Certificates of Deposit, Individual Retirement Accounts, and Health Savings Accounts

  • $1,000.00 minimum deposit required.
  • No early withdrawal is allowed.
  • All interest rates are subject to change without notice.
  • Interest may be paid by reinvestment, check, or automatic transfer to a deposit account at the bank.
  • Interest can be paid monthly, quarterly, semi-annually, or annually.

Term
Interest Rate*†
Annual Percentage Yield**
91 Day 2.75%2.78%
182 Day 2.95%2.99%
12 Month 4.00%4.07%
18 Month 3.25%3.30%
24 Month 3.00% 3.04%
30 Month 2.50% 2.53%
36 Month 2.60% 2.63%
48 Month 2.70% 2.73%
60 Month 2.70% 2.73%
* Interest Rates quoted are effective today only; they are subject to change without notice.
† Interest Rates quoted are for consumer accounts only; call 573-384-5221 for commercial interest rates.
** Annual Percentage Yield assumes interest will be reinvested monthly to the CD and $1,000.00 minimum balance required to obtain APY.

Individual Retirement Account

  • Three different IRA plans to choose from - Traditional, Roth, and Coverdell Education Savings Account (CESA).
  • Invested into eighteen months fixed-rate Certificate of Deposit.
  • Interest reinvested monthly.
  • $50.00 minimum deposit required.
  • All interest rates are subject to change without notice.

Traditional

  • This is a custodial account for an individual with earned income.
  • Deposits can be up to $6,000/year and $7,000/year for those age 50 and over.
  • Disbursements can begin at age 59 ½.
  • IRA certificates can be automatically renewed.
  • IRAs can be transferred from other institutions at no charge.
  • Disbursements can be made before retirement age for qualified reasons.

Roth IRA

  • Funds invested are after-tax dollars.
  • Contributions are not tax-deductible.
  • IRA certificates can be automatically renewed.
  • Deposits can be up to $6,000/year and $7,000/year for those age 50 and over.
  • Disbursements can be made before retirement age for qualified reasons.
  • IRAs can be transferred from other institutions at no charge.

Coverdell Education Savings Account

  • The CESA is designed to save for a child's education.
  • Deposits can be up to $2,000/child/year.
  • IRA certificates can be automatically renewed.
Term Interest Rate* Annual Percentage Yield**
18 Month 3.25%3.30%
* Interest Rates quoted are effective today only; they are subject to change without notice.
** Annual Percentage Yield assumes interest will be reinvested monthly to the IRA and $1,000.00 minimum balance required to obtain APY. Fees may reduce earnings on the account.

Regular Contribution Eligibility Requirements include:

  • Covered by an HDHP.
  • Not covered by a non-HDHP (exceptions apply).
  • Not enrolled in Medicare.
  • Not eligible to be claimed as an independent on a federal income tax return.

Regular HSA Contribution Limits:

  • For Self-only HDHP coverage: The standard limit can be up to $3,600/year and
  • Limit for those 55+ can be up to $4,600/year
  • For Family HDHP coverage: The standard limit can be up to $7,200/year and
  • Limit for those 55+ can be up to $8,200/year

HSA funds are deposited into a money market account.

Call for current rates.