Individual Retirement Account (IRA)
First State Bank offers a variety of terms with competitive rates, take advantage of the Traditional, Roth, SEP or Simple Individual Retirement Accounts.
What you need
$100 minimum deposit to open
What you get
No annual fees*
Variable interest rate tiered to the First State Bank 36 month CD rate (compounds semiannually)
Adjusted quarterly on the 15th of the month in January, April, July and October
*An early withdrawal fee applies if under age 59 1/2
Contact one of our Personal Bankers for current interest rates and to get started today.
Roth IRA vs. Traditional IRA Calculator
An IRA can be an effective retirement tool. There are two basic types of Individual Retirement Accounts (IRA): the Roth IRA and the traditional IRA. Use this tool to determine which IRA may be right for you. Please note, that this calculator should not be used for Roth 401(k) comparisons.