CD's and IRA's

From three months to five years, with as little as $1000 to invest, or $25 for a G.I.F.T. CD, we offer competitive rates for time deposits. Ask us how we can help you construct a CD "ladder," so you have funds maturing exactly when you want them.

A GIFT CD is a Guaranteed Investment For Tomorrow. This savings plan is our highest earning non-special CD. You can use this special investment CD to GIFT to a child or adult. If you are gifting to a child the maturity date is set for when the child graduates from high school. If you are gifting to an adult, the GIFT CD will mature in 10 years. After the maturity date, the CD will automatically renew every year.

A Freedom CD is a three year time deposit that gives you the freedom to bump the rate one time during the term.

Individual Retirement Accounts - Traditional, Roth and SIMPLE IRAs, Simplified Employee Pension Accounts, and Coverdell Education Accounts are available. Our specialists can help you choose the account that is best for you.


Certificate of Deposit Rates
This Rate Chart contains information about interest rates and annual percentage yields for some of the accounts we offer.
Product


Minimum Opening
Deposit

Minimum Balance
to Obtain Annual
Percentage Yield
Interest
Rate

Annual
Percentage
Yield

9 Month CDa
$5,000.00
$5,000.00c
0.45%
0.45%

12 Month CDa
$1,000.00
$1,000.00 – 24,999.99
$25,000.00 – 100,000.00
$1,000.00c

0.45%
0.55%

0.45%
0.55%

24 Month CDa
$1,000.00
$1,000.00 – 24,999.99
$25,000.00 – 100,000.00
$1,000.00c

0.75%
0.90%

0.75%
0.90%

Freedom CDa,b
3 Year Variable
Rate
$5,000.00
$5,000.00 – 24,999.99
$25,000.00 – 100,000.00
$5,000.00c

1.20%
1.30%

1.21%
1.31%

G.I.F.T. CDa,b
$25.00
$25.00 – 24,999.99
$25,000.00 – 50,000.00
$25.00c

1.45%
1.55%

1.46%
1.56%

3 Year IRA
Freedom CDa,b
Variable Rate
$2,500.00
$2,500.00 – 24,999.99
$25,000.00 – 100,000.00

$2,500.00c

1.45%
1.55%

1.46%
1.56%
 
 
a) A penalty may be imposed for early withdrawal.
b) The interest rate and annual percentage yield may change after account opening.
c) Daily balance. The amount of the principal in the account each day.

Fees could reduce the earnings on the account.
Interest Rates and Annual Percentage Yield are current as of April 1, 2014
For further rate information call (641) 939-3407.

 

Insurance Coverage of Transaction Accounts