Holiday Hours - January 19th, 2026
All branches of EWSB will be closed in observance of Martin Luther King Jr. Day, this Monday, January 19, 2026.
Online and Mobile Banking is available 24/7!
What is an IRA?
An Individual Retirement Account (IRA) is a retirement investment account. IRA’s can offer tax deductions or tax-free withdrawals, depending on the type of account. IRA accounts can be opened in any of our savings or CD products.
Traditional IRA*
Contributions to a traditional IRA are generally pre-tax dollars or could qualify you for a tax deduction for the tax year your contributions are made. You’ll then pay taxes when you take distributions in retirement.
Roth IRA*
Contributions are generally made with after tax dollars. You do not receive an immediate tax deduction or benefit. However; your distributions in retirement will be tax-free.
IRAs Only
Effective 7/8/2025
| Account Type | Minimum (to open account) |
Interest Rate | APY* |
|---|---|---|---|
| 18 Month Deposit IRA (Additions Allowed) |
$50.00 | 0.200% | 0.20% |
Learn More
Get in touch to learn more about opening an IRA with East Wisconsin Savings Bank.