*Must be filled, printed, and returned to a KCNB location.
A traditional IRA is a tax-advantaged personal savings plan where contributions may be tax deductible.
Generally, amounts in your traditional IRA (including earnings and gains) are not taxed until you take a distribution (withdrawal) from your IRA.
| Type of Account | Term2 | Minimum Deposit to Open | APY3 | Interest Rate | Interest Compound | Minimum Balance4 to Obtain Annual Percentage Yield (APY) |
|---|---|---|---|---|---|---|
Traditional IRA | 18 Months | $1,000.00 | 0.50% | 0.50% | Quarterly | $0.01 |
We currently do not provide the means for you to apply online or submit your application electronically.
Our applications are available at any KCNB location, and can also be found on our website in a fillable and downloadable PDF format.
We do not schedule appointments to meet with our representatives. However, we do encourage you to call your preferred location ahead of time to check on availability.
Our business hours are from 8am-5pm, with the lobby open from 9am-3pm, Monday through Friday.
Generally, a valid government-issued photo ID, Social Security Card, and proof of residence will be required to open an account. You will also need your opening deposit.
Certain circumstances/accounts may require additional documentation. Call 830-780-3317 for more information.
Give us a call at 830-780-3317 or visit any KCNB location.
