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Colorado National Bank CD IRA Program

Colorado National Bank offers a free IRA program that provides individuals with the opportunity to invest in certificates of deposits and enjoy full FDIC insurance coverage, up to $250,000. 


Is a CD IRA Right For You?

A CD IRA Program may be what you are looking for if:

  • You prefer the security of an FDIC insured product
  • You are looking for a tax-advantage retirement savings account
  • You would like to avoid IRA fees


Features of Colorado National Bank's CD IRA Program

  • Competitive rates
  • Daily compounded interest for accelerated growth 
  • Available for Roth and Traditional IRAs
  • FDIC insured deposits 


General Information.

  • Banking products such as checking accounts and certificates of deposit are FDIC insured up to acceptable limits and are offered through Colorado National Bank, Member FDIC. 
  • Colorado National Bank charges no IRA custodial fee. Please note that other fees and expenses may apply, including early withdrawal penalties and custodial transfer fees. See our Self-Directed IRA Fee Schedule for more information about our fees. 
  • Interest rate for certificates of deposit are variable and may change upon renewal.
  • Withdrawals from IRAs before age 59 1/2 may be subject to an IRS imposed 10% early withdrawal penalty, as well as federal and possibly state tax.
  • You may contribute simultaneously to a Traditional IRA and a Roth IRA (subject to eligibility) as long as the total contributed to all IRAs (Traditional and Roth) equals no more than $5,500 for tax year 2015 and $5,500 for tax year 2016 ($6,500 for tax year 2015 and $6,500 for tax year 2016 if you are age 50 or older).
  • Penalty for early withdrawal (additional restrictions may apply).


If you would like to open a CD IRA or have any questions concerning  Colorado National Bank's free CD IRA Program, please Contact Us.


Disclosure

Investment Products, other than  Colorado National Bank’s certificates of deposit, savings, and money market accounts 1) are not deposits, 2) are not insured by the FDIC, 3) are not guaranteed by Colorado National Bank, and 4) may involve investment risk, including the potential loss of principal.