Individual Retirement Accounts (IRAs)

Whether Traditional or Roth, our Individual Retirement Accounts (IRA) offer a tailored approach to securing your future with tax advantages.1

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Traditional IRA

  • Contributions are tax deductible on state and federal income tax*
  • Withdrawals can begin at age 59 1/2
  • Early withdrawals subject to penalty**
  • Mandatory withdrawals at age 70 1/2

Roth IRA

  • Contributions are NOT tax deductible
  • Earnings are 100% tax free at withdrawal*
  • Direct contributions can be withdrawn without penalty*
  • Withdrawals on interest can begin at age 59 1/2
  • Early withdrawals on interest subject to penalty**
  • No mandatory withdrawals at age 70 1/2

Helpful Tools to Manage Your Finances

Direct Deposit

Grow your savings automatically.

Account Aggregation

View all your accounts right inside Online Banking.

FDIC Insured

Your account is federally insured to at least $250,000.

Account access anywhere, anytime with the First Northern Bank app

Account management

Check account balances, verify account activity, transfer funds, and so much more

Deposit checks

Skip the line by depositing checks within minutes with the snap of a photo

Pay bills

Quickly schedule and send payments to stay on top of your bills

Digital Wallet

Make purchases more convenient and secure with your mobile device

Certificates of Deposit

Lock in a fixed rate for a set term and grow your savings.

Learn More

Health Savings Accounts (HSA)

Gain greater control over your health expenses.

Learn More

1Consult a tax advisor.

*Subject to some minimal conditions. Consult a tax advisor.

**Certain exceptions apply, such as healthcare, purchasing first home, etc.

Kasasa Cash CalculatorDisclaimer

Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.

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  • Estimated Annual Rewards $0
  • Estimated monthly interest earned* $0
  • Monthly ATM fees refunded**$0
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Questions

*Qualifications, limits and other requirements may apply. See details for more info.

**The maximum total of refunds on ATM withdrawal fees per monthly qualification cycle is 25.

Buy vs. Lease CalculatorDisclaimer

This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.

1. Vehicle Info
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2. Loan Details
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3. Lease Details
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  • Net cost of buying $0
  • Net cost of leasing $0
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CD CalculatorDisclaimer

A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.

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  • Total value at maturity $0
  • Total interest earned $0
  • Annual Percentage Yield (APY)0.000%
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Savings Goal CalculatorDisclaimer

Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.

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  • Monthly deposit needed to reach goal $0
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Simple Loan CalculatorDisclaimer

This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.

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  • Estimated monthly payment $0
  • Total paid $0
  • Total interest paid $0
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Questions

Kasasa Cash*

Balance Minimum Opening Deposit Rate APY
0 - $15,000 $x 0.00% 0.00%
$15,000+ $x 0.00% 0.00%
All balances if qualifications not met $x 0.00% 0.00%

Qualifications

xx

Kasasa Saver*

Balance Minimum Opening Deposit Rate APY
0 - $15,000 $x 0.00% 0.00%
$15,000+ $x 0.00% 0.00%
All balances if qualifications not met $x 0.00% 0.00%

Qualifications

xx