CDs and IRAs
CDs (Certificates of Deposit)
First National Bank offers a wide array of CDs tailored to meet your individual needs. These deposits are insured to the full legal limit by the FDIC. Competitive interest rates paid to you will vary and are based on the term of your investment. Penalties are applied for an early withdrawal.
Minimum balance to earn APY
Special CD and IRA Rates!
- 21 Month CD or IRA - 1.19%APY* - with qualifying DDA or Savings Account
- 21 Month CD or IRA - .91% APY* - without qualifying DDA or Savings Account
- 18 Month IRA or CD - .60% APY*
- 13 Month CD - .50% APY
- 12 Month IRA - .40% APY*
- 3 Month IRA - .25% APY*
Please contact us or visit one of our branches to discuss your CD options.
*APY = Annual Percentage Yield. APY is accurate as of 6/8/2017. Rates subject to change without notice. Call for current rates. Penalty for early withdrawal. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Fees could reduce earnings. The rate may change after account is opened.
Save for your retirement years using these tax favored, high earning, and FDIC insured investment accounts. Traditional and ROTH IRAs are available. Penalties may apply for early withdrawal.
Traditional IRA - Allows you to defer taxes on earnings until they are withdrawn. Some contributions are tax deductible for the tax year for which they are made. If you have earned income and are younger than 70½ through the entire year, this IRA would fit you. You may contribute any amount up to 100% of your compensation or $5,500 (or $6,500 if you are 50 years old or older)--whichever is less. You can withdraw funds without penalty after you reach age 59½.
Roth IRA - Big benefit here is the tax-free distribution -- for purchasing a first home (up to $10,000); anytime after 59½; disability; and death. Available to married couples with modified adjusted gross income of $196,000 or less and singles with a modified adjusted gross income of $133,000 or less. Contributions are not tax deductible. You may contribute $5,500 maximum per year (or $6,500 if you are 50 years or older) between both Roth and the Traditional IRA's.*
If you are interested in opening an IRA, please visit or call one of our nine convenient branches located in Staunton, Maryville, Bethalto, Troy, Hamel, Benld, Holiday Shores, Mt. Olive and Livingston. You can also call us to discuss your IRA options.