Individual Retirement Accounts

A great way to save for retirement is with our Individual Retirement Account Certificates of Deposit.

Providing safety and a very competitive interest rate, Great State Bank offers IRA Certificates of Deposit with a variety of maturity terms. IRA CDs have a specific, fixed term (starting with 31 days and going to five years). IRA CD's have fixed interest rates, which reflect the initial maturity term chosen. Once the initial rate is established, it does not change over the term of the CD. An IRA CD account may be opened with a minimum balance of $1,000.

Interest compounds daily and is credited monthly unless customer requests a different payment method.

Penalties for early withdrawals may apply. In order to avoid an early withdrawal penalty and to receive full interest, an IRA CD must be held until maturity. Unlike savings and money market accounts, additional funds cannot be added to an IRA CD.


Withdrawal Limitations apply. See a Customer Service Representative for details.