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CDs and IRAs That Safely Grow Your Wealth

Certificates of Deposit (CDs) and bank-offered IRAs build your funds through competitive interest rates and safe growth. For another option, consider an IRA Savings account from Rural American Bank.

Products You Need: Set aside some money and watch it grow.

Services You Expect: Let Rural American Bank assist with all your long-term savings goals.

Convenience You Deserve: Stop by, call us or view your accounts online.

Certificates of Deposit (CDs)

Safely invest your cash with federally insured CDs that are guaranteed to grow regardless of the economy. Get many investment options and competitive rates.

  • Choose investment terms from 3 to 60 months.
  • Receive several interest payment options.
  • Use as collateral in a savings-secured loan.
  • Open with an initial $2,500 minimum deposit.
  • Penalty for early withdrawal; fees may reduce earnings.

Individual Retirement Accounts (IRAs)

Invest funds or roll over money from a qualified retirement program such as a 401(k) or a SEP.

  • Choose investment terms from 3 to 60 months.
  • Earn competitive interest rates.
  • Receive fixed annual percentage yields.
  • Select from traditional, educational and Roth IRAs. (IRS regulations apply.)
  • Open with an initial $2,500 minimum deposit.
  • Subject to a termination fee of $25 and a transfer fee of $7.

Make a Simple Switch

We make it easy to switch your accounts to us.

Reorder Checks

Out of checks?  It's easy to reorder, just click here.

Worry-Free Banking Services

Rural American Bank is your one stop for convenient banking services. Easily manage your accounts, protect your important belongings and control your finances.

 

In Braham, contact:
Dennis Cunningham
Dennis Cunningham
Financial Consultant
email Dennis
(320) 396-3377

In Pine City, contact:
Sara Turner
Sara Turner
Financial Consultant
email Sara 
(320) 629-2561

Frandsen Bank & Trust’s Wealth Management & Trust Department has been in operation since 1969 and assists over 1,300 individual and business investment clients throughout the upper Midwest.

Contact us today for FREE consultation. 507.233.4800

Our invitation to you:

You can look to us for a full-range of money management skills and facilities.

And you will find an emphasis on responsive, personal service that is rare in today’s business world.

We cordially invite you to become better acquainted with us and with our work. If you prefer to have one of our financial professionals meet with you at your home or office, simply contact us to arrange an appointment.

For more information on the services we provide, watch a video.

Trust Plan
Trust Plan (click here)

Inheritance
Inheritance (click here)

Retirement
Retirement (click here)

Divorce
Divorce (click here)

Empty Nesters
Empty Nesters (click here)

401k Rollover
401(k) Rollover (click here)

Bank on Main Street

Worry-Free Banking Services

Rural American Bank is your one stop for convenient banking services. Easily manage your accounts, protect your important belongings and control your finances.

     RegE RegE 

 

 

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Braham Office: 320.396.3377 | Pine City Office: 320.629.2561
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