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

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