Minimum balance requirements and penalties for excess withdrawals apply. You will receive a statement twice a year of all of your transactions and interest earned. An IRA can help you save on your taxes now as well as provide a more secure future for you and your family. Earn high rates of interest with FDIC insurance coverage. Certificates with maturities of 30 days to 36 months are available.
All certificates are subject to early withdrawal penalties.
You will earn interest on your account and your checks will be mailed to you in October just in time for the holidays. A great way to save for future needs. Students in grades K-5 at Prospect Elementary School in Lake Mills can learn the value of savings by banking at school. Students are able to deposit money at school into their Junior Savers Account from Greenwood's on bank day once a week. Deposits are made on the school's computers and sent to the bank.