CDs, IRAs and Money Market Accounts

Enjoy safety and security with Collinsville Bank Options

Our menu of savings accounts offers a variety of options to protect your nest egg. No matter your long term objectives, Collinsville Bank has an account that will help you meet your goals.

Long Term / Retirement Savings

Certificates of Deposit (CDs)

For long-term savers

With a low minimum of $500 to open, our CDs are the secure choice for meeting larger savings goals. Our FDIC-insured accounts pay a competitive interest rate and can be "laddered," providing maximum flexibility. Choose the term that's right for you.

  • Competitive rates
  • Competitive, fixed rates
  • Terms from 3 months to 60 months
View Our CD Rates Contact an Account Specialist

Choice Certificates of Deposit (Choice CDs)

Enjoy maximum flexibility with great CD rates

Saving for the long term but worried about not accessing your funds without paying a penalty? Our Choice CD may be right for you. It includes a penalty-free withdrawal option before the end of the term.

  • Once per month, you may withdrawal principal in $500 increments
  • Great rates and FDIC insured
  • 6- and 12-month terms
View Our Choice CD Rates Contact an Account Specialist

Money Market

Enjoy maximum flexibility with great rates

We designed our Money Market account for customers who want a safe way to save while maintaining convenient access to funds. You'll receive interest on your balances while still enjoying checking account features. By keeping an average daily balance of just $1,000, you avoid service fees.

  • Tiered interest rates
  • Check writing privileges
  • Low fees
View Our Money Market Rates Contact an Account Specialist

Individual Retirement Accounts (IRA and SEP)

Enjoy tax-advantaged retirement savings

Our Individual Retirement Accounts (IRAs) provide the safety and security of FDIC insured deposits while also lowering your tax bill. A Collinsville Bank IRA is a perfect complement to an employer-sponsored 401(k) or 403(b). In addition to traditional and Roth IRAs, we offer Simplified Employee Pension (SEP) IRAs

  • Low $500 minimum balance
  • Invest in Collinsville Bank CDs
  • FDIC insured
View Our IRA and SEP Rates Contact an Account Specialist