Individual Retirement Accounts (IRA)*

Save for retirement the tax-advantaged way.

Finance your future with an IRA while deferring taxes. With fixed-term options from 18 months to 5 years and a floating-term option for 18 months, you have the power to control how much your money grows.

  • $100 minimum deposit
  • 18 month fixed or floating term to 5 years
  • FDIC insured

 

See Interest Rates

Individual Retirement Accounts

Open a IRA Account

To open a retirement savings account with First Columbia Bank, visit one of our 12 locations in Columbia, Montour, and Northumberland counties or Open an Account today. We’ll be with you every step of the way in your financial journey! 

 

Start Your Personal Banking Journey!

Contact us today to open an account. A member of our banking team will reach out to you to schedule an appointment at one of our locations.



Roth IRA vs. Traditional IRA

Here are the differences you need to know to make the right decision for your future: 

Roth IRA
 • Contribute after-tax dollars
• Contributions grow tax-free
• No current year tax benefits
• Penalty- and tax-free withdrawals after 5 years and age 59

Traditional IRA
 • Contribute pre- or after- tax dollars
• Contributions grow tax-deferred
• Gives immediate tax benefits
• Penalty-free withdrawals taxed as income after age 59


Discover which IRA may be best suited for you:

*Potential tax benefits are included with this account. A tax advisor should be consulted for additional guidance.

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