TrustBank is a relatively small bank based in Illinois with operations in downstate Illinois and in Arizona. The bank currently operates four bank branch locations but also conducts online banking and telephone banking. Among the various consumer products offered by TrustBank are competitive bank IRA CD rates in Illinois and Arizona.
TrustBank is a full service financial institution offering both business and consumer bank products and services. TrustBank has been serving their community and their customers for almost 100 years.
TrustBank provides a wide variety of products and services including checking, savings, money market accounts; certificate of deposits; individual retirement accounts, residential, commercial and mortgage loans.
TrustBank certificate of deposit rates are fixed term CDs that are predominantly fixed interest rate however, the bank also offers a CD that has a variable rate with a fixed term. TrustBank offers CD terms that range from 91 days to five years. The bank IRA CDs range from 182 days to five years.
The CD interest rates are based upon the CD term to maturity with the interest rate guaranteed through the maturity date for the fixed rate product. There is only a $50.00 minimum deposit requirement to open the bank IRA CDs.
The highest CD interest rate on the IRA CDs in Illinois and Arizona reaches 2.60%. Current IRA CD rates in Illinois and Arizona offered by TrustBank include the following terms and CD rates:
182 day IRA CD rate is 0.70%
18 month bank IRA CD rate 1.40%
18 month IRA rate for a Variable rate CD is at 1.40%
24 month IRA CD rate 1.50%
48 month bank IRA CD rate 2.25%
60 month IRA CD interest rate 2.60%
All of these bank rates were posted on December 21, 2010 and are subject to change without notice. The annual percentage yield for all CD rates in Illinois and Arizona assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Early withdrawals may be subject to penalties on IRA CDs.
Check out additional CD rates by term at 6 Month CD Rates, 1 Year CD Rates, 2 Year CD Rates and 5 Year CD Rates, as well high interest rates on savings accounts and money market accounts at Savings Account Rates and Money Market Account Rates.
To see all TrustBank locations see TrustBank Locations
To obtain the best IRA CD rates in Florida, comparing and shopping different bank rates will assure that highest yielding opportunity is found. One of Florida financial institution offering above average IRA CD rates is Commerce National Bank & Trust based in Winter Park, Florida.
Placing funds in an Individual Retirement Account or IRA with a bank is one means of diversifying a retirement investment portfolio. An IRA is a personal, tax deferred account for single individuals, married couples and their spouses. An IRA can be established most any bank, mutual fund, broker and other financial institutions. Bank IRA CDs are one of the safest investments for an Individual Retirement Account.
Commerce National Bank & Trust is a locally owned community bank that serves Central Florida businesses, professionals, and residents. Commerce National Bank & Trust offers a wide array of consumer savings and investment products. Among the consumer savings products offered, Commerce National Bank & Trust offers interest bearing checking accounts, savings accounts, money market accounts, certificates of deposit and IRA CDs.
Commerce National Bank & Trust offers a variety of terms and competitive interest rates on their bank CDs and IRA CDs. The following terms and IRA CD rates in Florida are offered by Commerce National Bank & Trust as of October 29, 2010.
6 month bank IRA CD rate is at 1.26%.
1 year IRA CD rate is also at 1.26%.
18 month IRA CD interest rate is 1.51%.
2 year bank IRA C rate 1.76%.
3 year bank CD IRA interest rate 2.02%.
4 year IRA CD rate is 2.27%.
5 year term Florida IRA CD rate 2.27%.
Bank fees could reduce earnings. A penalty may be imposed by the bank for early withdrawal penalty if the IRA CD is not held for the full term. The Florida IRA CD rates listed are subject to change at any time prior to account opening.
When selecting an IRA CD it’s important to shop and compare bank rate to ensure you are getting the best rate possible. However, this doesn’t mean that you should simply search for the highest IRA CD rates and then purchase and hold them forever.
For current CD rates and IRA CD rate information from Commerce National Bank & Trust, a bank representative can be reached directly at 407-622-8181.
For more information on the best CD rates by term refer to the following pages; 6 month CD rates, 1 year CD rates, 2 year CD rates and 5 year CD rates. For more information on Roth IRA accounts refer to Roth IRA Accounts.
Salin Bank is an Indiana based bank headquartered in Indianapolis, Indiana. Salin Bank provides various banking and financial services in the Indianapolis region. Salin Bank operates 24 bank branch offices in 10 Indiana counties. Currently, Salin bank is the 18th largest bank based in Indiana ranked by total assets.
Deposits and savings products offered by the bank include; interest bearing checking accounts, savings accounts, money market accounts, certificates of deposit, IRA CDs, Roth IRA CDs, educational IRA CDs and Health Savings accounts.
The bank CDs earn a fixed interest rate that offers a predictable rate of return and FDIC security. Salin Bank has a wide range of CDs to choose from. The bank CDs come with several different maturities and interest rates for both the traditional CDs and IRA CDs.
The fixed interest rate IRAs allow account holders to lock in the interest rates for the full term of the CD. The standard bank IRA CDs require a minimum deposit of $1,500.00. Education IRA CDs require a deposit of just $500.00.
Current Bank IRA CD rates offered by Salin Bank include:
1 year fixed bank CD IRA rate is 0.60%
3 year fixed IRA CD rate 1.36%
4 year fixed interest rate bank IRA CD 1.76%
5 year fixed IRA CD rate is 2.23%
1 year Education IRA CD has an interest rate of 0.60%
5 year Education IRA CD rate is 2.23%
The bank IRA CD rates are current as of September 1, 2010 but are subject to change at any time. All bank IRA CDs require bank approval, additional conditions may apply.
For current bank CD rates, a Salin Bank representative can be reached at 800-320-7536.
For more information Salin Bank Roth IRA CDs refer to Roth IRA CD at Selectcdrates.com.
Bank IRA CDs offer safety, security and diversification. OneWest Bank in California offers IRA CDs along with a number of other savings options for consumers including, checking accounts, money market accounts, traditional certificates of deposit and savings account at competitive interest rates.
OneWest offers individuals a variety of flexible, high yield FDIC insured certificate of deposit accounts. OneWest Bank offers the traditional bank CDs as well as CDs that can be held in IRA accounts including traditional Individual Retirement Accounts (IRAs), RothIRAs, Rollover IRAs, SEP and Keogh accounts.
OneWest Bank IRA CDs can be opened within the bank branch, through the bank’s call center as well as with online banking. The bank IRA CDs are available in terms or maturities ranging between 31 days to 5 years with a minimum opening deposit requirement of $1,000.00.
The bank IRA CDs are fixed interest rate accounts. The CD interest rate and Annual Percentage Yield (APY) will remain constant for the term of the bank CD account. The bank IRA CD interest rate is based on the term and corresponding balance at the time the account is opened or at the time of renewal for renewing bank IRA CDs.
The bank CD interest earned is compound daily at the CD rate in effect for the balance at the end of each day. OneWest Bank uses the daily balance method to calculate the interest on the bank CD accounts. This method applies a daily periodic interest rate to the balance in the account at the end of each day. The interest on certificates of deposit is credited monthly or quarterly and at maturity on a 365/365 basis.
Interest begins to accrue on the business day the deposit is made into the bank CD account. Additional deposits can be made into the IRA CDs that have a term of 2 years or less after the bank CD is opened or renewed.
Current OneWest Bank IRA CD rates:
3 month bank IRA CD rate is 0.70%
4 month IRA CD rate 1.00%
6 month OneWest Bank IRA CD rate 1.10%
9 month bank IRA CD rate 1.25%
1 year IRA CD rate 1.30%
13 month OneWest Bank IRA CD rate is 1.35%
18 month bank IRA CD rate 1.45%
2 year IRA CD rate 1.65%
3 year bank IRA CD rate 1.75%
4 year OneWest Bank IRA CD rate 2.05%
5 year IRA CD rate 2.50%
The bank CD IRA Annual Percentage Yields (APY) are effective as of 08/27/2010 and are subject to change. For current bank CD rates as well as additional bank account information, the OneWest Bank call center can be reached at 800-750-8521.
Winchester Savings Bank offers several options to obtain very competitive IRA CD rates in Massachusetts. Winchester Savings Bank has IRA CDs ranging from 1 year maturities to 7 year maturities for fixed rate CDs and also offers variable rate IRA certificates.
Winchester Savings Bank provides customers in MA with a variety of savings and investment products including the bank IRA CDs. In addition to the IRA certificates, Winchester Savings Bank has competitive rates on savings accounts, money market accounts, and standard bank CDs.
Winchester Savings Bank is located in Winchester, MA and is the 55th largest bank in the Bay State.
In order to obtain the best rates on the IRA CDs, the longest term bank CDs need to be held. However, the midterm IRA CDs with Winchester Savings Bank offers above average yields. All of the IRA CDs require a minimum deposit $500.00 with exception of the variable rate bank CD which requires just $10.00 to open the account.
Current bank IRA CD rates in Massachsuetts with the terms offered by the bank include:
1 year bank IRA CD rate is 1.10%
18 month IRA CD rate is 1.25%
2 year CD rate is 2.00%
3 year bank IRA CD rate is 2.25%
5 year certificate yields 2.60%
7 year IRA certificate is 2.70%
The variable rate retirement account is currently at 0.25%
The APY’s listed assume that the principal of the CD and the interest earned will remain on deposit until maturity. There may be a penalty for early withdrawals on the certificates of deposit.
MA CD rates offered by Winchester Savings Bank are current as of this publication date but are not guaranteed. CD rates are subject to change and additional conditions may apply to open these accounts.
For current CD rates in MA as well as IRA CD rates, Winchester Savings Bank can be reached at 1-800-972-1871.
To find more information on CD rates in Massachusetts refer to the MA CD rates section of Selectcdrates.com.
RBC Bank offers FDIC insured CD accounts as standard bank CDs, jumbo CDs and bank IRA CDs. If you are looking for the best bank IRA CD rates in the market area served by RBC Bank, they are certainly competitive with the largest US Banks.
RBC Bank fixed bank IRA CD funds offer a guaranteed fixed interest rate until the CD matures with the safety and security of FDIC insurance. With bank IRA CDs, account holders have the potential to grow their nest egg and save on taxes when the funds are held in an Individual Retirement Account.
RBC Bank offers a variety of CDs to choose from. Bank CDs can be short term, running as short as seven days with the bank and can have either fixed interest rates or variable interest rates. The bank CDs allow the account holder to choose their term, and when it expires there is the option to renew the CD investment at the current interest rates, cash out the account, or transfer the funds to another investment or bank savings account.
A sample of the current IRA CD rates and rate updates from RBC Bank include the following rates and terms:
15 month IRA CD rate is 1.20%
25 month CD interest rate 1.70%
2 year IRA CD rate 2.20%
5 year bank IRA CD rate is 2.60%
All of the promotional bank CDs require a minimum deposit of $5,000.00. These RBC Bank CDs are available as IRA CDs or standard CDs.
RBC Bank also offers additional promotional CD interest rates to clients with an RBC Bank personal checking account as well as a variety of other CD rates and terms.
Always compare the savings account, money market accounts, CD rates and IRA CD rates with multiple banks, so you can find the highest rates.
RBC Bank is based in Raleigh, N.C. RBC Bank serves the states of North Carolina, South Carolina, Virginia, Georgia, Florida and Alabama. The bank has more than 420 banking centers in the six states.
CD rates are accurate as of the date of this publication but are subject to change. All RBC Bank CDs and rates require bank approval. For current CD rates or additional account information, a bank representative can be reached at 800-236-8872.
Monroe Bank and Trust offers a wide range of savings products including certificates of deposit and certificates of deposit that can be placed in IRA accounts. Monroe Bank and Trust is a Michigan based bank headquartered in Monroe, Michigan. The bank CD rates and IRA CDs are available in the region served by Monroe Bank and Trust.
Monroe Bank and Trust is one of the largest community banks in Southeast Michigan. Along with the IRA CD accounts the bank offers a complete range of business and personal accounts, loan options, and phone and online banking services, retirement planning and investment management.
Monroe Bank and Trust has a variety of retirement plans, bank CD accounts and CD rates in Michigan to choose from. The bank offers Simple IRAs, Traditional, Roth, Simplified Employee Pension IRAs (SEP), and Educational IRAs.
The bank IRAs offer high yield, tax-deferred earnings. The accounts are available with fixed or variable rate bank CD accounts. The CD interest is compounded daily and credited to the certificates monthly.
There is no minimum deposit requirement to open the bank IRA CDs in Michigan. Current bank IRA CD rates in Michigan include the following accounts, terms and rates.
Standard IRA CD rates and terms:
9 month bank IRA CD rate fixed is 1.01%
18 month IRA CD rate fixed 1.01%
18 month variable IRA CD rate 0.75%
3 year fixed IRA CD rate in MI 2.50%
3 year variable IRA CD in MI 1.75%
4 year fixed bank IRA CD rate 2.75%
5 year fixed MI IRA CD rate is 3.00%
Roth IRA CD rates and terms:
9 month Roth IRA CD rate fixed 1.01%
30 month Roth IRA CD rate fixed 2.25%
30 month Roth CD variable 1.50%
48 month Roth CD fixed 2.75%
5 year Roth IRA fixed rate is 3.00%
Educational IRA CD rates and terms:
18 month Education IRA CD rate fixed is 1.01%
18 month Education variable rate CD 0.75%
3 year Education CD fixed 2.50%
3 year Educational CD variable 1.75%
4 year Education bank IRA CD fixed 2.75%
Michigan bank CD rates from Monroe Bank and Trust displayed may change at the bank’s discretion at any time and without advance notice. There may be a penalty imposed for early withdrawal on the bank IRA CDs. Additional conditions may apply.
For current CD rates and IRA CD rates in Michigan the bank can be contacted directly at 800-321-0032.
For more bank rates in Michigan see Michigan CD rates.
Chase Bank CD rates and Chase Bank IRA CD rates are based on the geographic region of the account holder. Some regions in which Chase Bank operates have slightly different CD rates including bank IRA CD rates than others however the differences are generally very modest.
Chase Bank is one of the largest banks in the nation, in fact, based on assets it is the largest U.S. based bank. When comparing the best CD rates, being the biggest bank doesn’t generally translate into the biggest CD rates. Some of the largest banks in the US offer very low and uncompetitive CD rates. Chase CD rates are not often among the top rates available nationally but the bank specials are competitive.
When reviewing the best bank IRA CD rates, it is important to remember these are not standard CDs because of the tax implications that are set up with them. Often, banks offer slightly higher interest rates on the IRA CDs since these customers are lees likely to switch accounts as the CD matures as compared to standard CD account holders.
At the present time, Chase Bank has several options shown on their website for Chase bank IRA CD rates. Chase Bank IRA CD rates are the same whether the account is established as an IRA or a standard bank CD.
The following CD rates are for accounts based in Illinois in the Chicago metropolitan region. The current Chase IRA CD rate specials available include:
13 month Chase CD rate is 1.01%
30 month CD interest rate is 1.50%
3 year bank CD rate is 2.00%
4 year bank rate is 2.25%
5 year Chase Bank CD rate is 2.75%
The above listed yields require a qualified Chase checking account and a minimum deposit of $10,000.00. For consumers that view the Chase CD rates online, the CD rate special are significantly higher than the bank standard CD rates and the CD rate specials apply to IRA accounts with the exception of terms less than 1 year.
Bank IRA CD rates are current as of this publication date but a re subject to change at the bank’s discretion. Additional conditions may apply to open these accounts. For current bank account information and Chase IRA CD rates, Chase customer service can be reached at 877-682-4273.
To compare Chase standard certificate of deposit rates see Chase CD rates section on this site.
EVB is a Virginia based bank that operates primarily in eastern Virginia. The bank has 25 branch locations serving the Eastern Virginia region.
EVB is an independent, full-service community bank that offers a wide range of financial products and services for personal and business banking customers including bank CDs and IRA CDs.
The bank CDs and IRA CDs are backed by the Federal Deposit Insurance Corporation (FDIC). With CDs and bank IRA CDs, the account holder can look forward to guaranteed yields when the account matures.
Certificates of deposit generally provide customers with higher rates of interest for funds left on deposit for a specific length of time which provides a fixed rate of return on predetermined time frame with the safety and security of FDIC insurance. IRA CDs provide the same features within a retirement account.
EVB offers a variety of CD terms, ranging from 90 days to 5 years, the IRA CDs are available for terms ranging from 1 year to 5 years. All bank IRA CDs require a minumum $500.00 deposit. The current IRA CD rates and terms offered by the bank include:
1 year EVB IRA CD rate is 0.95%
13-23 month bank IRA CD rate in VA is 1.00%
2 year IRA CD interest rate 1.35%
3 year bank IRA rate is 2.00%
4 year CD IRA rate 2.25%
5 year EVB VA IRA CD rate is 2.50%
The listed IRA CD rates in Virginia from EVB bank are current as of this publication date but are subject to change. All bank CDs including IRA CDs require bank approval and additional conditions apply.
For current bank IRA CD rates in VA or more account information, a EVB customer service representative can be reached at 888-464- 2265 or 804-443-4333.
For more Virginia CD rates see the page on the website CD rates Virginia.
USAA Bank markets IRA CD accounts with very competitive interest rates. USAA is a financial institution that has a foundation based on serving military personnel and their families and has membership eligibility requirements for many of its services. However, most of the financial services offered by USAA Bank are not subject the membership requirements and are open to the public; this includes the bank CDs and IRA CDs.
The USAA IRA CDs are issued by USAA Federal Savings Bank which is an FDIC insured Texas based bank.
The bank IRA CD rates are available on CDs ranging in terms from 1 year to 7 years. Savers and investors interested in the highest IRA CD interest rates will have to go for the longer terms. The highest bank IRA CD rate offered by USAA Bank is on the 7 year term CD with a 3.55% APY.
The minimum initial deposit and minimum balance fro the IRA CDs is $250.00. The bank alos offers jumbo IRA CDs with deposist of $95,000.00 or larger and super jumbo IRA CDS for deposits of $175,000 or greater.
Current IRA CD rates offered by USAA for standard deposit amounts includes:
1 year USAA IRA CD rate of 1.06%
2 year IRA CD rate at 1.74%
3 year bank IRA CD rate of 2.34%
4 year IRA CD interest rate 2.60%
5 year bank IRA CD rate 3.00%
7 year USAA IRA CD rate 3.55%
IRA CD rates listed are current as of this publication date, May 26, 2010 but are subject to change. Additional conditions may apply to open the bank CDs.
Individuals can apply online at USAA.com or over the phone at 1-800-531-8722 to open these accounts.
USAA also offers checking, savings, standard bank CDs, credit cards, loans, investments, college funds, retirement accounts, and investment accounts. For information on the standard USAA CDs and USAA CD rates go to USAA CD on this site. To see USAA jumbo CD rates visit jumbo CD rates on this site.