Person browsing top CD rates at Farmers State Bank in Marion, Iowa

CDs, IRAs, HSAs

Explore Some of the Best CD Rates in Iowa

At FSB, planning for your future is made easier with smart investment options like CDs, IRAs, and HSAs. Grow your savings with competitive rates and personalized support to reach your financial goals. Start today!


Which Option Is Right For You?

Explore FSB's various high-yield investment options to help secure your financial future.

Icon for FSB's Certificate of Deposit in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Certificate of Deposit

Grow your money confidently with guaranteed returns & flexible terms.

Key Benefits:

  • Minimum opening deposit: $1,000

  • Terms from 1 to 60 months
    • Current 5-Month CD Special: 4.45% APY

  • Interest compounded and paid quarterly

  • Automatic renewals (excluding CD specials)


Icon for FSB's Traditional IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Traditional IRA

Start saving for retirement at any age & benefit from reduced taxes.1

Key Benefits:

  • Contribute W-2 earned income at any age

  • Potential tax deductions on contributions1

  • Annual contribution limit: $7,000
    • Extra $1,000 for those aged 50 and older

Icon for FSB's Roth IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Roth IRA

Save for retirement with tax-free withdrawals without deductions.1

Key Benefits:

  • Contribute W-2 earned income at any age

  • No mandatory withdrawals at age 73

  • Annual contribution limit: $7,000
    • Extra $1,000 for those aged 50 and older

Icon for FSB's Simple IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Simple IRA

A cost-effective retirement plan for businesses to offer employees.

Key Benefits:

  • Ideal for businesses with 100 or fewer employees

  • Employers can match employee contributions

  • Employers can make contributions on their employee's behalf

  • Lower costs and less paperwork than a traditional 401(k)


Icon for FSB's SEP IRA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

SEP IRA

An easy retirement plan for the self-employed & small business owners.

Key Benefits:

  • Simple and easy to set up

  • Tax-deferred growth until funds are withdrawn1

  • Flexible contributions—employers aren’t required to contribute every year


Icon for FSB's HSA in Eastern Iowa (Cedar Rapids, Marion, Iowa City, and more)

Health Savings Account (HSA)

A tax-advantaged way to save for medical expenses & earn interest.

Key Benefits:

  • Make tax-deductible contributions1

  • Tax-free withdrawals for qualified medical expenses1

  • Funds roll over year after year

  • Keep your HSA if you change jobs or retire




















Couple enjoying retirement after working with FSB's Retirement Planning Team in Eastern Iowa.

Your Retirement, Your Way

Get personalized guidance and tailored solutions to help you achieve the retirement you’ve always envisioned.