• Minimum opening deposit only $100
  • Choose between Traditional IRAs, Roth IRAs, as well as a Coverdell Education Savings Account
  • Contribute to account at any time*
  • Traditional IRA and Roth IRA contribution limits: 
    • Taxable Year 2016 is $5,500
    • Taxable Year 2017 is $5,500
    • Individuals who are age 50 or over at the end of the calendar year can make a catch up contribution up to $1,000.
  • Earn a higher interest rate over CD interest rates
  • Contributions may be tax deductible**
  • Adjust your rate annually if over 59 ½ years old
  • Set up automatic transfers to or from a Gate City Bank Checking or Savings account
  • IRAs are separately insured by the FDIC up to $250,000

2016 IRA contributions can be made until April 18, 2017.

What Our Customers Say

I showed up unannounced at 9:15 am and by noon I had the check in my hands.


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*Annual contribution limits apply.
**Ask your tax consultant about possible benefits and tax advantages.