Individual Retirement Accounts

Have you thought about your retirement future lately?   We have.

   Open an Individual Retirement Account (IRA) with
          Aroostook Savings & Loan today!


Whether you’re just starting out, raising a family, or approaching retirement, IRAs offer tremendous advantages. An Individual Retirement Account (IRA) is a federally tax-sheltered retirement savings plan that allows you to make contributions to your own personal retirement fund. You should consult your tax advisor regarding the the tax-saving possibilities and deductibility of your contributions.

Your Home Bank offers IRA accounts* in most of the same certificates of deposit that we offer. In addition, we offer liquidity with a Variable Rate IRA Account. The interest rate on a Variable Rate IRA Account is subject to change weekly. This flexible account is a convenient way for you to maintain all of your IRA funds in one account or to transfer funds to or from Certificate of Deposits for maximizing interest rate returns and planning for life’s changes.

Click here to see our current rates.

To establish or contribute to your IRA and watch your money grow, contact us today!
 
*See an Aroostook Savings & Loan customer representative for more information. The interest rate and annual percentage yield (APY) are subject to change, without notice, at anytime prior to the issuance of the IRA. After the point of issuance, interest rates and annual percentage yield (APY) are fixed.  Based on the term of the IRA, early withdrawal penalties apply.