Individual Retirement Account (IRA)<sup>1</sup>
Whether your savings goal is higher education or retirement, Broadway Bank's range of Traditional and Roth IRAs1 can help you build substantial savings for your future.
Opening an IRA
Get personal service from a banker at your nearest Financial Center to talk through your options and open the right IRA for you. If you have questions or need more information, contact our Customer Service Center at (800) 531-7650.
Build your tomorrow—start an IRA today.
No Annual Fee
Separately Insured by the FDIC
Tax Advantages Help Build Your Funds
Money Market IRA
- Earns money market rates based on market conditions
- Allows multiple contributions
- Interest will be compounded and credited monthly
Minimum Opening Deposit
$2,000
Fixed-Rate IRA
- Lock in a fixed interest rate with terms ranging from 12 months to five years
- Minimum opening deposit and minimum daily balance to earn the disclosed APY* is $1,000
- Additional deposits are accepted at maturity
Minimum Opening Deposit
$1,000
Term(s)
12 months - 5 years
Variable-Rate IRA
- Earn a variable rate of interest over a fixed term of 18 months (rates can change at any time)
- The minimum daily balance to earn the disclosed APY is $100
- Additional deposits are accepted
Minimum Opening Deposit
$100
Term(s)
18 months
More Savings Options
1Substantial penalty for early withdrawal of all certificates. Interest will not be paid for any funds withdrawn during the grace period. IRS penalties for early withdrawal may apply. *APY means Annual Percentage Yield. The Truth in Savings Act requires disclosures to be available on all consumer deposit accounts. Please inquire at any Broadway Bank location or call 1-800-531-7650 for a separate Truth in Savings Act disclosure.
