Certificates of Deposit, Individual Retirement Accounts and Health Savings Accounts

 

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

Term

Interest Rate*†

Annual Percentage Yield**
91 Day .20% .20%
182 Day .30% .30%
12 Month .40% .40%
18 Month .45% .45%
24 Month .60% .60%
30 Month .65% .65%
36 Month .70% .70%
48 Month .95% .95%
60 Month 1.00% 1.00%
* 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’s plans to choose from: Traditional, Roth, and Coverdell Education Savings Account (CESA).
  • Invested into eighteen month 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 .45%
.45%
* 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: 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: 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.