Individual Retirement Accounts

The tools you need to build a secure future.
  • $100 minimum deposit
  • Flexible account options
  • Savings for higher education
Learn more about our options and how to get started below

Account Options

Rushville State Bank offers many common individual retirement accounts (IRAs) to meet your savings goals, including:
Traditional and ROTH IRAs
Simplified Employee Pension (SEP) Accounts
Beneficiary/Inherited IRAs
Coverdell Education Savings Accounts (CESA)

  • Accounts may be opened with a minimum of $100 deposit. Automatic transfers can be established from your other Rushville State Bank deposit accounts to provide a consistent retirement savings method.
  • Investment terms available from twelve months to sixty months with a fixed rate of interest, typically higher than that earned on a regular savings account.
  • Periodic interest payments are compounded to the account on a quarterly basis and are maintained on a tax-deferred basis until funds are removed from the account.
  • Accounts are automatically renewable for customer convenience for comparable terms at current rates of interest.
  • Full account disclosures are available upon request by contacting us at 217-322-3323 or in person at Rushville State Bank, 100 E. Lafayette St., Rushville, IL 62681.

Individual Retirement Accounts

The tools you need to build a secure future.
  • $100 minimum deposit
  • Flexible account options
  • Savings for higher education
Learn more about our options and how to get started below

Account Options

Rushville State Bank offers many common individual retirement accounts (IRAs) to meet your savings goals, including:
Traditional and ROTH IRAs
Simplified Employee Pension (SEP) Accounts
Beneficiary/Inherited IRAs
Coverdell Education Savings Accounts (CESA)

  • Accounts may be opened with a minimum of $100 deposit. Automatic transfers can be established from your other Rushville State Bank deposit accounts to provide a consistent retirement savings method.
  • Investment terms available from twelve months to sixty months with a fixed rate of interest, typically higher than that earned on a regular savings account.
  • Periodic interest payments are compounded to the account on a quarterly basis and are maintained on a tax-deferred basis until funds are removed from the account.
  • Accounts are automatically renewable for customer convenience for comparable terms at current rates of interest.
  • Full account disclosures are available upon request by contacting us at 217-322-3323 or in person at Rushville State Bank, 100 E. Lafayette St., Rushville, IL 62681.