Money Market Account

The minimum balance to open this account is $2,500.00. A below minimum balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below an average of $2,500 per month. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Your interest rate and annual percentage yield may change. We may change the interest rate on your account at any time. There is a $10.00 fee per debit if over 6 debits per month. For more information please contact a customer service representative at 641-932-2144.


Certificate of Deposit

We offer a variety of certificate of deposits. The minimum balance to open CD’s is $1,000. A penalty will be imposed for early withdrawal of CD’s. Fees could reduce the earnings on the account. Interest will be compounded semi-annually. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. CD terms are as follows:

6 month

12 month

18 month

24 month

36 month

48 month

60 month

For more information please contact a customer service representative at 641-932-2144.

Certificate of Deposit Calculator

CD Ladder Calculator

IRA

Our IRA’s are all invested into Certificate of deposits. You must deposit $50 to open this account. Interest will be compounded semi-annually. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. A penalty for early withdrawal will apply. For more information contact a customer service representative at 641-932-2144.

Traditional IRA Calculator

Roth IRA Calculator

Roth Conversion Calculator