Asheville Savings Bank

Individual Retirement Accounts


It’s never too early, or too late, to start building your wealth. We offer a variety of products designed with your future financial success in mind.

Individual Retirement Account (IRA)

IRAs have become a cornerstone in wise retirement savings plans. Flexible and convenient, they offer great tax benefits while adding to your overall investment plan. Whether it's the traditional IRA or Roth IRA account, we can help you achieve your long-term goals.

Blended Rate IRA

A Blended Rate IRA is perfect for anyone looking to start modestly and accumulate a sizable amount over time.
  • Great interest rate
  • Tax-deferred savings
  • $100 minimum opening balance
  • 1- or 2-year term
  • Additions permitted in amounts of $10 or more
  • Additions earned at the rate in effect at the time of deposit without extending maturity
  • Penalty-free withdrawals permitted after age 59 1/2

Other IRAs

Any certificate of deposit (CD) can be used for Traditional or Roth IRA funds.