Earn a fixed return according to the term you select with an IRA CD.

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


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Maturity terms of 1, 2, 3, and 5 years1


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Additional income to your Social Security or other retirement plans once you qualify2


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Contributions are deductible from your income tax return3


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Compounded interest credited quarterly according to the term of your account

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Quarterly account statements

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Annual summary


Ready to apply?

Make sure you have the following documents readily available before applying.


In addition to your Social Security card, you will also need one valid ID with photo issued by the Government of Puerto Rico, such as:

  • Driver's license

  • Passport

  • Military ID

  • Government ID

With these documents in hand, apply here.


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Enjoy a Visa Infinite debit card with the Preferente account.


Learn more

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Cuenta UNO has no minimum balance.




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Secure your holiday expenses with the Christmas Club account.


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An IRA is an Individual Retirement Account.


An IRA account allows you to save money for retirement, thus complementing your Social Security income.  In addition, it gives you a tax benefit.


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


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Member FDIC . Only for residents of Puerto Rico. FirstBank offers you several IRAs and investment alternatives. You have the right to obtain detailed information to determine which is the most convenient. 1 Penalties for early withdrawal: 1 year CD IRA, 3 months of interest; 2, 3, and 5-year CD IRAs, 6 months of accrued interest or the total of accrued and/or paid interest, whichever is less on the principal of the interest rate of the IRA since its opening or last renewal, whichever occurred last. Minimum opening deposit and minimum balance to obtain APY on 1, 2, and 3-year CD IRAs: $500. Minimum opening deposit and minimum balance to obtain APY on 5-year CD IRAs: $1,000.00. Transfer fee to another institution: $50. Fees may reduce earnings on the account. Annual percentage yield is subject to the amount deposited being maintained in the account until maturity. Penalties apply for early withdrawal. The opening deposit, APY, and penalties may vary depending on the term of the IRA CD. Refer to product disclosures provided at account opening. 2 Subject to the distribution limitations provided by the Puerto Rico Internal Revenue Code. Consult your tax or financial advisor. 3 Up to the limit allowed by the provisions of the Internal Revenue Code. OCIF Lic. # 31.

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