TD National Bank 12 month IRA rate

TD National Bank, with executive offices in Portland, Maine and Cherry Hill, New Jersey and which offers retail, small business and commercial banking products, is a bank recognized by Money Magazine.

Currently, TD National Bank offers the following IRA products:

  1. IRA Add-Vantage CDs. This is TD National Banks’s 12 month IRA at 0.35%APY. $250 minimum deposit amount is required to open and maintain the account and obtain the APY. There is no monthly maintenance fee.
  2. IRA CDs. An 11 month term is offered by the bank at 0.40%APY. This also requires $250 minimum to open and maintain and obtain the APY. There is no monthly maintenance fee and multiple term CDs are available for IRA investment.
  3. Convenience Savings IRA. The APY offered is 0.05%APY with a required minimum daily balance of 0.01. Also, requires $250 minimum deposit to open the account and the monthly maintenance fee is waived.

The above offers is quite competitive in today’s market, but cannot be compared to what is being offered by City State Bank. It also offers an IRA Money Market at 1.24%APY and a FLEX IRA Time Certificate at 1.00%APY. There is also a great offer from AloStar that you can compare so you get the best return on your IRA investment.




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