Certificates of Deposit (CD’s) require a $1,000 minimum deposit. We have available terms of 91 days, 6 months, and 1, 2, 3, 4 or 5 years. Interest paid may be added back to the CD, deposited into your checking or savings account, or paid directly to you by check. Interest is paid quarterly on CD’s with less than a $10,000 investment. Monthly interest payments can be requested for those accounts with an investment of $10,000 or greater. CD’s can be used as collateral for a loan.
Personal Retirement Accounts
Both Roth and Traditional IRA’s (Individual Retirement Accounts) are available through Hoosier Heartland State Bank with optional 12, 18, 30 and 66 month terms. These can be initiated with a rollover transaction or as an individual start up retirement savings. Consult your financial advisor to determine which product is right for you.
Please contact any branch office for additional information about ways to invest.
Non Deposit Investment Options
Please contact our financial professional for additional investment options.