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CDs & IRAs

 Certificates of Deposit (CD) 
If you need to maximize your earnings, our CD’s allow you to invest funds for a specified period of time. Whether long-term or short, our CD’s are designed to give you the most competitive rates available.
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 CDARS (Certificate of Deposit Account Registry Service)
Access FDIC protection on multi-million dollar CD investments through The Bank of Elk River.
More on CDARS | Contact Us for Rates

 Individual Retirement Accounts (IRA)
Traditional IRAs allow you to save for your retirement on a tax-deferred basis.  Roth IRAs offer no initial income tax deferral; however, your earnings grow tax free.  Certificates of Deposit as the investment vehicle ensure your retirement savings will grow safe and secure.
More on IRAs | View rates