Important AnnouncementIn Observance of Thanksgiving Day, we will be closed Thursday, November 22, 2018.
As a reminder, our ATMs along with online and mobile banking are available 24/7.

IRAs2019-05-13T15:27:01+00:00

Preparing for Your Retirement?

To assist you in building your nest egg, Roselle Bank offers a variety of secure IRA investments including Traditional IRAs, Roth IRAs, and Coverdell Education Savings Accounts. We recommend you seek tax advice from your Tax Advisor to ensure that you select the IRA that best fits your needs.

IRA Certificates of Deposit Rates and Terms

Type of AccountMinimum Opening BalanceInterest RateAnnual Percentage Yield
12 Month$1,0001.47%1.50%
18 Month (Fixed Rate)$1,0001.61%1.65%
24 Month$1,0001.61%1.65%
30 Month$1,0001.71%1.75%
36 Month$1,0001.71%1.75%
48 Month$1,0001.81%1.85%
60 Month (maximum $250,000) (1,2,3)$1,0001.95%2.00%
84 Month (2,3)$1,0002.19%2.25%

Available to individuals residing in the New Jersey Counties of Essex, Hunterdon, Middlesex, Morris, Somerset, Union and Warren.

ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. Penalties for early withdrawal.

1. Maximum deposit of $250,000 for each Tax ID.

2. For IRA Bump-Up Certificate of Deposit (CD) Accounts, during your term you are permitted to make a one-time request to increase your interest rate at your discretion. Your request to adjust your interest rate is limited to the rate in effect for your IRA Bump-Up CD at the time of your request. A one-time interest rate increase will not extend the original maturity date of your account.

3. Annual Percentage Yield (APY) effective as of 10/30/19. APYs are subject to change without notice and offer may be withdrawn at any time without notice. No public or corporate funds. Penalty for early withdrawal. Fees could reduce earnings. Other rates and terms also available. See a customer service representative for more details.