Personal Banking Services

CDs and IRAs

Securant Bank & Trust® offers many Certificates of Deposits designed to help you achieve your savings and investment goals.

An Individual Retirement Account (IRA) is a safe way to earn tax-deferred growth on a retirement investment. An Securant Bank & Trust IRA assures maximum tax-deferred earnings now and provides an extra measure of comfort during your retirement. Choosing the correct IRA is an important decision.  You also have the option of a Traditional, Roth or Educational IRA.  Retirement accounts are separately insured by the FDIC.

We also offer other investment products, such as U.S. Savings Bonds, Commercial Paper, Treasury Bills and Treasury Notes, to round out your portfolio.

RatesDisclosures

Certificates of Deposits

For clients who have excess funds, and do not see an immediate need for those funds in the near, or not so near, future. CDs provide a fixed rate of return on your investment.

18 Month Account

Individual Retirement Accounts (IRA)

For the client who has earned income, and is under age 70 ½.

Traditional IRA

The Traditional IRA allows you to defer taxes on your earnings until they are withdrawn from the account. Also, certain contributions are tax deductible in the tax year for which they are made.

Roth IRA

The Roth IRA is a non-deductible account that features tax-free withdrawals for certain distribution reasons after a five-year holding period. Since contributions to a Roth IRA are non-deductible and taxed in the year they are earned, people who expect to be in a higher tax bracket when they retire may benefit more from a Roth IRA than a Traditional IRA.

Coverdell Education Savings Accounts (CESA)

You may save tax-free for your children or grandchildren's education by contributing up to $2,000 per year to an CESA for each child. After age 18, the funds can be withdrawn tax- and penalty-free if used for the child's qualified education expenses.