IRA Rollovers and Transfers

Investments through the Trust and Investment Services Department are not FDIC insured – may lose value – Not guaranteed by First Bank Richmond, NA.

We offer IRA rollovers and transfers to those who have received a lump-sum distribution from a pension or profit sharing plan or who have substantial IRA accounts at other institutions. You may choose between two types of IRA accounts with First Bank:

  • A fully-managed IRA in which we carefully select a mix of stocks and bonds designed to meet your growth and income objectives while remaining consistent with the risk parameters that you specify. Your IRA portfolio is individually structured to achieve your objectives. Whether to maximize current income or to invest for growth, an IRA account is ideal for those individuals looking to preserve purchasing power through portfolio growth.
  • A self-directed IRA is best for those who are comfortable in making their own investment decisions. First Bank Richmond acts as trustee while you make all of the investment decisions.

With our IRA accounts, you choose from a variety of comprehensive investment vehicles which include Certificates of Deposit, Stocks, Bonds, US Government Issues, and Mutual Funds.

Alan

 

 

 

 

 

Not sure what to do?  Ask Alan!

 

Online Banking

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You can deposit checks online using a scanner. You can deposit checks online.
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Dept. Contacts

For more information on these products or to schedule an appointment, contact any of our trust and investment professionals.

Alan Spears
Senior Vice President
Senior Trust Officer
31 North 9th Street
Richmond, IN 47374
(765) 973-4209
(800) 548-8138, ext. 209
aspears@firstbankrichmond.com

Christy Evans
Administrative Assistant
Trust and Investment Services
31 North 9th Street
Richmond, IN 47374
(765) 973-4208
(800) 548-8138, ext. 208
cevans@firstbankrichmond.com

Note: Please do not include any personal or account information when submitting an e-mail. E-mail messages are not encrypted. If you need to give personal or account information, please telephone us or stop by one of our convenient locations.