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Individual Retirement Account (IRA) Rates

Interest Rates and Annual Percentage Yields are effective as of October 24, 2022 for Monroe County.

6

Account Term Minimum Balance Interest Rate Annual Percentage Yield*
Fixed Rate
IRA		 18 Months $500 3.21% 3.25%
Fixed Rate
IRA		 36 Months $500 0.10% 0.10%
Fixed Rate
IRA		 60 Months $500 0.10% 0.10%
Fixed Rate
IRA		 30 Days $500 0.02% 0.02%

Return to Current Rates

Interest Rate and Annual Percentage Yield (APY) may change. Fees could reduce earnings. Early withdrawal penalty may apply. Rates subject to change without notice. Minimum balance to open an account is $500.

*Annual Percentage Yield (APY) is based on 365 (or 366 in a leap year) days with interest compounded and credited quarterly provided money is on deposit for a full calendar year.

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