Independent Bank IRA CD Rates

Independent Bank is offering IRA CD products.  There are only three IRA CD terms offered so far and the interest rates and APYs vary depending on your account balance.

IRA CD with $1,000 minimum balance

  • 1 year IRA CD – 1.50%APY
  • 18 month IRA CD – 1.75%APY
  • 3 year IRA CD – 2.20%APY

IRA CD with $100,000 minimum balance

  • 1 year IRA CD – 1.50%APY
  • 18 month IRA CD – 1.75%APY
  • 3 year IRA CD – 2.20%APY

The APYs for an IRA CD with a minimum balance of $1,000 is the same as the APY for an IRA CD with $100,000 minimum balance. The difference however is on the earnings. The higher the minimum balance, the higher the earnings.

Independent Bank is insured with FDIC. It has 12 locations throughout Grayson, Collin and Denton Counties. It also serves the cities of Anna, Celina, Collinsville, Denison, Howe, Little Elm, McKinney, Prosper, Sherman, Van Alstyne and Whitewright. All in Texas.

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