Individual Retirement Accounts

Receive the income tax advantage.

Choose What’s Right For You

Individual Retirement Accounts (IRAs)

The risk-free secure savings option that helps you to invest in your future.

Low minimum deposit requirements
Rollovers and transfers are welcome
Flexible interest payment options
Convenient automatic renewal & required minimum distribution notices
Beneficiaries are named for peace of mind
Traditional or Roth IRA available

Traditional IRA

Contributions may be tax-deductible¹
Earnings grow tax-deferred
Distributions are taxable, but penalty-free after the age of 59 ½
Holders must take distributions after the age of 72

Roth IRA

Contributions may not be tax-deductible ²
Earnings grow tax-free
Distributions are tax-free after the age of 59 ½ and an investment period of at least 5 years
No required minimum distributions

¹Traditional IRA tax-deductible contributions may be limited. Consult your tax advisor for more information.
²Consult your tax advisor for more information.

Explore our Certificates of Deposit Options

Choose the traditional CD that's right for you with flexible terms ranging from 3 months to 10 years.

Explore Options

Make the Switch to Community Banking

Are you new to NexTier Bank or looking to make banking even easier? Switch to NexTier Bank for added convenience and access to your money, when you need it.

	Free Checking Learn More	Perfect Fit Learn More	Cash Back Learn More	Interest Plus Learn More
Deposit to Open	$50	$25	$50	$50
Balance Requirement	No Minimum Balance Requirement	No Minimum Balance Requirement	No Minimum Balance Requirement	No Minimum Balance Requirement
Monthly Service Charge	$0	$0	$0	$0
Rewards			2.5% Cashback on debit card purchases. Receive up to $8 per statement cycle².	Higher interest rate if qualifications are met.
Qualifications¹	None	None	See below for qualifications.	See below for qualifications.
Interest Bearing²
Free Online Banking with Bill Pay
Free Mobile Banking
Free eStatements
Free Telephone Banking
Overdraft Privilege^a	Covers overdrafts up to $500.	N/A	Covers overdrafts up to $500.	Covers overdrafts up to $1,000.
Free NexTier Visa^® Debit Card
ATM Refunds			Up to $15 per statement cycle³	Up to $15 per statement cycle³
Linked Account	None	None	Free NexTier Saver Account	Free NexTier Saver Account
	OPEN AN ACCOUNT		OPEN AN ACCOUNT	OPEN AN ACCOUNT

*Qualifying for rewards is easy.

To earn interest or cash back and ATM withdrawal fee refunds, simply do the following each Monthly Qualification Cycle:

Have at least 12 debit card purchases post and settle
Have at least 1 automatic payment (ACH), bill pay transaction, or direct deposit post and settle
Be enrolled in and agree to receive eStatements

¹When your NexTier Interest Plus account qualifications are met during a Monthly Qualification Cycle daily balances up to and including $35,000 in your NexTier Interest Plus account earn an interest rate of 0.65% resulting in an APY of 0.65%; and daily balances over $35,000 earn an interest rate of 0.25% on the portion of the daily balance over $35,000, resulting in a range from 0.65% to 0.25% APY depending on the account’s daily balance.
²When NexTier Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 2.50% cash back up to a total of $8.00 on debit card purchases, excluding ATM transactions that post and settle to the account during that cycle period. A maximum of $8.00 cash back payments may be earned per Monthly Qualification Cycle.
³You will receive reimbursements up to an aggregate total of $15.00 for nationwide ATM withdrawal fees incurred within your NexTier Cash Back or NexTier Interest Plus account during that Monthly Qualification Cycle. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.
⁴Perfect Fit is a BankOn – Certified product offering.

^aFor more information on our overdraft practices, click here.

Individual Retirement Accounts

Receive the income tax advantage.