Time CDs

We offer a variety of C.D.'s at The Guaranty. You can invest in a Guaranty State Bank C.D. for as little as 1 month or as long as 60 months! Terri Kelly, CD services, or Tami Pruitt, Senior Vice President & Marketing Officer, can tailor a savings plan that is suited for you. The Guaranty's C.D.'s are FDIC insured.

Another unique investment at The Guaranty is our Educational C.D. This is a C.D. that is designed to come due when a child graduates from high school. It can be started at any time and in any amount. Additional deposits may be made whenever you wish. The C.D. earns the highest rate of interest that the bank is paying. The interest rate is subject to change every three years. After the child graduates from high school, the C.D. can be continued as long as they are a student.

E-mail us or stop by the bank soon for details on The Guaranty's C.D.s!

 

Traditional IRA
 

  • Must have earned income and not have reached age 70 1/2 by the end of the year
  • Taxable years beginning in 2013 and after may contribute a maximum of $5,500.00
  • Catch-Up (50+Over) is $1,000.00
  • Tax-deferred until withdrawal
  • If active participant in employer retirement plan; contributions are restricted based on adjusted gross income
  • Contributions up to the limit are tax deductible if you are not an active participant in a retirement plan. Otherwise phaseout rules apply
  • Required distributions must begin by April following year participant turns 70 1/2
  • Contributions are not allowed after age of 70 1/2

Roth IRA
 

  • Must have earned income
  • No age restrictions
  • Taxable years beginning in 2013 may contribute a maximum of $5,500.00
  • Catch-Up (50+Over) is $1,000.00
  • Earnings grow tax-free
  • Not tax deductible
  • Required distributions only after the death of the participant
  • Contributions are allowed after age 70 1/2