IRA Savings Account

A great option for retirement savings on any budget level.

IRA Savings Features:

• Great option for retirement savings on any budget level
• Traditional IRA: contributions may be tax-deductible, growth is tax-deferred, and withdrawals are taxed as income
• Roth IRA: contributions are made with after-tax dollars, growth is tax-free, and qualified withdrawals are tax-free
• No initial deposit or ongoing balance requirements¹
• Earns competitive variable interest rate (interest compounded quarterly)
• Benefit from higher interest rates with tiered rates at the following levels: $2,499.99 & Under | $2,500.00–$9,999.99 | $10,000.00–$24,999.99 | $25,000.00 & $99,999.99 | $100,000.00 & Over
• Withdrawals may be subject to income tax liabilities, IRS penalties, or early withdrawal interest penalties²

Digital Banking Features:

• Access your account anywhere with Online Banking or our convenient goBank Mobile App
• Stay informed with real-time account alerts
• Deposit checks anywhere, anytime with Mobile Deposit
• Access eStatements up to 18 months for easy record-keeping
• Free 24/7 Telebanc (telephone banking)

Existing Bank First customers may open an account by contacting their local office. If you are new to Bank First, please visit a nearby location to get started today!

View All Savings Options

Make Saving Easy!

Set up automatic transfers from your Bank First checking account to your savings account.

• Login to your Bank First account via desktop Online Banking
• Select "Transfer" from the main menu
• Choose the account you wish to withdraw from and the account you would like to deposit into
• Select the date and check repeat, then select your frequency (weekly, monthly, etc.)
• Select the transfer day and how often you would like to repeat the transfer
• Enter the amount and select "Preview transfer"
• Review transfer details and select "Complete transfer"

You can review, edit, or delete your scheduled transfers at anytime at the bottom of the Transfers menu.