Fraud Alert: Customers are receiving multiple fraudulent texts and emails. Some messages ask if you completed a purchase and request a response to the text. Other messages state your card has been locked with a phone number to call in the message . This is not The First National Bank of Monterey!! The First National Bank of Monterey does not send texts or emails requiring a confirmation or call back. We may send you an email informing you have a new message in Digital Banking, and if you signed up, you may also receive the standard card alerts. These messages do not have links, phone numbers, or request a response.
The First National Bank of Monterey offers a variety of competitive rates and terms on Individual Retirement accounts (IRA’s). With our Individual Retirement Accounts, you can rest assured you are utilizing one of the best savings tools available to help you achieve financial security.
Type of IRA:
A SEP plan allows employers to contribute to traditional IRAs (SEP-IRAs) set up for employees. A business of any size, even self-employed, can establish a SEP.
A SIMPLE IRA plan provides small employers with a simplified method to contribute toward their employees’ and their own retirement savings. Employees may choose to make salary reduction contributions and the employer is required to make either matching or non-elective contributions. Contributions are made to an Individual Retirement Account set up for each employee