Offering IRAs

IRA's have not been a good tool for attracting new customers.

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Brett Legg
President & CFO
The Eastern Colorado Bank
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Original Message:
Sent: 04-24-2018 17:47
From: John Haglund
Subject: Offering IRAs

This may seem like an overly simple question, but we're a pretty simple institution, plus I'm new to the banking industry.  I also realize we're about 2 weeks late in terms of optimally timing our entering this market.

What is involved in offering IRAs?  What has your experience been in using IRA's as a tool for attracting new depositors?

Thanks in advance.

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John Haglund
Controller
Liberty Bank, Inc.
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