FDIC-Insured – Backed by the full faith and credit of the U.S. Government
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Retirement Accounts
Save Tax dollars while directing your money towards your future retirement with a First State Bank’s Individual Retirement Account (IRA’s).
First State Bank offers Traditional, Roth, and the Coverdell Savings Plan. Individual Retirement Accounts terms offered are 12 months, through 60 months.
No Minimum Balance Requirement to open any IRA at First State Bank and it is automatically renewable at maturity. In addition, First State Bank’s IRA’s earn competitive rates. Benefits are paid upon retirement, permanent disability or upon death.
Other Advantages to IRA’s include:
No Fees or Commissions
Check with a Customer Service Representative or a Tax Advisor for tax deduction eligibility and contribution limits
All Retirement Accounts are insured by FDIC up to $250,000, separately from other funds
Flexible contributions or payroll deduction plans are available
Interest Compounds Quarterly to insure a market rate of return
Principal and Interest are non-taxable until withdrawn on traditional IRA’s
Start your retirement savings today.
Stop by any of First State Bank Branch locations to visit with a Professional Customer Representative to start an Individual Retirement Account.
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