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IRA's

 

Business Checking
Certificates of Deposit
IRA's
Money Market Account
N.O.W. Account
Regular Checking Account
Savings Account
Super N.O.W. Account

We offer traditional IRA’s, Roth IRA’s, and SEP’s.  IRA’s are an excellent savings tool for young people and the young at heart, and we offer both a fixed rate and variable rate IRA product.  Unlike the stock market, they provide a reliable return and are FDIC insured up to $250,000.  It is a safe, secure way to defer income taxes.

Benefits:

Reliable, safe return compared to the stock market
Interest compounded daily
Interest credited to the account every quarter
Automatically renewable time account
FDIC Insured up to $250,000.00
Reliable return

Requirements:

Minimum deposit $100.00
There are maximum annual contribution amounts set by the IRS
Time requirement (rate of return) comparable to eighteen month CD
Must have earned income and be under 70 ½ years of age

Cost:

Penalties charged for early withdrawal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                 

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Muenster State Bank


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