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Individual Retirement Accounts (IRAs)

Saving for retirement is important. Old Point National Bank offers a full range of options to meet your needs. Whether you choose Roth IRAs or Traditional, or you receive a distribution that you would like to rollover, we are here to help. The choice is yours. Thanks to tax-deferred earnings, your nest egg will grow much faster than in a savings account.

Current Individual Retirement Accounts Rates
IRA Variable Rate Savings
Minimum Opening Deposit: $100.00
0.50%Annual Percentage Yield**
 
IRA 12 Month CD - Featured Product!
Minimum Opening Deposit: $500.00
1.75%Annual Percentage Yield**
 
IRA 18 Month CD
Minimum Opening Deposit: $500.00
1.75%Annual Percentage Yield**
 
IRA 30 Month CD
Minimum Opening Deposit: $500.00
2.00%Annual Percentage Yield**
 
IRA 42 Month CD
Minimum Opening Deposit: $500.00
2.25%Annual Percentage Yield**
 
IRA 60 Month CD
Minimum Opening Deposit: $500.00
2.61%Annual Percentage Yield**
 


**Annual Percentage Yield
Penalties may be imposed for early withdrawal.  Rates subject to change without notice. Rates quoted may differ from those offered in Old Point branches. Please call your nearest Old Point branch for current rates.