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.