Grow your retirement savings with an IRA.

First Command Bank’s Individual Retirement Accounts offer competitive interest rates and potential tax advantages to help you set aside money for retirement. We offer FDIC-insured Certificates of Deposit (CDs) and Money Market Savings Accounts, as both Traditional and Roth IRAs.


A safe place for your cash reserves.

IRA CDs offer the security and predictability of a Certificate of Deposit, plus the tax benefits of an Individual Retirement Account. They pay a fixed rate over a defined period of time and are backed by federal deposit insurance, up to specified limits.

  • Available maturities ranging from 30 days to five years1
  • Competitive, tiered interest rates2
  • Automatic renewal at maturity, with a 10-day grace period
  • FDIC-insured up to specified limits3


Current Rates

The minimum opening deposit for a First Command IRA CD is $1,000.

First Command IRAs for military members and their families


The flexibility of a savings account — designed for retirement.

The IRA Money Market Savings Account combines the tax advantages of an IRA with the safety and security of a steady interest rate and FDIC insurance. And unlike an IRA CD, you can access your money before retirement without facing withdrawal penalties, though tax penalties may apply before age 59 ½. With our competitive, tiered interest rates, you’ll earn more as your balance grows.
  • Make eligible contributions7 and withdrawals at your convenience, per IRS guidelines
  • No fee for first six withdrawal or transfer transactions per statement cycle8
  • No monthly maintenance fees
  • Competitive, tiered interest rates9
  • FDIC-insured up to specified limits3


Current Rates

There is no minimum required deposit to open an IRA Money Market account. You’ll have view-only access to your account information through OnCommand™ online banking, and MobileCommand™ mobile banking. To simplify your banking experience, you can also sign up for free digital eStatements.

Common Savings IRA Questions