Gloucester Cooperative Bank Newsletter Community Contact - Hours - Directions Gloucester Cooperative Bank Home Personal Banking Business Banking About Glocuester Cooperative Bank Customer Service Gloucester Cooperative Bank Home Consumer Online Banking Login e-banking Signup Business Online Banking Login

 
Personal - HomeOnline BankingPersonal - Telephone BankingSavingsCheckingMoney MarketCDsIRAsIRAs - Rates & DisclosuresIRAs - CalculatorsMortgagesHome Equity LoansPersonal Loans

highriskpaymentservice Lower Transaction Fees


Gloucester Cooperative Bank is pleased to offer a variety of IRA accounts. The Traditional IRA, the Roth IRA, and the Educational IRA, each of which can offer you potential tax advantages. Come speak with one of our Retirement Specialists for more information.

Traditional IRAs allow you to defer taxes on your earnings until they are withdrawn, and certain contributions are tax deductible in the tax year for which they are made.

  • The Roth IRA is non-tax deductible for contributions, but features tax-free withdrawals after age 59½ or for certain distribution reasons after a five-year holding period
  • The Educational IRA is non-tax deductible for contributions, but distributions are generally tax free
  • IRA service fee of $10.00 annually on December 15th.

    Rates & Required Disclosures

Contact a bank representative for more details on our products and services. Click Here.