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 IRA Money Market Account

Introducing the new BankDirect Money Market Individual Retirement Account! Enjoy the convenience and liquidity of a money market account with the safety and security of FDIC insurance.

To open a BankDirect IRA, please contact Client Support at 1.877.839.2737 to complete an application over the phone with a Client Support Representative or to request a New Account Kit be mailed to you.

ATM or Visa CheckCards are not available on IRA Money Market Accounts.

 Features Rates/Fees Disclosures 

Instead of funding your IRA in one lump sum, you can make recurring deposits as often as you like.

  • Additional deposits allowed ($100 minimum per additional deposit)
  • No time commitment-can be withdrawn or transferred at any time
  • No bank-imposed early withdrawal penalties
    (Standard IRA penalties may apply)
  • Interest earnings compounded daily and credited monthly
  • Convenient monthly statement
  • Can be used for contributions or rollovers from other funds

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