Oak Valley Community Bank
Eastern Sierra Community Bank

Individual Retirement Accounts (IRAs)

Individual Retirement Accounts (IRAs) are intended for investors looking for competitive rates and tax benefits. Traditional IRAs are generally tax deferred up to certain IRS determined limits. IRA customers generally do not anticipate needing to access the funds for a predetermined period of time. Terms available from 6 months to 5 years.*

  • Earn a guaranteed interest rate for the length of the term
  • Interest compounds daily
  • $100 minimum opening balance required

*Six month IRA has a $10 Semi-Annual IRA fee. One to five year IRAs have a $15 Annual IRA fee.

Term Early Withdrawal Penalty
30 – 364 days 30 days of interest on the amount withdrawn
365 days – 5 years 90 days interest on the amount withdrawn