When it comes to planning for retirement, nothing’s more valuable than peace of mind. This makes our IRA account a very smart choice and one that will help you sleep easily at night.

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Attractive fixed rate of return


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Interest rate and annual percentage yield guaranteed for the term of the IRA


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Can provide additional income beyond Social Security or other retirement plans once you retire1

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Available maturity terms up to 5 years


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Contributions may be tax deductible


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Interest compounded daily



Ready to apply?

Make sure you have the following documents readily available.


In addition to your Social Security card, you will also need one valid photo ID issued by the United States Government, such as:


  • Driver’s License

  • Passport

  • Military ID

  • Government ID

  • Permanent Resident ID

With these documents in hand, visit one of our branches.


Piggy bank in the shape of a pig on a pile of banknotes.

Earn a higher interest rate on your growing balance with First Savings account.

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First One savings account is specially designed for kids and easy for you to manage.

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Enjoy personalized service with multiple incentives with the FirstPlus checking account.



An IRA account is an Individual Retirement Account.


All you need is $100 to open an IRA. IRAs allow you to save money for your retirement, complementing your social security income. In addition, it gives you a tax benefit.


All your contributions are tax deductible and earn compounded interests. So, when you retire you can use the money. There are restrictions and penalties.


Yes, the maximum contribution per individual is $5,000 and $10,000 per couple.


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Member FDIC. Only for residents of Florida. FirstBank offers different IRA accounts and investment alternatives. You have the right to obtain detailed information to determine which is the most convenient IRA account for you. Refer to the product’s disclosures that are provided at the time of opening the account. Interest rate and annual percentage yield is based on maintaining the deposited amount in the account until the maturity date. Withdrawals made prior to the maturity date are subject to penalties. 1 Consult your financial advisor.


Product and services available only in Florida. FirstBank Florida is a division of FirstBank Puerto Rico. 

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