Certificates of Deposits
- $500 minimum deposit to open
- Various Terms only for the Certificate of Deposit
- Interest rate is fixed for the term of the C.D. and earned interest can be credited directly to your First State Bank transaction account
- Auto renewal available
- While there is no service charge for maintaining your C.D. there is penalty for early withdrawal
Build your family safety net
CD Special
6 Months
4.51%
4.60% APY*
12 Months
4.75%
4.85 APY*
Money Market Accounts
Requirements:
- Minimum balance to open – $2,500.00
Benefits:
- This is interest bearing checking account with check writing privileges
- Interest is compounded and credited monthly based upon the following tiers: $0.01 – $2,499.99, $2,500.00 – 24,999.99, $25,000.00 – $99,999.99 and $100,00.00 and over
Cost:
- No monthly service charge when daily balance is above $1,500.00.
- If daily balance falls below $1,500.00, a service fee of $15.00 will be imposed.
Limitations:
- You may make 6 transfers from your account each mothly cycle.
Individual Retirement Account
It’s never too early to start planning for your retirement. With a long-term investment program, every year make a tremendous difference. Interest begins to accure immediately and is compounded and credited to your account quarterly.
- $500 minimum deposit to open
- 1 year terms
- Traditional and Roth IRA’s available
- Early withdrawal limitations may apply
With regard to IRA’s, penalty free withdrawals are allowed within 7 business days of account opening. The early withdrawal penalty is 30 days of interest.
Investment Rates
Items | Interest Rates | APY* |
---|---|---|
NOW | 0.02 | 0.02 |
SUPER NOW | 0.04 | 0.04 |
Money Market: | ||
$0-$2,499.99 | 0.02 | 0.02 |
$2,500-$24,999.99 | 0.03 | 0.03 |
$25,000-$99,999.00 | 0.08 | 0.08 |
$100,000 and above | 0.10 | 0.10 |
Savings | 0.045 | 0.045 |
Your interest rate and annual percentage yield may change after the account is opened.
Fees could reduce the earnings on the account
A Penalty may be imposed for withdrawals before maturity.
Certificates of Deposits | Regular | APY* |
---|---|---|
90 to 179 Days | 0.04 | 0.04 |
180 to 364 Days | 0.075 | 0.075 |
1 Year | 0.06 | 0.06 |
2 Years | 0.06 | 0.06 |
6-month special | 4.75 | 4.85 |
12-month special | 5.00 | 5.12 |
Certificates of Deposits: | Jumbo | APY* |
---|---|---|
90 to 179 Days | 0.05 | 0.05 |
180 to 364 Days | 0.10 | 0.10 |
1 Year | 0.15 | 0.15 |
2 Years | 0.20 | 0.20 |
6-month special (new money only) | 4.75 | 4.85 |
12-month special (new money only) | 5.00 | 5.12 |
Please call for other “Specials” |
Your interest rate and annual percentage yield* may change after the account is opened.
Fees could reduce the earnings on the account. Jumbo C.D.’s require at least $100,000.
Minimum opening balance for Certificates of Deposits is $500.00.
A Penalty may be imposed for withdrawals before maturity.
Rates subject to change without notice.