IRAs

Planning a retirement fund? IRA savings accounts are a great way to get started, and Chemung Canal offers competitive interest rates and a term choice that's right for you.

• Minimum deposit to open an IRA account is $1,000, except for the 18-month variable interest rate account, which is $100
• Interest rates vary based on the term selected
• Fees could reduce earnings on the accounts
• There may be a penalty for withdrawing funds before the term has expired

For information on our current IRA interest rates, as well as other personal savings account and loan rates, please view Today's Interest Rates.

Minimum daily balance (amount of principal in the account daily) to obtain the stated annual percentage yield is $1,000, except for the 18-month variable interest rate account, which is $100.

Go to our savings calculator to create examples of how you may grow your savings!

Member FDIC