Garrett State Bank Individual Retirement Account (IRA) Rates

Garrett State Bank, which has been in the banking business since 1893, is currently offering Individual Retirement Accounts requiring $500 minimum opening deposit. The IRA rates offered by the bank are very competitive with terms designed to fit every individual’s need.

The 6 IRA terms offered are:

  • 60 month IRA CD – 3.05%APY
  • 48 month IRA CD – 2.80%APY
  • 36 month IRA CD – 2.75%APY
  • 24 month IRA CD – 2.05%APY
  • 12 month IRA CD – 1.40%APY

Garrette State Bank also offers an 18 month Variable Rate IRA CD at 2.75%APY that only requires $100 minimum opening deposit. You can make additional deposits of as little as $10 during the term of this account.

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