CDs & IRAs

Since 1935, Northern State Bank has helped others save for college, retirement, dream houses, and much more. We offer a full variety of savings plans, including:

Certificate of Deposits (CDs)

Variety of term options
Variable interest rates
No additional fees
Competitive specials with $5000 initial deposit
$500 minimum on regular CDs
Rates are subject to change weekly. Contact us for current specials.

Individual Retirement Accounts (IRAs)

Traditional IRA - Please visit with us for more detailed information.
Roth - Please visit with us for more detailed information.
Simplified Employee Pension (SEP) - popular plan for small employers.
Coverdell Savings - primarily to help save for college.
No bank fees - we will not charge you anything extra
All IRAs are invested in our bank as CDs with variable interest rates and multiple term options. We will work with you on providing the best term and rate for you. Call us or stop by our bank and we will be happy to discuss your best options.

Please consult your tax professional for guidance on all IRA tax inquiries