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IRAs Personal Banking

Two excellent options for retirement planning

If you have earned income, an individual retirement account (IRA) gives you the opportunity to save for retirement and possibly enjoy certain tax benefits.1 First State Bank offers two types of IRA certificates of deposit (CD) to for your Traditional IRA or Roth IRAs.

Learn more about IRAs including contribution limits and types from the IRS website.

Fixed-rate IRAs

  • Terms from 12 to 60 months
  • Lock in your annual percentage yield (APY) for the term of the CD
  • Minimum opening deposit: $500

Variable-rate IRA

  • 18 month term
  • Earn interest equivalent to the One Month U.S. Treasury Bill rate (published in the Money & Investing section of The Wall Street Journal)
  • Rates subject to change on the first Tuesday of each month
  • The rate will never be less than 0.75%
  • Minimum opening deposit: $500

Our best IRA rates

Open your individual retirement account today

Our relationship banking team can help you explore your retirement savings options and get your IRA started. We look forward to your visit!


1Please consult your tax advisor to learn what tax benefits may apply to you.

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