Securant Personal Banking

Personal CDs, Time Accounts and IRAs

Securant Bank & Trust provides safe and flexible ways to grow your money!             Contact a banker today


Certificates of Deposit (CD)**18 Month Variable AccountIndividual Retirement Arrangement (IRA)
Minimum to Open

3 or 6 months                $2,500.00

1 year or over                $1,000.00 

$1,000.00     $100.00
TermFrom 3 months to 4 years18 months18 months

Interest *

(see rate sheet) 

Simple interest accrues daily on collected balances. Paid quarterly, semi-annually or annually.Simple interest accrues daily on collected balances and paid monthly. Simple interest accrues daily on collected balances and paid monthly.
Early Withdrawal Penalties

91 days of less                            Loss of all interest earned

92 to 364 days                                 3 months of interest

1-4 years                                          6 months of interest 

The greater of $25.00, 3 months interest earned or 50% of interest that would have been earned from date of withdrawal to maturity date on amount withdrawn.The greater of $25.00, 3 months interest earned or 50% of interest that would have been earned from date of withdrawal to maturity date on amount withdrawn.
Requirements or Other Restrictions No deposits. Withdrawals prior to maturity subject to penaltyUnlimited deposits. Withdrawals prior to maturity subject to penaltyUnlimited deposits. Withdrawals prior to maturity subject to penalty

Effective July, 2012 rev 1-17

*Annual Percentage Yields (APY), interest rates and terms are variable, subject to change and available in the Investment Rates brochure.

**IRA's can be opened as Certificate of Deposits

Certificate of Deposits (CD)

  • CDs provide a fixed rate of return on your deposit.
  • We may impose a penalty for early withdrawal. Early withdrawal will reduce earnings.
  • At maturity, CDs are automatically renewed at current market rates, unless the client otherwise notifies the bank. 

18 Month Variable Account

  • Interest rate indexed to 91 Day T-Bill Discount Rate* plus 50 basis points (*Rate used is the rate established at auction on the Third Monday of the prior month as published in The Wall Street Journal).
  • We may impose a penalty for early withdrawal. Early withdrawal will reduce earnings.
  • At maturity, the account is automatically renewed, unless the client otherwise notifies the bank.

Individual Retirement Arrangement (IRA)

  • Securant Bank offers you the option of a Traditional IRA or a Roth IRA. Certain eligibility requirements apply. Consult your tax advisor for details.
  • We may impose a penalty for early withdrawal. Early withdrawal will reduce earnings.
  • At maturity, the account is automatically renewed at current market rates, unless the client otherwise notifies the bank.
  • Retirement accounts are separately insured by the FDIC.