Features
- Must have a checking or savings account with Arundel Bank to open a Wealth Builder IRA
- $50 minimum opening deposit
- Variable interest rate
- Interest is compounded daily & credited monthly
- Interest Tiers: $50 – $4,999.99, $5,000 – $24,999.99, $25,000+
- Transaction limitations apply – see the account disclosure for a full list of permitted and limited transactions
- One Wealth Builder IRA per IRA plan type – Traditional or Roth
Current Rates
Effective Date: Friday, June 5, 2026
Account Type | Annual Percentage Yield (APY) | Minimum Balance To Earn APY/Open | Actions |
|---|---|---|---|
| 6 Month | 3.70 | $1,000.00 | Open an Account |
| 9 Month * | 3.65 | $1,000.00 | Open an Account |
| 12 Month | 3.55 | $1,000.00 | Open an Account |
| 13 Month * | 2.00 | $500.00 | Open an Account |
| 18 Month | 3.40 | $1,000.00 | Open an Account |
| 24 Month | 3.00 | $1,000.00 | Open an Account |
| 36 Month^^ | 2.50 | $5,000.00 | Open an Account |
| 48 Month | 2.50 | $1,000.00 | Open an Account |
| 48 Month | 2.75 | $25,000.00 | Open an Account |
| 60 Month | 2.50 | $1,000.00 | Open an Account |
| 60 Month | 2.75 | $25,000.00 | Open an Account |
| 84 Month | 2.75 | $10,000.00 | Open an Account |
| Wealth Builder IRA^*° | 0.25 | $50.00 | Visit a Branch |
| Wealth Builder IRA^*° | 0.50 | $5,000.00 | Visit a Branch |
| Wealth Builder IRA^*° | 1.00 | $25,000.00 | Visit a Branch |