NOTICE

We are currently making changes to our website.  You will notice that the url under the address bar now states myfreeholdbank.com.  This will be the new web address going forward to access our site.  All previous web addresses that you may have saved as your favorites will automatically direct you to our site.  In the near future you will see a more dynamic website with more enhanced features.

 

 

 

 

IRA Account

An Individual Retirement Account (IRA) is a deposit account, which permits an individual to shelter a certain amount of funds a year in a tax deferred investment account. There are several types of IRA plans available to the depositor: Traditional IRA, Roth IRA, and ESAs.

Features

This is an FDIC insured deposit. Please call for additional details

Rates

Rates vary according to the type and term of certificate.

 Fees may reduce earnings on the account.

 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE
FOR NON-INTEREST BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a non-interest bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). 
Beginning January 1, 2013 all of a depositor's accounts at an insured depository institution, including all
non-interest bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount $250,000 for each deposit insurance ownership category.

 

For more information about FDIC insurance coverage of non-interest bearing transaction accounts, visit
http://www.fdic.gov/deposit/deposits/unlimited/expiration.html