First State Bank Shannon-Polo-Lake Carroll offers Certificate of Deposit Accounts with flexible terms to meet your financial needs. We offer standard terms of:

For current interest rates and specials on our certificates please contact us.

CERTIFICATE OF DEPOSIT
Rate information—The interest on your account is determined by the term of the account.
Minimum balance to open the account—You must deposit $1000.00 to open this account.
Transaction limitations—You may not make any deposits into your account before maturity (except for an IRA). You may make withdrawals (subject to penalty).
Early withdrawal penalties—(a penalty may be assessed for withdrawals before maturity)
If your account has an original maturity of one year or less:
The fee we may assess will equal three months interest on the amount withdrawn subject to penalty. If your account has an original maturity of more than one year:
The fee we may assess will equal six months interest on the amount withdrawn subject to penalty.
In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See your plan disclosure if this account is part of an IRA or other tax qualified plan.