Secure Savings for Peace of Mind
Not every savings or investment product is worth the wait or the risk. However, a certificate of deposit from State Bank of Herscher ensures that your investment today will grow over time while also being protected to the maximum limit by the FDIC.
It’s guaranteed growth with greater peace of mind!
Certificates of Deposit (CDs)
Grow your savings with confidence through our range of Certificates of Deposit. We offer flexible terms and competitive rates—perfect for both short-term goals and long-term plans. Our team is here to help you choose the CD that’s right for you.
For the latest rates and terms, contact your local State Bank of Herscher banker.
Early withdrawal penalties may apply to all Certificates of Deposit.
IRAs at State Bank of Herscher
An Individual Retirement Account (IRA) allows you to save money for retirement in a tax-advantaged way.
Plan for your future with confidence—either through tax-deferred growth or tax-free withdrawals, depending on the type you choose.
We offer two main options: Traditional IRAs for potential tax deductions now, and Roth IRAs for tax-free withdrawals later. Each has unique benefits to fit your retirement goals.
| Account | Account Details |
|---|---|
Traditional IRA | You make contributions with money you may be able to deduct on your tax return and any earnings can potentially grow tax-deferred until you withdraw them in retirement. Many retirees also find themselves in a lower tax bracket than they were in pre-retirement, so the tax-deferral means the money may be taxed at a lower rate. |
Roth IRA | You make contributions with money you’ve already paid taxes on (after-tax) and your money may potentially grow tax-free, with tax-free withdrawals in retirement, provided that certain conditions are met. |
Visit State Bank of Herscher in Herscher or Limestone today to open your CD account!
Future Value Calculator
Use this calculator to determine tomorrow’s value of today’s investment.
