Individual Retirement Accounts (IRAs)

It's never too early to start planning for the future. Invest in an IRA today! We offer Traditional, CESA, and SEP IRAs with competitive rates, all providing tax-sheltered savings*.

Ask your Focus Bank representatives for more information and consult your tax advisor to choose the best option for you. Start securing your retirement today.

Summary
  • Tax-advantaged retirement savings*
  • Competitive dividends above standard savings
  • Choose Traditional, CESA or SEP options
  • No setup fees
  • No monthly or annual maintenance fees
  • Federally insured by FDIC up to $250,000
  • $5,500 maximum annual contribution
  • Additional $1,000 "catch-up" contribution allowed for ages 50+
  • $1,000 minimum deposit to open

*Subject to some minimal conditions. Consult a tax advisor.