Retirement Account

Retirement Accounts

Saving for your future is important. First State Bank offers guidance and management of many different types of retirement accounts. We can help you with the following:

Individual Retirement Account

First State Bank offers two types of Individual Retirement Accounts. These include the Traditional IRA and the Roth IRA.

It is well known that bank CD investments, in most instances, fall below what you can get elsewhere with other investments such as stocks and mutual funds.

The disadvantage is that you will have to ride the ups and downs of the market. Even worse, is if you are ready for retirement and the market takes a downturn and causes you to lose years of investment gains at a time when you need it most.

Keep it on the safe side and with a local institution you can trust! Plus, with FDIC insurance you will never have to second guess any decisions that create losses in your investments. Your IRA with First State Bank will always go up in value year after year without the wild swings.

It’s never too late to start planning for your retirement. First State Bank Shallowater can get your retirement account up to seed in no time. Stop by to get started.

Visit our Application for all retirement account applications.