Hometown CD's & IRA's

Invest in your future, yourself and your community. With our home town advantage, you’ll get great rates and a leg up on retirement.

See current rates.

Certificates of Deposit

Individual Retirement Accounts

Regular IRA

  • $1,000.00 minimum balance to open
  • interest paid quarterly
  • compounded daily

Roth IRA

  • $1,000.00 minimum balance to open
  • interest paid quarterly
  • compounded daily

Money Market Savings

  • $5,000.00 minimum to open
  • Interest paid monthly
  • Compounded daily
  • $5,000 minimum daily balance to avoid a $10.00 low balance service charge per month
  • Limit of 6 pre-authorized withdrawals per month by telephone order or instruction, or by check, draft, debitcard or similar order to a third party.

Contact us at hometown@farmersstatebanksd.com for more information, or call (605) 648-3683.

Retirement Calculator

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example: 1000.00

 %
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Your payment would be: $
Total Interest Paid: $
$

example: 1000.00

%
%
$ / year
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College Funds
Available:
Needed:
Short:
Additional Savings Needed
Annual:
Monthly:
%
$ / year
$
Retirement Funds
Available at Retirement: $
Annual Retirement Income: $