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Save now & enjoy later

Got big plans to make the most of your freedom when you retire? Better start saving for retirement now! Setting up Individual Retirement Accounts (IRAs) can help you plan a successful financial future—don’t worry, we’ll walk you through it. Learn below whether a Roth or Traditional IRA best suits your financial situation.


  • Choose between Traditional and Roth IRAs
  • Earn competitive dividends higher than primary savings
  • Tax-advantaged* way of saving for retirement
  • Contribute as often as you like
  • No setup or maintenance fees

*Consult a tax advisor

Compare Traditional vs Roth


  • Anyone under age 70½ may open
  • Contributions are tax deductible on state and federal income tax*
  • Withdrawals may begin at age 59½
  • Early withdrawals subject to penalty**
  • Mandatory withdrawals begin at age 79½

*Consult a tax advisor.

**Certain exceptions apply, such as healthcare, purchasing first home, etc.


  • Must earn less than income limits (as of 2013)
    • Annual income limit for single adults is $127,000
    • Annual income limit for couples is $188,000
  • Contributions are not tax-deductible
  • Earnings are tax-free at withdrawal
  • Principal contributions may be withdrawn without penalty
  • Withdrawals on interest may begin at age 59½
  • Early withdrawals on interest subject to penalty**
  • No mandatory distribution age

*Subject to minimal conditions

**Certain exceptions apply, such as healthcare, purchasing first home, etc.

“I just want to thank you for following up and making sure everything went through with my account. You helped greatly with my retirement plan, which will help me in the long-run!”

Abington Closure

Our Abington branch is now TEMPORARILY CLOSED for renovations until Fall 2021. Drive-thru & ATM are also closed. Please plan ahead. Click here for alternate locations