Details:

• Tax-advantaged retirement savings*
• Competitive interest rates
• Traditional, Roth, SEP, SIMPLE, and Self-Directed available
• No setup fees
• No monthly or annual maintenance charges
• Funds can be used to purchase CDs within an IRA
• $300 minimum deposit to open**

*Consult a tax advisor.
** $500 for Variable CD

Traditional VS Roth

There are advantages to both traditional and Roth IRAs. One of the biggest differences is the time at which you see the most advantage. A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at time of retirement.

TRADITIONAL IRA

• No income limits to open
• No minimum contribution requirement
• Contributions are tax deductible on state and federal income tax¹
• Earnings are tax deferred until withdrawal (when usually in lower tax bracket)
• Penalty-free withdrawals can begin at age 59 ½
• Early withdrawals subject to tax penalty²
• Mandatory withdrawals at age 72

ROTH IRA

• Income limits to be eligible to open Roth IRA³
• Contributions are NOT tax deductible
• Earnings are 100% tax free at withdrawal¹
• Principal contributions can be withdrawn without tax penalty¹
• Penalty-free withdrawals can begin at age 59 ½
• Early withdrawals of interest subject to tax penalty²
• No mandatory distribution age
• No age limit on making contributions as long as you have earned income

¹Subject to some minimal conditions. Consult a tax advisor.
²Certain exceptions apply, such as healthcare, purchasing first home, etc.
³Consult a tax advisor.

Self-Directed IRA

Mission Bank Self-Directed IRAs (SDIRA) offer customers a way to use their IRA funds to purchase and hold Old Mission Bancorp, Inc. (OMBI) common stock. An Old Mission Bank SDIRA consists of an IRA Savings account and a stock investment account, for which Old Mission Bank is the Custodian.

The savings account portion of the SDIRA is a bank deposit account and is insured with other bank accounts up to FDIC limits, while the stock investment portion of the SDIRA is NOT insured by the FDIC. OMBI stock is the only non-bank asset that may be held in an Old Mission Bank SDIRA. Please stop in to one of our branches and speak with either the President/CEO or the CFO for details. *

*Notwithstanding the foregoing, with the exception of the funds in your Old Mission Bank SDIRA Savings Account, funds invested in Old Mission Bancorp, Inc. common stock are not insured by the FDIC or any other government agency, are not obligations of the Bank, and are not guaranteed by the Bank. Stock investments involve varying degrees of risk, including possible loss of principal. The SDIRA is neither an offer to sell nor a solicitation of any offer to buy any common shares of Old Mission Bancorp, Inc.