CDs / IRAs

For more information about any of our investment products, please contact a Bank of Ashland customer service representative at (402)944-2111 or stop by one of our locations and we would be happy to assist you.

Time Certificates of Deposit
Individual Retirement Accounts
CDARS - Investments

$500.00 Minimum Balance to Open
A fixed rate account where the interest rate and annual percentage yield will not change for the term of the account, unless otherwise stated.
A term deposit account where you make a commitment to leave funds on deposit for a set period of time, anywhere from 3 months to 60 months View current rates
Interest will normally be compound to the certificate at maturity for terms under 7 months and quarterly for terms of 9 months and up, or you may have the interest deposited into your account if we agree at opening
Interest is calculated using the daily balance method which applies a daily periodic rate to the balance in the account each day.
Certificates will automatically renew, you will have 10 calendar days after the maturity to withdraw funds without penalty
An early withdraw penalty will be imposed if funds are withdrawn before maturity
- If the original term is one year or less, the fee we may impose is equal to 1 month interest
  If the original term is over one year, the fee we may impose is equal to 3 months interest
  If the original term is over 60 months, the fee we may impose is equal to 6 months interest

Types of IRA’s offered – Traditional, ROTH, and SEP
Investment products are time certificates of deposit as described above View current rates
Several types of contributions can establish an IRA, such as regular, rollover, or transfer
Contribution amounts may vary depending upon certain eligibility requirements, please consult your tax professional for assistance
Individuals cannot withdraw funds before age 59½ without a 10 percent early withdrawal penalty
Individuals over 59½ years of age and those required to take a minimum distribution (over 70½ years of age) may withdraw funds at any time without penalty
The contribution deadline is April 15 following the tax year for which you make your contribution

The easiest, most convenient way to secure full FDIC insurance on deposit amounts over $250,000.00
One relationship, one statement, one stop investments
Terms are set at 4, 13, 26 or 52 weeks and 2, 3 or 5 years
Rates vary by week and are available by calling Bank of Ashland