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24Biz- West Palm Beach FL
Grand Bank and Trust of Florida


Individual Retirement Accounts (IRAs)

An IRA is an excellent way to save for retirement.

  • Depending on the option you choose, a Grand Bank IRA provides either tax-deferred or tax-free savings at competitive interest rates
    Account Balance
    Annual Percentage Yield
    Interest Rate
    12 Months
    3.95%
    3.87%
    24 Months
    4.05%
    3.97%
    Rates valid as of 10/20/2006.

  • Amounts: IRAs are issued in amounts of $500.00 or more.
  • Maturities: Maturities of 12 or 24 months.
  • Rates: Rates are reviewed weekly and adjusted in response to market conditions.
  • Interest Payment: Interest compounded daily and paid on a calendar quarter. Interest is added to principal of the IRA.
  • Early withdrawal penalty may apply.
  • For your convenience, all Grand Bank IRAs are automatically renewable.

For further information, please contact a Customer Service Representative at (561) 615-5000.

TERMS AND CONDITIONS OF YOUR ACCOUNT

Member FDIC   Equal Housing Lender