CDs & IRAs
Certificates of Deposit
If you’re looking for an investment that offers you a highly competitive interest rate, consider a Corn Growers State Bank Certificate of Deposit (CD) account. You can select the maturity that best matches your needs and you’ll have the peace of mind of FDIC Insurance. For your convenience, our CDs are automatically renewable, making reinvestment quick and easy. $500.00 minimum opening deposit required.
The traditional IRA became available to encourage people to save for retirement and to provide for beneficiaries upon death. If deferring taxes on part of your income is your tax strategy, a Traditional IRA may be for you. Traditional IRA distributions may be free from IRS imposed penalties after age 59 ½.
Consult your tax advisor.