Certificates of deposit (CDs) are a great, low-risk account that provide a return on your money. Choose from a variety of terms, short or long, to fit your investment needs.

Journey Ahead 12-Month CD

Our Journey Ahead CD is designed for young savers under 18 years of age. Unlike most CDs, Journey Ahead allows you to make unlimited deposits to the account making it a great wa to save with a higher rate of interest!

• Unlimited deposits may be made to the account
• Competitive interest rates
• $25.00 minimum to open and obtain APY
• Interest is compounded and credited quarterly
• Must also have an adult over 18 years of age as a joint account owner

Add-2-It CD

Our add to it CD allows you to add money to your original deposit amount at any time during the term of the account.

• 24-month term
• $2,500 minimum opening deposit
• Unlimited deposits of $1,000 or more allowed during the initial term
• Automatic renewal is standard for your convenience
• Interest is calculated on a daily balance and credited and compounded to the account quarterly

Other CDs

We have multiple terms available to help you reach your savings goals faster. Stop in to the branch to open one today! Use our free online calculator to see how your interest will grow with State Bank of Cherry CDs.

Individual Retirement Accounts (IRAs)

Whether you are starting a Roth or Traditional Individual Retirement Account, State Bank of Cherry can help your money grow for your retirement.  Our IRA experts can also help you with external transfers and Rollovers to get your money here to a local bank where we offer a variety of competitive rates.

• $50 minimum to open account
• Competitive interest rates
• Make your contributions locally