IRA CD Rates in Indiana February 2010

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


Product Average Percentage Yield Minimum Deposit
6 month IRA 1.00% $100.00
1 year IRA 1.25% $100.00
2 year IRA 1.75% $100.00
3 year IRA 2.25% $100.00
4 year IRA 2.50% $100.00
5 year IRA 3.00% $100.00

3. Citizens Bank – http://www.citizens-banking.com/site/rates.html#ira

Product Average Percentage Yield Minimum Deposit
6 months fixed .50% $100.00
12 months fixed .75% $100.00
24 months fixed 1.10% $100.00
30 months fixed 1.41% $100.00
36 months fixed 1.76% $100.00
60 months fixed 2.78% $500.00

4. Garrett State Bank – http://www.garrettstatebank.com/2193/mirror/rates.htm

Garrett State Bank IRA CD rates below are current as of February 3, 2010.

Product Average Percentage Yield Minimum Deposit
60 month IRA CD 3.00% $500.00
48 month IRA CD 2.61% $500.00
36 month IRA CD 2.20% $500.00
24 month IRA CD 1.70% $500.00
12 month IRA CD .95% $500.00
18 month Variable IRA CD 2.10% $100.00

5. Salin Bank – http://www.salin.com/IRASavings.aspx

Salin Bank IRA rates below are effective as of June 8, 2009 and are subject to change.

Product Average Percentage Yield Minimum Deposit
60 month fixed IRA 2.84% $1,500.00
48 month fixed IRA 2.27% $1,500.00
36 month fixed IRA 1.76% $1,500.00
12 month fixed IRA .95% $500.00

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