Umbrella Bank IRA CD rates

Umbrella Bank IRA CD requires an initial minimum deposit of $1,000. You can choose your term to fit your need.  There are 6 IRA CD terms to choose from available in Roth or Traditional IRA CD:

  • 1 Year, 1.5 Year, 2 Year, 2.5 Year and 3 Year IRA CDs – 2.00%APY
  • 5 Year IRA CD – 2.25%APY

Umbrella Bank charges a $10 annual fee but interest earned is tax-deferred or tax-free withdrawn.

UmbrellaBank.com is an Internet Banking division of New South Federal Savings Bank, a federally insured bank headquartered in Birmingham, Alabama.

Update October 24, 2009:

  • 1 year IRA CD – 1.70%APY
  • 1.5 year IRA CD – 1.90%APY
  • 2 year IRA CD – 2.00%APY
  • 2.5 year IRA CD – 2.00%APY
  • 3 year IRA CD – 2.00%APY
  • 5 year IRA CD – 2.25%APY

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