Certificates of Deposit, Individual Retirement Accounts, and Health Savings Accounts
Certificate of Deposit
- $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 | 3.25% | 3.30% |
| 182 Day | 4.90% | 5.01% |
| 12 Month | 4.50% | 4.59% |
| 18 Month | 4.00% | 4.07% |
| 24 Month | 3.50% | 3.56% |
| 30 Month | 2.75% | 2.78% |
| 36 Month | 2.75% | 2.78% |
| 48 Month | 2.95% | 2.99% |
| 60 Month | 3.15% | 3.20% |
| * 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. |
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Individual Retirement Account
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 | 4.00% | 4.07% |
| * 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. |
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Health Savings 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.
