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Park State Bank

CDs & IRAs

Man and boy fishing together

REEL IN MORE INTEREST on your savings


At Park State Bank, we’re not just about interest rates; we’re about your interests. We offer a variety of ways to save long term, including higher-interest certificates of deposit (CDs) and individual retirement accounts (IRAs) that help make retirement exactly what you want it to be. 


Use a certificate of deposit as a low-risk savings solution with a fixed interest rate. No monthly service charge, and as little as $1,000 to open. We make it easy to apply for a CD online.




up to $2,499 $2,500-$24,999 $25,000+
3 Months 0.05% APY 0.05% APY 0.25% APY
6 Months 0.05% APY 0.40% APY 0.50% APY
12 Months 0.05% APY 0.50% APY 0.60% APY
24 Months 0.25% APY 0.90% APY 1.10% APY
36 Months 0.35% APY 1.15% APY 1.31% APY
48 Months 0.25% APY 1.27% APY 1.46% APY
60 Months 0.45% APY 1.51% APY 1.61% APY
(APY = Annual Percentage Yield)
Please note: An early withdrawal penalty may apply. 


An IRA can be a low-risk investment for retirement, with several tax advantages. Consult your tax advisor to see if one is right for you.
Features & Benefits:
  • No annual fees, commissions or hidden charges
  • No risk – FDIC insured up to $250,000
  • Tax-deferred earnings – so your money grows faster
  • Trade up – after age 59 1/2, you may trade up to a higher rate once a year
  • Your retirement funds stay local
In most cases, you can't withdraw the money from an IRA without penalty until you reach the age of 59 1/2. CD-funded IRAs offer stable investment opportunities, and all bank IRAs are FDIC insured. 


Have questions about CD's & IRA's? We're here to help! Contact us.