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Retirement Accounts

When it comes to IRAs, no one in the area does it better than Central State Bank! We have the ability and expertise to support a full range of plans including Traditional, Rollover/Transfer, Roth and Education IRAs. Our FDIC insured CDs are a great funding option (see below) with even more non-traditional options available through the Wealth Management area of our bank. For further information call or stop by the bank, or click on the “Get Started Now” box to the left to get in touch with one of our bankers via e-mail.

All of our regular fixed rate CDs can also be used for the purpose of funding an individual retirement account. They're traditionally our most popular IRA investment!

Available to all individuals to qualify for IRA contributions, transfers or rollovers

$500 minimum to open and minimum balance requirement

Your choice of a full range of terms from 3 months to 60 months

Additional deposits not permitted during the term

  • Withdrawals during the term subject to an early withdrawal penalty*
  • Withdrawals at maturity (at the end of the term) permitted without penalty*
  • Interest rate and Annual Percentage Yield (APY) are fixed upon opening for the entire term**
  • Maturity reminder mailed to you prior to the end of the term
  • Automatically renewable at maturity at the then-current interest rates
  • Your funds are FDIC-insured to $250,000

*Withdrawals (other than transfers/rollovers to a qualified plan) made prior to reaching age 59½ may be subject to IRS penalties. Consult your tax advisor for details before taking action or establishing an account. **Contact the bank for current interest rate and APY information.