Investing

First State Bank offers services for your Investing needs.

Certificates of Deposits

  • $500 minimum deposit to open 
  • Various Terms only for the Certificate of Deposit 
  • Interest rate is fixed for the term of the C.D. and earned interest can be credited directly to your First State Bank transaction account 
  • Auto renewal available 
  • While there is no service charge for maintaining your C.D. there is penalty for early withdrawal

    Build your family safety net

    CD Special

    6 Months

    4.51%

    4.60% APY*

    12 Months

    4.75%

    4.85 APY*

    Money Market Accounts

    Requirements: 

    • Minimum balance to open – $2,500.00

    Benefits: 

    • This is interest bearing checking account with check writing privileges
    • Interest is compounded and credited monthly based upon the following tiers: $0.01 – $2,499.99, $2,500.00 – 24,999.99, $25,000.00 – $99,999.99 and $100,00.00 and over

    Cost: 

    • No monthly service charge when daily balance is above $1,500.00.
    • If daily balance falls below $1,500.00, a service fee of $15.00 will be imposed.

    Limitations: 

    • You may make 6 transfers from your account each mothly cycle.

    Individual Retirement Account

    It’s never too early to start planning for your retirement. With a long-term investment program, every year make a tremendous difference. Interest begins to accure immediately and is compounded and credited to your account quarterly.

    • $500 minimum deposit to open
    • 1 year terms
    • Traditional and Roth IRA’s available
    • Early withdrawal limitations may apply

    With regard to IRA’s, penalty free withdrawals are allowed within 7 business days of account opening. The early withdrawal penalty is 30 days of interest.

    Investment Rates

    Items Interest Rates APY*
    NOW 0.02 0.02
    SUPER NOW 0.04 0.04
    Money Market:
    $0-$2,499.99 0.02 0.02
    $2,500-$24,999.99 0.03 0.03
    $25,000-$99,999.00 0.08 0.08
    $100,000 and above 0.10 0.10
    Savings 0.045 0.045

    Your interest rate and annual percentage yield may change after the account is opened.
    Fees could reduce the earnings on the account
    A Penalty may be imposed for withdrawals before maturity.

    Certificates of Deposits Regular APY*
    90 to 179 Days 0.04 0.04
    180 to 364 Days 0.075 0.075
    1 Year 0.06 0.06
    2 Years 0.06 0.06
    6-month special 4.75 4.85
    12-month special 5.00 5.12
    Certificates of Deposits: Jumbo APY*
    90 to 179 Days 0.05 0.05
    180 to 364 Days 0.10 0.10
    1 Year 0.15 0.15
    2 Years 0.20 0.20
    6-month special (new money only) 4.75 4.85
    12-month special (new money only) 5.00 5.12
    Please call for other “Specials”

    Your interest rate and annual percentage yield* may change after the account is opened.
    Fees could reduce the earnings on the account. Jumbo C.D.’s require at least $100,000.
    Minimum opening balance for Certificates of Deposits is $500.00.
    A Penalty may be imposed for withdrawals before maturity.
    Rates subject to change without notice.