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​​​​​​​Enjoy the benefits of investing in your future.

Make your money grow by getting a fixed return according to the term you selected. Here’s what it has to offer:


  • Interest rate and annual percentage yield is guaranteed for the term of the certificate.

  • Available maturity terms for 1, 2, 3 and 5 years.1

  • Additional income to your Social Security or other retirement plans once you retire.2

  • Contributions are tax deductible.3

  • Compounded interest is credited quarterly according to the term of your account.

  • Quarterly account statements.

  • Access to account information through Digital Banking.​​​​

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​Member FDIC. Only for residents of Puerto Rico. 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 moment of opening the account. 1 Penalties for early withdrawal: IRA CD with maturity of 1 y​ear: 3 months of paid or accrued interest or total interest accrued or paid, whichever is less; for IRA CDs with a maturity of 2, 3 and 5 years: 6 months of paid or accrued interest or total interest paid or earned, whichever is less.from the principal at the interest rate of the IRA since the opening date or last renewal date, whichever occurred last. A minimum opening deposit and a minimum balance of $500 is required to obtain the APY for terms of 1, 2 and 3 years and a minimum opening deposit and minimum balance of $1,000 is required to obtain APY for an IRA of 5 years. Fee for transfers to other institutions: $50. Please refer to the product disclosure provided during the opening of the account. 2 Subject to the distribution limitations of the Internal Revenue Code of Puerto Rico. Consult with your financial or tax consultant. 3 Up to the limit allowed by the disposition of the Internal Revenue Code of Puerto Rico. The annual percentage yield (APY) is subject that the amount deposited in the account is maintained until maturity. Penalties may reduce yield. Certain penalties may apply for early withdrawal. The opening deposit, the APY and penalties vary depending on the term of the IRA CD.​ Lic. OCIF #31

​Member FDIC. Only for residents of Puerto Rico. 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 moment of opening the account. 1 Penalties for early withdrawal: IRA CD with maturity of 1 year: 3 months of paid or accrued interest or total interest accrued or paid, whichever is less; for IRA CDs with a maturity of 2, 3 and 5 years: 6 months of paid or accrued interest or total interest paid or earned, whichever is less.from the principal at the interest rate of the IRA since the opening date or last renewal date, whichever occurred last. A minimum opening deposit and a minimum balance of $500 is required to obtain the APY for terms of 1, 2 and 3 years and a minimum opening deposit and minimum balance of $1,000 is required to obtain APY for an IRA of 5 years. Fee for transfers to other institutions: $50. Please refer to the product disclosure provided during the opening of the account. 2 Subject to the distribution limitations of the Internal Revenue Code of Puerto Rico. Consult with your financial or tax consultant. 3 Up to the limit allowed by the disposition of the Internal Revenue Code of Puerto Rico. The annual percentage yield (APY) is subject that the amount deposited in the account is maintained until maturity. Penalties may reduce yield. Certain penalties may apply for early withdrawal. The opening deposit, the APY and penalties vary depending on the term of the IRA CD.​​ Lic. OCIF #31