Earn the loyalty of your employees by helping them secure their future. An SEP IRA is also a good way to secure your own future if you’re self-employed.

Rates

Key Features

  • Competitive Interest
  • No Setup or Maintenance Fees
  • Free Digital Banking
  • Help employees save for retirement
  • Ideal for self-employed individuals as well
  • Interest-bearing account
  • Term deposit investment options available
  • No setup or service charges
  • First Bank maintains all records required by the IRS
  • Free business digital banking services, including:
    • Online banking
    • Mobile banking
    • eStatements
  • Convenient automatic renewal
  • Higher contribution limits than standard IRAs
  • Employer contributions are tax deductible
  • Employee funds are tax deferred