In the search for competitive bank IRA CD rates in Wisconsin, one opportunity can be found at American Bank.  American Bank is a Wisconsin based bank that is locally owned and operated.  The bank has five bank branch locations southeastern Wisconsin located in Fond du Lac, Brownsville, Mayville, Omro, and Princeton.

American Bank offers a wide selection of consumer deposit and loan products along with the IRA CDs.  Deposit products include certificates of deposit, savings accounts, money market accounts and checking accounts while lending products include mortgages, auto loans, debt consolidation loans and personal loans.

American Bank offers bank CDs that can be held in Traditional IRA, Roth IRA and Coverdell Education Savings Accounts.  The bank IRA CDs comes in terms of 1 month to 3 years.  The rate of interest paid on the Wisconsin IRA CDs, the annual percentage yield and maturity date on the account is provided to you at the time of opening the IRA.

Current bank IRA CD rates in Wisconsin offered by American Bank include:

6 month bank CD IRA rate is 1.40% 
1 year IRA CD rate is 1.65% 
18 month IRA CD interest rate is 1.75% 
2 year Wisconsin IRA CD rate is 2.20% 
3 year bank IRA CD rate in Wisconsin is 2.50% 

CD rates and IRA CD rates are subject to change and additional conditions may apply to open these accounts.  To earn the listed Annual Percentage Yield (APY) the interest must be held in the certificate.  Early withdrawals from the certificates will reduce the earnings and a penalty may be imposed for early withdrawal from both the standard CDs and the IRA CDs.

When investing in bank IRA certificates of deposit, investors should consult their tax advisor for specific IRA qualifications and tax deductibility.

For additional information on the bank products and bank rates including opening an IRA CD and the current bank IRA CD rates, an American Bank representative can be reached at 920-922-9292.

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