View CD IRA Chart
|Type of Plan||Time CD for IRA||Marketplus IRA|
|Recommended if you want...||A great fixed rate with your choice of terms||An account that rewards you with a higher interest rate for contributing at least $2,000 in a 12-month period|
|Minimum Opening Deposit||$1,000||$100|
|Term||Terms from 6 months to 5 years||12 months|
|Interest Rate||Fixed rate based on the term of the certificate||Variable rate; Compounded daily*; Paid quarterly|
|Withdrawals||Substantial IRS penalty for early withdrawal from an IRA; Substantial bank penalty for early withdrawal||Substantial IRS penalty for early withdrawal from an IRA|
|Types of IRAs funded||Traditional IRA, Roth IRA, Education IRA||Traditional IRA, Roth IRA|
|Unique Features||CDs with opening deposit of more than $100,000 are available with higher rates||Make additional deposits at any time; Higher balances earn higher rates; As soon as you achieve a contribution level of $2,000 during a 12-month period, you earn the highest interest rate for the next 12 months (normally paid to accounts with balances of at least $50,000)|
Call us today at 800-727-4743, or contact your local Nevada State Bank branch Relationship Manager to find out how our Personal Banking Services can benefit you.
*Interest is calculated on the collected balance, which is book balance minus float.