Save with Stability. Plan with Purpose.
CDs and IRAs offer dependable ways to grow your savings and build a stronger financial future. Whether you're focused on short-term goals or long-term retirement planning, these accounts give you predictable growth, competitive rates, and the peace of mind that comes from saving with a trusted community bank.
At Foresight Bank, we provide a range of CD and IRA options designed to fit your timeline, your goals, and the way you like to save. Explore the choices below to find the tools that support the future you’re working toward.
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Grow Your Savings with Confidence
A Certificate of Deposit (CD)* from Foresight Bank gives you a simple and dependable way to grow your money. With competitive fixed rates and guaranteed returns, you can save with certainty—knowing exactly what you’ll earn at maturity. Choose a term that fits your goals, from short-term planning to long-term saving, and let your money work for the future you’re building. Our team is here to help you find the option that aligns with your plans and timeline.
Features include:
- Competitive fixed interest rates
- Flexible term lengths
- Minimum opening deposit of $5,000
- Guaranteed returns when held to maturity
For current rates and available terms, contact your local banker.
Plan for the Future With an IRA That Fits Your Goals
An Individual Retirement Account (IRA) gives you a dependable way to build your long-term savings while taking advantage of valuable tax benefits. Some IRAs offer tax-deferred growth, while others provide tax-free earnings—giving you the flexibility to choose the path that aligns with your retirement plans. We offer a range of IRA options designed to support different needs, timelines, and savings strategies. Explore the choices below to find the account that best supports your financial future. Explore Our Retirement Account Options below.
| Account Type | Who This Account Is For | What You Need to Know About This Account |
|---|---|---|
| Traditional IRA | Individuals looking for tax-deferred growth | Contributions may be tax-deductible; earnings grow tax-deferred until withdrawal; penalties for early withdrawal. |
| Roth IRA | Individuals seeking tax-free growth | Contributions are made with after-tax dollars; earnings grow tax-free; qualified withdrawals are tax-free. |
| SEP Account | Self-employed individuals, small business owners, and their employees | Allows higher contribution limits than traditional IRAs; contributions are tax-deductible. |
| Simple IRA | Small businesses and their employees | Employer and employee contributions; lower contribution limits than SEP IRAs; tax-deferred growth. |
| CESA Plans | Parents saving for their child's education | Contributions grow tax-free; withdrawals for qualified education expenses are tax-free. |
*CDs and IRAs are FDIC insured up to the applicable limits. Early withdrawal penalties may apply.
Foresight Bank does accept Rollover IRA deposits and direct transfers. Rollovers involve moving eligible assets from an employer-sponsored plan, such as a 401(k) or 403(b), into an IRA. Please contact your local banker today or give us a call at 815-209-0610.