Grand Bank and Trust of Florida


    Individual Retirement Accounts (IRAs)

    Account Balance
    Annual Percentage Yield
    Interest Rate
    12 Months
    3.00%
    2.96%
    24 Months
    3.50%
    3.44%

Rates valid as of 07/25/2008 and are subject to change at any time

  • An IRA is an excellent way to save for retirement
  • Depending on the option you choose, a Grand Bank IRA provides either tax-deferred or tax-free savings at competitive interest rates
  • Amounts: IRAs are issued in amounts of $500.00 or more
  • Maturities: Maturities of 12 or 24 months
  • Rates: Rates are reviewed weekly and adjusted in response to market conditions
  • Interest Payment: Interest compounded daily and paid on a calendar quarter. Interest is added to principal of the IRA Early withdrawal penalty may apply
  • For your convenience, all Grand Bank IRAs are automatically renewable

 

For further information, please contact a Customer Service Representative at 561.615.5000

TERMS AND CONDITIONS OF YOUR ACCOUNT