Best IRA CD Rates

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  • Monona State Bank offers IRA certificates with rates that are very competitive. Take a look at how the bank fares with what other bank are offering:

    With $1,000 minimum to open, IRA certificates with the following terms will earn you as much as:

    • 1.30%APY for a 1 year IRA certificate;
    • 1.60%APY for a 2 year IRA certificate;
    • 2.25%APY for a 3 year IRA certificate;
    • 2.60%APY for a 4 year IRA certificate; and
    • 3.10%APY for a 5 year IRA certificate.

    Monona State Bank also offers an 11 month CD special at 1.55%APY that requires $2,500 minimum to open. The bank has 3 locations in Madison, Wisconsin.

    You can compare what Monona State Bank offers with that of Hancock Bank and Golf Savings Bank. Or if you are from Indiana you may be interested in checking out the IRA CD rates in Indiana for February 2010.

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  • The following credit unions are offering special rates on Individual Retirement Accounts. You can make an individual comparison from the list below if you are serious about saving for retirement.

    1. IC Federal Credit Union offers the following IRA Specials:

    • 1 year IRA – 2.03% or 2.05%APY
    • 18 month IRA – 2.27% or 2.30%APY

    2.  Navy Federal offers the following IRA special rates:

    • 1 year IRA – 3.25%APY ($50 minimum deposit)
    • 7 year IRA – 4.10%APY ($1,000 minimum deposit)
    • 30 months IRA – 2.75%APY ($18,000 minimum deposit)

    3. Ohio University Credit Union offers an IRA Certificate Special at 3.50%APY. You pick your term of 50 to 60 months.

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  • Following are the IRA CD rates offered by some banks in Indiana for February 2010. Note that the rates are subject to change. The highest rate is a 60 month IRA CD/5 year IRA at 3.00%APY offered by Garrett Savings Bank and Indiana First Bank.

    1. Terre Haute Savings Bank

    Product Average Percentage Yield Minimum Deposit
    12 month fixed 1.25% $500.00
    18 month variable 1.25% $10.00
    18 month fixed 1.30% $500.00
    24 month fixed 1.40% $500.00
    30 month fixed 1.50% $500.00
    36 month fixed 1.70% $500.00
    48 month fixed 1.85% $500.00
    60 month fixed 2.25% $500.00

    2. Indiana First Bank - http://www.infirstbank.com/home/rates#ira

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