IRAs (Individual Retirement Account)

A minimum balance of $1,000 is required to open account. Funds are kept until maturity. Interest is paid monthly, quarterly, or semi-annually dependent upon term. Penalty for early withdrawals. CDs are available for the following terms:

91-Days 6-Months 9-Months 1-Year

2-Year 3-Year 4-Year 5-Year

Contact your Northern Michigan Bank & Trust representative for current interest rates and details.