IRAs
Savings You Can Count On For Your Future
Put your hard-earned money to work building a comfortable, secure retirement. Choose the IRA account that’s right for you.
Mobile Banking at Central Valley Community Bank is a fast, secure and free service for our Personal Online Banking customers. Manage your money conveniently and securely from your mobile device anytime, anywhere!
For the best and most streamlined Mobile banking experience, it is best to access your Personal Online Banking accounts using the Mobile App by downloading it from the Apple store or Google Play store (depending on your device). Direct links to each store are provided on the log in page. When accessing your Personal Online Banking from the Mobile App, you are able to perform the following functions:
If you need to perform additional administrative functions that are not listed above, you can do so by accessing the Full site (see definition below).
You can also access your Personal Online Banking accounts through the Mobile Site log in. You will have a similar experience as the Mobile App with the same functionality and features available to you. When accessing your Personal Online Banking from the Mobile Site, you are able to perform the following functions:
If you need to perform additional administrative functions that are not listed above, you can do so by accessing the Full site (see definition below).
This option is not optimized for mobile devices, but you will still be able to access if desired to be able to perform some of the administrative functions that you are not able to perform when using the App or the Mobile Site. This option will enable you to have all of the same features that you have when accessing Personal Online Banking from your desktop, which includes:
If you have additional questions, please contact our Customer Service Department at (800) 298-1775.
Central Valley Community Bank Mobile Banking is a free service and only available with a Central Valley Community Bank Personal Online Banking Account. However, your mobile phone service provider may charge for text messages and/or web access: check your plan for details.
Mobile Banking at Central Valley Community Bank is a fast, secure and free service for our Business Online Banking customers. Manage your money conveniently and securely from your mobile device anytime, anywhere!
For the best and most streamlined mobile banking experience, it is best to access your Business Online Banking accounts using the Mobile App by downloading it from the Apple store or Google Play store (depending on your device). Direct links to each store are provided on the log in page. When accessing your Business Online Banking from the Mobile App, you are able to perform the following functions:
If you need to perform additional administrative functions that are not listed above, you can do so by accessing the Full site (see definition below).
You can also access your Business Online Banking accounts through the Mobile Site log in. You will have a similar experience as the Mobile App with the same functionality and features available to you. When accessing your Business Online Banking from the Mobile Site, you are able to perform the following functions:
If you need to perform additional administrative functions that are not listed above, you can do so by accessing the Full site (see definition below).
This option is not optimized for mobile devices, but you will still be able to access if desired to be able to perform some of the administrative functions that you are not able to perform when using the App or the Mobile site version. This option will enable you to have all of the same features that you have when accessing Business Online Banking from your desktop, which includes:
If you have additional questions, please contact our Customer Service Department at (800) 298-1775.
Central Valley Community Bank Mobile Banking is a free service and only available with a Central Valley Community Bank Business Online Banking Account. However, your mobile phone service provider may charge for text messages and/or web access: check your plan for details.
Put your hard-earned money to work building a comfortable, secure retirement. Choose the IRA account that’s right for you.
Features | IRA Savings | Traditional IRA Variable & Fixed Rate |
Roth IRA Variable & Fixed Rate |
---|---|---|---|
Learn More Here | Learn More Here | Learn More Here | |
Description | A flexible retirement account designed to help you save with the ability to make deposits on a recurring basis | The traditional IRA account allows you to contribute earned income and defer taxes on contributions and earnings until they are withdrawn | Contributions are taxed going into IRA account, but no tax is paid on qualified withdrawals (1) |
Minimum Opening Deposit |
$25
(Annual custodial fee of $20)
|
$500
(Annual custodial fee of $20)
|
$500
(Annual custodial fee of $20)
|
Terms |
Ask a representative for details Interest will be compounded daily Interest will be credited quarterly |
Varies with program. Ask a representative for details Interest will be compounded daily Interest will be credited quarterly |
Varies with program. Ask a representative for details Interest will be compounded daily Interest will be credited quarterly |
Tax Deferral Status |
Contributions may be tax deductible (1) Earnings are tax deferred until withdrawn (1) |
Contributions may be tax deductible (1) Earnings are tax deferred until withdrawn (1) |
Contributions are not tax deductible (1) No taxes paid on qualified withdrawals of earnings (1) |
Allowable Contributors |
Limits apply (1) |
Limits apply (1) |
Individuals with earned income subject to modified adjusted gross income limits Limits apply (1) |
Withdrawal Information |
Limitations apply (1) to regular retirement withdrawals Please note that withdrawals maybe subject to IRS tax penalties |
Limitations apply (1) to regular retirement withdrawals Please note that withdrawals maybe subject to IRS tax penalties |
Contributions may be withdrawn at any time without taxation (1) Qualified withdrawals of earnings may be made without taxation after five years (1) |
Account Dates |
Must open account and all contributions must be made by the tax filing deadline (usually April 15) (1) Deposits to the account are considered “current” year unless you indicate otherwise at time of deposit |
Must open account and all contributions must be made by the tax filing deadline (usually April 15) (1) Deposits to the account are considered “current” year unless you indicate otherwise at time of deposit |
Must open account and all contributions must be made by the tax filing deadline (usually April 15) (1) Deposits to the account are considered “current” year unless you indicate otherwise at time of deposit |
Contribution Information |
Catch up contributions are allowed
Please consult your tax advisor based on your personal situation
|
Catch up contributions are allowed
Please consult your tax advisor based on your personal situation
|
Catch up contributions are allowed
Please consult your tax advisor based on your personal situation
|
Benefits | Contributions may be tax deferred. Earnings may be tax deferred until withdrawn (1) |
Variable and fixed rate options allow for flexibility in interest earnings Contributions may be tax deferred. Earnings may be tax deferred until withdrawn (1) |
No taxes on the interest earned on the account (1) Variable and fixed rates offered Flexible terms to meet your needs |
(1) Important Note: A penalty may be imposed if funds are withdrawn before maturity. Please consult your tax advisor regarding consequences for Individual Retirement Account contributions and withdrawals. If the account is closed prior to the interest payment period, interest will not be received. Your interest rate and annual percentage yield for your account depends upon the applicable rate. We may change the rate on your variable rate account at any time.
Please note: This information is accurate as of January 1, 2023. Refer to "Understanding Your Deposit Accounts" for terms and conditions and account disclosures. Central Valley Community Bank reserves the right to make changes at any time as a result of a change of policy, law, and regulation or otherwise. Ask a Banking Center Representative for more information about IRA terms and conditions.