New England Bank

Individual Retirement Accounts

New England Bank offers a variety of retirement plan options.

Both Traditional and Roth Plans are available each having specific benefits. The IRA plan, plain and simple "Tax Savings" to provide financial security for your retirement; a goal shared by everyone.

Our IRA plans include a variety of flexible products and features:

  • IRA Savings Accounts for weekly or monthly contributions.
    • Minimum deposit required to open an account is $50.00
  • IRA Certificates of Deposit offer convenient terms from 3 months to 5 years.
    • Minimum deposit required to open account is $1,000.00. 
  • Interest will be compounded daily and credited to your account monthly.
  • Accounts are automatically renewable. A penalty may be imposed for early withdrawal.

Come in and ask more about Individual Retirement Accounts at any one of our conveniently located branch offices.

At New England Bank, we're "All the bank you'll ever need".