CDs, IRAs & HSAs

CDs | IRAs | HSAs | FSB Rates | Inquire Now

Earn Interest with a Leading CD Provider in Iowa

FSB recognizes the value of planning for the future through investing. With various options, like CDs, IRAs, and HSAs, offering competitive interest rates, FSB can assist you with your financial goals.

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Certificates of Deposit (CDs) with FSB

Looking for a safe and secure way to earn compound interest on your savings? Consider a Certificate of Deposit (CD). You can choose from a range of CDs with various terms and rates below.

FSB CD Rates

Effective April 20, 2024

CD & IRA Rates - Specials

Term	APY
11 Months	4.90%
19 Months	4.60%

How Can I Get Started? Account Disclosures

See FSB Rates for full list of CD offerings.
Annual Percentage Yield (APY) subject to change without notice. Minimum deposit of $1,000.00 required. Existing CD renewals not subject to the special rates at maturity unless specifically requested at maturity. Interest is compounded and paid quarterly. Fees may reduce earnings. Penalty for early withdraw may apply including loss of principal. For current rate information call 319-377-4891. Rate = Interest Rate
Click “Account Disclosures” button for complete terms and conditions.

CDs & IRAs Rates

Fixed Rate Accounts $1,000.00 – $19,999.99	APY	Rate
1 Month	0.30%	0.30%
3 Months	0.35%	0.35%
6 Months	2.50%	2.48%
12 Months	0.85%	0.85%
24 Months	0.85%	0.85%
36 Months	0.85%	0.85%
48 Months	0.95%	0.95%
60 Months	1.05%	1.05%
Fixed Rate Accounts $20,000.00 and more	APY	Rate
1 Month	0.30%	0.30%
3 Months	0.35%	0.35%
6 Months	2.50%	2.48%
12 Months	0.85%	0.85%
24 Months	0.85%	0.85%
36 Months	0.85%	0.85%
48 Months	0.95%	0.95%
60 Months	1.05%	1.05%

Annual Percentage Yield (APY) subject to change without notice. Minimum deposit of $1,000.00 required. Existing CD renewals not subject to the special rates at maturity unless specifically requested at maturity. Interest is compounded and paid quarterly. Fees may reduce earnings. Penalty for early withdraw may apply including loss of principal. For current rate information call 319-377-4891. Rate = Interest Rate

Click “Account Disclosures” button for complete terms and conditions.

How Can I Get Started? Account Disclosures

How to Open a CD with FSB?

It's simple! Click here to get started online, or visit any local FSB branch for personalized assistance from a local banker.

Individual Retirement Accounts (IRAs) with FSB

An Individual Retirement Account (IRA) enhances your savings and secure your financial future. FSB offers various types of IRA accounts, each with unique features, so you can choose the option that best aligns with your savings goals. Which one is right for you?

Traditional IRA

Looking to save for retirement while reducing your taxable income? A Traditional IRA could be the right choice for you. With this type of savings account, you receive a tax deduction up-front and watch your earnings grow tax-deferred.

Key details:

Contribute to a Traditional IRA regardless of age with W-2 earned income.
Contributions may be tax-deductible depending on filing status, income, and other factors.
The annual contribution limit is $6,000, with an additional $1,000 catch-up contribution allowed for those aged 50 and older.

Roth IRA

Are you seeking an investment option that provides tax-free withdrawals without requiring a tax deduction up-front? If so, a Roth IRA might be a smart choice.

Key details:

Contributions can be made regardless of age with W-2 earned income.
No required minimum distribution at the age of 72.
Annual contribution limit of $6,000, with an additional $1,000 for those age 50 and older.

Simple IRAs

Are you a business owner looking for a cost-effective way to offer retirement accounts to your employees? Consider the Savings Incentive Match Plan for Employees (SIMPLE) IRA, which allows employers to match a percentage of an employee's total compensation if the employee makes salary deduction contributions. This option is less paperwork and costs less than a traditional 401(k).

Key details:

Employers must have 100 or fewer employees.
Employers may contribute on behalf of the employee.

SEP IRAs

Are you self-employed and looking for a way to make IRA contributions? Consider a Simplified Employee Pension (SEP) IRA, set up by employer-only contributions but still allows self-employed individuals to contribute.

Key details:

Simple and easy setup.
Tax deferral until withdrawn.
Employers are not required to contribute every year.

Please consult your tax advisor regarding deductibility and eligibility.

Our Bankers are ready and eager to assist you in achieving your financial goals, so visit any of our locations today to start your retirement savings journey today!

Get Started with FSB Saving with IRAs

Health Savings Accounts (HSAs) with FSB

Are you looking for a convenient and tax-advantaged way to pay for qualified medical expenses for you or your family? A Health Savings Account (HSA) may be what you need.

Key Details:

Earn interest that compounds over time
Tax-deductible contributions^*
Convenient, tax-free withdrawals by check or debit card for qualified medical expenses
No “use it or lose it” requirement like most flex benefit plans
Keep your contributions if you change jobs or retire

Our Bankers are here to help you set up your HSA and start enjoying the benefits of this powerful financial tool.

Get Started with FSB FSB Rates

*Please consult your tax advisor regarding eligibility.

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