All rates are effective Wednesday, January 29th, 2020

IRA Certificate of Deposit

Like our retail CD, for a $500.00 minimum opening deposit, our IRA CDs offer you a higher rate of return for terms ranging from 6 months to 60 months. Penalties may apply for early withdrawal and there are potential tax consequences. Consult your tax advisor prior to making an IRA withdrawal.

IRA Certificates of Deposit
Account TypeInterest RateAnnual Percentage Yield
6 Months1.47%1.50%
12 Months1.86%1.90%
18 Months1.66%1.70%
2 Years1.90%1.95%
3 Years1.71%1.75%
4 Years1.76%1.80%
5 Years1.76%1.80%


Minimum daily balance of $500.00 is required to earn the APY.

Certificate of Deposit accounts carry a substantial penalty for early withdrawal.

IRA Savings

Our IRA Savings account offers you a flexible way to save for retirement, starting with as little as $25.00. You can deposit one-time, multiple times or set up a systematic deposit from one of your existing accounts – at Quaint Oak Bank or elsewhere! You can also use this account to temporarily deposit your IRA funds while you are making your investment decision. There is no penalty for rollovers or transfers to other IRAs of the same type. Withdrawals from this account may be subject to taxation. Please consult your tax advisor prior to making an IRA withdrawal.

IRA Savings Account
Account TypeInterest RateAnnual Percentage Yield
IRA Savings0.79%0.80%

Interest is paid and annual percentage yield is earned on entire balance in account.
Variable Rates – Rates may change after account is opened.

Our routing number is 236074525.