Personal Services

Individual Retirement Accounts (IRAs)

EVB offers a variety of Individual Retirement Accounts for those seeking savings programs designed to accumulate retirement income. IRAs can be opened as CD or a savings accounts. Options include traditional IRAs, Roth IRAs, and Simplified Employee Pension (SEP) accounts.

Your retirement accounts at EVB are separately insured, up to $250,000, from any other deposits you may have with us. Consider rolling over your retirement savings to EVB when you are changing jobs to preserve your retirement fund, ensure that it continues to grow on a tax-deferred basis, and protect the assets from penalties and taxes that may be applicable if you withdraw the funds and do not reinvest in a qualified plan.

Please contact a customer service representative at any EVB branch for more information on ways to plan for your retirement. Consult your tax advisor concerning potential tax benefits. Please refer to the Deposit Rate Chart for EVB's current IRA Rates.

CD IRAs

CD IRAs are offered in terms ranging from one year to five years and require a $500 minimum opening deposit. Competitive rates are paid on these accounts. Early withdrawal penalties may apply. Please refer to the Deposit Rate Chart for EVB's current IRA Rates.

Reward IRA Savings

A smart choice to complement your retirement portfolio, Reward IRA Savings Accounts offer an attractive rate on new deposits, with a $100 minimum balance. Please refer to the Deposit Rate Chart for EVB's current IRA Rates.