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Rates

Pay the future you for all of your hard work. Start saving today to make the most from the competitive interest and other benefits. An Individual Retirement Account (IRA) is a tax-advantaged retirement savings account.

Key Features

  • Competitive Interest
  • No Monthly Fees

Types of IRAs

  • Traditional IRA: Contribute pre-tax dollars up to the annual limit. Earn interest on your IRA balance. Withdrawals in retirement are taxed.
  • Roth IRA: Make after-tax contributions up to the annual limit. Enjoy tax-free earnings and withdrawals.
  • Coverdell ESA: A type of education savings account that offers tax-free withdrawals for qualified education expenses. Earn interest on your funds to help pay for your child’s future education.

Open An IRA!

Since 1898, West Shore bank has e remained committed to helping the people and businesses along the lakeshore to improve their financial well-being. Visit one of our nine locations in Ludington, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.

Apply now to open an IRA account in Michigan! 

 

 

1Consult a tax advisor.