*Federal regulations require a penalty for early withdrawal, including substantial penalties on tax deferred instruments.

*Rates are tiered-higher balance, higher rates.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “non-interest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit, www.fdic.gov.

What is Phishing? - Click Here for important information on your security.

NOW OFFERING:
ONLINE BANKING!! Click Here for more information.

IT'S HERE! ONLINE BILL PAY IS AVAILABLE! Click Here for more information.

IMPORTANT INFORMATION!! EMAIL SCAMS & INTERNET FRAUD. Click Here for detailsl protecting your account.


Pembroke, NC

Lost of Stolen ATM/Visa Debit Cards

  
 

© 2005 Lumbee Guaranty Bank