Individual Retirement Accounts (IRAs)


Have you ever thought about your retirement? Whether or not you plan to travel around the world, plant a garden in your backyard, or visiting your family members and grandchildren; it is time to plan your future by investing in your Individual Retirement Account. It is never too early to start saving money for your retirement. FAIB offers both Traditional and ROTH IRA to suit your retirement needs:

  • Low minimum opening deposit: $500.
  • Flexible terms: you can choose from 1 year to 5 years.
  • Earn competitive higher interest, fixed at time of deposit for the full term, compounded daily so you can earn even more interest.
  • Automatic renewal at maturity for the same term.