State Bank of Toledo CD Rates

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The State Bank of Toledo CD rates are worth learning more about if you are ready to invest in a financial product that is safe and has the ability to earn you a higher level of interest than a savings account! This bank has a focus that can only be described as hometown which makes it a comfortable financial institution to do your banking with.


The State Bank of Toledo CD rates are worth learning more about if you are ready to invest in a financial product that is safe and has the ability to earn you a higher level of interest than a savings account! This bank has a focus that can only be described as hometown which makes it a comfortable financial institution to do your banking with.

The State Bank of Toledo has the largest deposit market share in Tama County in the state of Iowa. This makes it the biggest as well as the most successful bank in the area. This bank has its customers in mind in every way. For those looking to purchase a certificate of deposit you will be happy to know about the full service investment center. The bank also has two banking locations that are very convenient as well as two ATMs that are working 24 hours a day. The staff at the State Bank of Toledo is friendly, helpful and very well trained. The bank’s online banking services and phone teller services are also very useful for customers of the bank.

All that is required to open a CD account at this Iowa bank is $1000. There are a variety of terms that you can choose from. The terms offered include:

•    91 days
•    182 days
•    12 months
•    18 months
•    30 months
•    36 months
•    48 months

If you already have a Hometown Select checking account or a Prestige checking account through the State Bank of Toledo that you are eligible to earn a one quarter percent interest bonus. Learn more details about this at the website or by phoning the bank or visiting a branch in your local area. Do not be hasty in choosing the term for your certificate of deposit (CD) as you will have to pay a penalty if you wish to withdraw your money out of the account early.

The State Bank of Toledo also offers an IQ Ed certificate of deposit that is geared towards saving for the future college or university education of your son or daughter. All you need to start this CD is $100.You can add to this account as often as you wish to. The deposits you make can be as small as $25. The maturity date for the CD will be on June 1st of the year that your child reaches the age of 18. As is the case for the previously mentioned CD, you will incur a penalty if you decide to withdraw money early from this account. To view the current State Bank of Toledo CD rates visit the website found at http://www.banktoledo.com/.

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