Coins growing.

CDs & IRAs

Your Plan for Tomorrow

Our Relationship Bankers are ready to help you with your plan for tomorrow!

Certificate of Deposit (CD)
 Earn higher interest than a traditional savings or money market account with First State Bank's CD products.
  • Competitive interest rates
  • A wide range of terms available (6 months to 5 years)
  • Flexible interest payment methods
  • Security of FDIC insurance coverage (up to allowable amounts)
  • Allow you to customize the CD to your plan and needs.
  • Early withdrawal penalties may apply.
Click here for our current CD Specials 

Traditional IRA
The Traditional IRA allows you to enjoy tax-deferred earnings and potential tax deductions. This type of IRA can help you lower your current tax bill and build more savings for the future. Anyone with earned income can contribute to a Traditional IRA, regardless of age; however, income limits may affect your ability to deduct your contributions. Contact us at 800-248-5950 for additional information. 
Roth IRA
A Roth IRA is a tax-free retirement account that lets you withdraw your contributions anytime. You can also save past age 70.5 and skip mandatory distributions. But your income and filing status affect how much you can contribute. The limit for 2023 is $6,500 (or $7,500 if 50+), unless your MAGI is above a certain threshold. Contact us at 800-248-5950 for additional information. 
IRA Rollover
If you are about to change jobs or retire, you may be eligible to receive a distribution from your 401(k) plan. If so, rolling these funds into an IRA will keep the funds tax deferred until withdrawal.

Additional restrictions and terms may apply. See a Relationship Banker for additional information about applicable terms, fees, current interest rates, and annual percentage yields.