CDs and Retirement Accounts
CDs (Certificates of Deposit)
CDs are a convenient savings option. Earn a higher rate than a Savings account by investing your funds for a fixed period of time. Our CDs give you security, guaranteed rates and variable maturities to meet your liquidity needs. You also receive the peace of mind that your money will be growing throughout the term of your certificate with FDIC insurance protection. Open a CD with as little as $500.00 and choose from a wide range of maturities. (see 
for details).
IRAs (Individual Retirement Account)
You want to make your retirement vision a reality. That's why it's important to start planning today. Stockgrowers State Bank can provide you with the opportunity to get your plan in motion. We offer a 24 month variable rate Traditional IRA where annual contributions may qualify for a tax deduction and earn tax-deferred interest. We also offer the 24 month variable rate ROTH IRA which earns tax-free interest. All IRA accounts are separately insured up to the maximum allowed by the FDIC.
(see for details).
CESA (Coverdell Education Savings Account)
With the increasing cost of tuition and college expenses, allow us to help you prepare for your child’s or grandchild’s future. Open a CESA account with as little as $50. Styled similar to an IRA, we offer a 24 month variable rate account earning a higher rate of interest than your typical savings. You may make periodic contributions throughout the year. CESA’s are penalty free and federal income tax free when distributions are taken out for qualified education expenses incurred from Kindergarten through College. See one of our new account / investment representatives for more information.
(see for details).
