The First National Bank of Wynne

Personal Banking

PERSONAL BANKING

SEP's

A Simplified Employee Pension (SEP) plan is an employer-sponsored retirement plan through which an employer makes contributions directly to each eligible employee's Traditional IRA Account.

First Investor Account

A special account designed for the IRA investor only.

  • Minimum deposit amount $25.00
  • Tiered interest rates according to account balances
  • Interest compounded monthly
  • Interest rates are subject to change each June and December
  • Additional fees are as follows:
    • Under age 59 ½ - $10.00 per withdrawal
    • Over 59 ½ - planned withdrawal- no fee
    • Mandatory pay out - no fee
    • Transfer/Closing fee -$30.00
    • Over 59 ½ - one per year free - additional withdrawals, $5.00 each.

The above fees applies to all IRA investments (Savings, C.D.'s, Hi-Fi, etc.)

Online Banking
Alert

E-mails fraudulently claiming to be from the FDIC are attempting to get recipients to click on a link, which may ask them to provide sensitive personal information. These e-mails falsely indicate that FDIC deposit insurance is suspended until the requested customer information is provided.

Login