IRAs

An IRA is a personal retirement plan that may save your tax dollars and provide a generous retirement funds for later. The First National Bank of Mercersburg offers both the Traditional IRA and Roth IRA. Multiple deposit terms are available.

For a minimum investment of $250.00, you may open a variable rate IRA.

  • Interest is based on current market rates and is adjusted quarterly throughout the 18-month term.
  • Contributions for any calendar year can be made up through April 15th of the following year.
  • Interest is posted semi-annually.

For a minimum investment of $500.00, you may open a fixed-rate IRA for a term of 18, 36, or 60 months.

  • The interest rate is based on the current market rates and is guaranteed throughout the term.
  • Contributions for any calendar year can be made up through April 15th of the following year.
  • Interest is posted semi-annually.

For more information or if you have questions regarding these products, please contact any of our IRA Customer Service Representatives. If you have questions regarding your eligibility for either IRA or wish to be advised, be sure to contact your tax advisor.

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