We offer a variety of ways to invest your money whether you need it readily available, or you want the rewards of a higher interest rate. Choose from:


    Our financial calculators can help you determine how much you need to save each month in order to reach your financial goals.

    Investors Plus Money Market

    The more you save, the more you earn. The interest rate increases as your balance grows. Liberal withdrawal privileges keep your money readily accessible.

    $2,000.00 minimum to open.

    Check current tiered savings rates.

    • $ 0.00 to $24,999.99 
    • $25,000.00 to $74,999.99 
    • $75,000.00 to $249,999.99 
    • $250,000.00 and over 

    Program Details:

    • $2,000.00 minimum balance required to avoid a maintenance charge. If balance falls below minimum, there is a $10 monthly maintenance charge and the interest rate reverts to the Statement Savings rate. 
    • Up to six transfers per month are allowed (to another account or a third party) using pre-authorized, automatic, Internet Banking or telephone transfer methods. Unlimited transfers are allowed for transactions made in person at the bank. 
    • Interest compounded and credited monthly (variable interest rate may change at any time). 
    • ATM card available.


    Statement Savings

    With this traditional savings account, you can earn interest while maintaining quick and easy access to your funds. Check current rates .

    Program Details:

    • No monthly maintenance charge with a $100 minimum balance; $2 monthly maintenance charge if balance drops below $100 any day of the month. 
    • $1 minimum deposit to open. 
    • No minimum balance required to obtain annual percentage yield. 
    • Up to six transfers per month are allowed (to another account or a third party) using preauthorized, automatic, Internet Banking or telephone transfer methods. Unlimited transfers are allowed for transactions made in person at the bank. 
    • Interest compounded and credited quarterly (variable interest rate may change at any time).
    • ATM card available. 


    Super Kids Savings

    Help your child learn the importance of saving at an early age with our Super Kids Savings account! There is no minimum balance for children under 18. Perks of this account include a quarterly Super Kids newsletter and a birthday card and gift sent to your child on his or her birthday. 

    Program Details:

    • $1 minimum deposit to open.
    • No minimum balance required to obtain annual percentage yield.
    • Interest compounded and credited quarterly (variable interest rate may change at any time). Check current rates.
    • Up to six transfers per month are allowed (to another account or a third party) using preauthorized, automatic, Internet Banking or telephone transfer methods. Unlimited transfers are allowed for transactions made in-person at the bank.
    • No monthly maintenance charge with a $100 minimum balance; $2 monthly maintenance charge if balance drops below $100 any day of the month. Monthly service charge is  waived  if under the age of 18.


    Certificates of Deposit

    Commit to saving for a designated length of time and earn higher, fixed-rate interest. Our shortest maturity option is just three months! Check current CD rates here.

    Program Details:

    • Guaranteed interest.
    • Fixed rates.
    • 3 to 60-month maturity options.
    • Periodic special rates and terms.
    • Substantial penalty for early withdrawal.
    • Several interest payment options.


    IRA CDs

    Individual Retirement Account (IRA) 

    For many people, retirement planning begins with an IRA, or Individual Retirement Account. For those with an employer-sponsored retirement program, an IRA affords additional reassurance that retirement will be free from financial worries. At First State Bank and Trust, we offer several types of IRAs, including standard deductible and non-deductible IRAs, Roth IRAs and Coverdell Educational IRAs.

    We use our Certificate of Deposit for the IRA investment, which allows the customer to benefit from the highest fixed rates available.

    For all of our customers over 59 1/2, we have the step-up privilege. This allows the customer to step up to a higher rate if available, once per calendar year. This feature benefits the customer that is soon to be approaching retirement.

    Ask us about IRA rollovers from a 401(k), an Employee Stock Ownership Plan or other employer-sponsored retirement plan into an individual IRA. 


    Health Savings Accounts

    A Health Savings Account (HSA) is a tax-exempt account, when used for qualifying medical expenses. Benefits of an HSA may include:

    • Tax deductions for contributions.
    • Tax free interest earnings.
    • Tax free distributions.
    • No "use it or lose it" scenario (unlike most Flexible Spending Accounts). All funds roll over from year to year.
    • Existing HSA owners can transfer funds here.
    • See fee schedule for annual service charge.

    Check with your health insurance provider or tax professional to see if you qualify for an HSA. 


    For more information contact us or call 651.439.5195.


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