Individual Retirement Account (IRA) Rates
Interest Rates and Annual Percentage Yields are effective as of July 16th, 2021 for Erie, Niagara, and Chautauqua County.
| Account | Term | Minimum Balance | Interest Rate | Annual Percentage Yield* |
|---|---|---|---|---|
| Variable Rate IRA* |
18 Months | $500 $50,000 $100,000 |
0.05% 0.30% 0.40% |
0.05% 0.30% 0.40% |
| Fixed Rate IRA |
18 Months | $500 | 0.05% | 0.05% |
| 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% |
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.