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Midwest Bank, a federally insured bank based in Minnesota, is offering IRA Certificates of Deposit. The rates offered are quite competitive with terms from 12 months to 60 months.
Opening an IRA CD account requires a minimum opening deposit of at least $1,000. You must also maintain the same amount as your minimum daily balance to obtain the APY.
The offered IRA CD rates are:
- IRA 12 month CD – 2.00%APY
- IRA 24 month CD – 2.25%APY
- IRA 36 month CD – 2.70%APY
- IRA 48 month CD – 3.10%APY
- IRA 60 month CD – 3.35%APY
Avoid making early withdrawals to avoid paying penalty.
Midwest Bank IRA CD rates effective January 05, 2010:
- IRA 12 month CD – 1.45%APY
- IRA 24 month CD – 1.85%APY
- IRA 36 month CD – 2.20%APY
- IRA 48 month CD – 2.85%APY
- IRA 60 month CD – 3.20%APY



