IRA Savings Account

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

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 36 months for easy record-keeping
Free 24/7 Telebanc (telephone banking)

Initial Deposit

Monthly Deposit Thereafter

Interest Rate

Savings Term

If you start out with $0.00 and then deposit $0.00 every month, with 0% interest, for 0 months, you will end up with:

Total Deposited: $0.00

Interest Earned: $0.00

Ending Balance: $0.00

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.