CDs/IRAs

Put your money away and let it grow for the future.

Save for a big purchase down the road or retirement.

Choose a CD term that aligns with your goal or start putting money into an IRA so you can retire comfortably - whatever goal you have in mind; we have the savings options to help you reach them.

CD & IRA Options

Certificate of Deposit (CD)

Make your money work harder with a Bank of Elk River CD. Choose the term that works for you - from 91 days to 60 months.

Traditional IRA

A retirement savings option to consider if you prefer to make pre-tax contributions now, then pay taxes when the money's withdrawn.

Roth IRA

Make after-tax contributions now so you don't have to pay taxes when you withdraw your money.

Contact a Personal Banker Today

Ready to open a CD or IRA account? Contact one of our friendly personal bankers to get started.