IRA & CD Rates

Certificates of Deposit and IRA Accounts

Clarkston State Bank offers many different CD options at competitive market rates. They are an excellent investment option if you are able to set aside funds for a specific period of time. There is a term and CD for every customer. Certificates of Deposit offer higher interest rates than most savings accounts with a fixed rate of return for the term of the investment.

Individual Retirement Accounts (IRA) can be invested in any CD term. We offer both Traditional or Roth IRA accounts. Contribution limits may apply, please consult with a tax professional for guidance regarding contributions and distributions to your IRA account.

View CD Specials


Current Rates and Terms

Term Minimum Rate APY
1 – 5 Months $500.00 & above 0.05% 0.05%
6 – 11 Months $500.00 & above 0.15% 0.15%
12 – 17 Months $500.00 & above 0.35% 0.35%
18 – 23 months $500.00 & above 0.40% 0.40%
2 Year
(24-35 months)
$500.00 & above 0.50% 0.50%
3 Year
(36-47 months)
$500.00 & above 0.75% 0.75%
4 Year
(48-59 months)
$500.00 & above 0.85% 0.85%
5 Year
(60 months or more)
$500.00 & above 1.00% 1.00%

Early Withdrawal Penalties


Term Penalty
1 – 5 Months 1 Month Interest
6 – 11 Months 3 Months Interest
12 – 17 Months 6 Months Interest

APY = Annual Percentage Yield
The interest rate stated is variable and may change after account opening.
The minimum balance required to earn the APY = $500.00
CD Specials are offered for a limited time only and the bank reserves the right to withdraw this offer at any time.
Rates and balance tiers for checking, savings, CDs and IRA CDs are applicable as of the effective date and may be subject to change at Clarkston State Bank’s discretion.