IRA

An individual retirement account (IRA) with tax-free growth on tax-deferred investments. Each type has different advantages. Subject to IRS restrictions, can save for retirement purposes.

• Traditional IRA
• Roth IRA
• 7-day to 60-month terms
• $500 minimum deposit
• Penalties for early withdrawal

To learn more about IRAs, see a customer service representative at any of our convenient locations, or call customer support at (802)388-4982.

To open your new NBM account, please bring the following information to a local branch:

• Social Security number and date of birth for all individuals on the account
• Phone number and email address
• Physical address
• Mailing address (if different from physical address)
• Debit card or account for funding the initial deposit for your new account
• License or passport for all individuals on the account

Other Account Info

Please note: A $500 initial deposit is required at account opening unless otherwise indicated.