Individual Retirement Accounts

Discover Retirement Made Easy
Banking... Wherever, Whenever!


Details on IRAs are available at any one of our branches.

Individual Retirement Accounts (IRA)*

IRAs provide a means by which you can save for retirement. Contributions to the traditional IRA may be tax deductible and interest on the IRA is not taxable until withdrawn.

Roth Individual Retirement Accounts (IRA)**

Roth IRAs are Individual Retirement Accounts resulting from contributions of after-tax dollars. To be eligible to contribute to a Roth IRA the individuals and their spouses must satisfy certain rules regarding taxable income.

*Distributions from Traditional IRAs prior to age 59½ are subject to a 10% penalty, in addition to applicable federal and state taxes. Under certain circumstances, you may be able to avoid the penalty on early withdrawals. Consult your tax advisor about your particular situation.

**A non-qualified distribution is subject to taxation of earnings and a 10% additional tax unless an exception applies. Consult your tax advisor about your particular situation.

Dear Loyal Landmark Customers,

In an effort to protect our customers and employees by participating in the recommended social distancing, effective Tuesday, March 17, 2020 all banking transactions will be handled through our drive-through facilities or by appointment. Our hours of operations remain the same for the convenience of our customers.

Customers are also strongly encouraged to take advantage of our self-service banking options, including Online Banking, Mobile Banking and Telephone Banking (1-866-255-4188). These 24/7 services allow you to view account information, transfer funds, pay bills, deposit checks (mobile), as well as, find the nearest ATM.

We will continue to refer to the Centers for Disease Control and Prevention, the World Health Organization, and other public health agencies to determine the safest course of action as the situation evolves.


Thomas V. Amico, President/CEO