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No matter how near or far you are from retiring, the tax advantages of an Individual Retirement Account (IRA) can help you achieve your goals.
Whether you need to rollover a 401K or you’re just starting to save for retirement, Northrim Bank has the right option for you.
There are two basic types of IRAs for ongoing contributions:
1Federal regulation prohibits you from making a deposit more than every seven days, and not during the first or the last seven days of your CD term. 2 Automatically renews at maturity for the same term at the prevailing rate. No withdrawal penalty during 10-day grace period following maturity. Early withdrawal penalties may apply. No interest paid on balances below minimum.
"From times of cash flow challenges to needing funds for expansion, Northrim has gathered a group of people to 'make it happen' in an expedient way."
Advanced Physical Therapy
"The staff at Northrim went above and beyond from the start and they have continued to do so since. They believe in me and my business and have helped us grow by providing personal service that only a local bank could provide."
Dr. Krislyn DeLeon
Mt. McKinley Animal Hospital
"Northrim's community focus is instrumental to economic development in Alaska. This project would not have been completed without the support and contribution of Northrim."
Huna Totem Corporation
"If Northrim feels the project is good for the state and community, they find reasonable ways to help make it happen."
Extreme Fun Center
Call Us: 907-562-0062 or 800-478-2265
Routing Number: 125200934
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Thank you for your interest. At this time Northrim is only accepting applications for businesses based in Alaska. Please contact your local financial institution to apply for this program.