Individual retirement accounts (IRAs)

Farmers Bank can help you maximize your retirement with an individual retirement account (IRA). There are two types of IRAs:

Roth IRA:

Earnings are tax free for qualified investors.

Traditional IRA:

Earnings grow tax-deferred, and contributions may be tax deductible.

No matter which type you choose, establishing an IRA with Farmers Bank is easy. Here are some important details:

• No minimum opening balance
• Competitive rates of return
• Insured by the FDIC
• Early-withdrawlal penalty applies before age 59½