Add-On IRA Certificates
Add-On IRA Term Share Certificate
Add deposits of any amount — anytime. This fixed rate account is a smart and flexible way to save with automatic payroll deduction. Deposits that raise the balance into the next tier will increase the rate, allowing your money to grow even faster. See rates.
Add deposits of any amount, at any time, up to a maximum of $1,000,000 without affecting your term
Federally insured to $250,000 by NCUA
Initial minimum deposit amount of $250
Minimum balance to earn dividends is $250
Maximum balance of $1,000,000
IRA contributions are limited to $6,000 per year; additional $1,000 allowed for those over 50 years old to "catch up"
C) Early Withdrawal Penalties: A penalty may be imposed for withdrawals before maturity for certificates: a) If your account has an original maturity of less than 12 months, the penalty we may impose will equal the greater of $100.00 or 90 days earnings. b) If your account has an original maturity of 12 months or more, the penalty will equal the greater of $150.00 or 180 days earnings. For more information, please refer to Provident's Master Account Agreement and Disclosure. c) For Youth Add-On certificates the penalty we may impose will equal 180 days earnings.
D) You can add deposits of any amount, at any time, up to a maximum balance of $1,000,000 without affecting your term. Deposits that bring the balance over $1,000,000 are at the discretion of Provident’s management.
G) IRA contributions are limited to $6,000 per year; additional $1,000 allowed for those over 50 years old to "catch up". Rollovers and direct transfers do not count against your contribution limit. The maximum annual contribution to a Coverdell ESA is $2,000.