Investments

• Certificates of Deposit
• Individual Retirement Accounts
• Money Market Accounts
• Money Market-Investor Account

Certificates of Deposit

Garden Plain State Bank offers many different terms, conditions and rates on our Certificates of Deposit. A Certificate of Deposit may be opened with a minimum of $1,000.00. Interest on terms of six months or greater is paid quarterly and may be re-deposited to the certificate of deposit, mailed by check, or deposited to another Garden Plain State Bank account.

• Check our current Certificate of Deposit rates

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Individual Retirement Accounts

Garden Plain State Bank offers Traditional, Roth and Educational Individual Retirement Accounts (IRAs). Any Certificate of Deposit with a term of one year or more may be invested into an IRA. We also accept transfers and rollovers from financial institutions or retirement accounts.

• Check our current Individual Retirement Account rates

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Money Market Accounts

This account offers a premium interest rate with limited transactions.

• Minimum Opening Deposit of $2,500.00
• Available to all Depositors
• Average Collected Balances $2,500.00 and over will earn the current Money Market interest rate
• Interest Credited to Account Monthly
• No Maintenance Fee unless the average collected balance falls below $1,000.00 at which time a $5.00 fee will be imposed
• Six withdrawals or transfers are allowed each statement cycle
• Direct Deposit available
• Free 24 hour availability through Telephone Banking
• Free 24 hour availability through Internet Banking

• Check our current Money Market Account rates

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Money Market-INVESTOR ACCOUNT

• Minimum opening deposit of $2,500.00
• Available to all depositors, including businesses
• Average collected balances of $2,500 and over will earn the current Money Market Investor Account interest rate; tiered at $2,500, $10,000, $25,000, $100,000, $150,000, $200,000, and $250,000 with increasing interest rates for each tier
• No maintenance fee unless the account balance falls below $1,000.00 any day during the statement cycle, at which time a $10.00 fee will be imposed
• $0.25 service charge for each check written
• Six withdrawals or transfers are allowed each statement cycle
• Service charge of $1.00 for each debit/withdrawal item in excess of 6 per month
• Truncated checks
• Direct Deposit available

• Check our current Money Market-Investor Account rates

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