Guaranteed premium interest rates can help you reach your investment goals. WestStar Bank offers a variety of CD (time deposit) accounts to help you make the most of your money. Contact us today to find out how you can get a guaranteed rate of interest on your savings.
Certificates of Deposit
With a minimum deposit of $2500, a Certificate of Deposit (CD) offers a high fixed rate, a fixed term of investment, plus a guaranteed return of your principal. The rate of interest is set at the time of issue and is dependent upon the amount and maturity of the CD. Deposits of less than $10,000 will only be issued for maturities of one year or more. Early withdrawal penalties apply.
IRA Accounts & Qualified Retirement Plans
It’s never too late to plan for your retirement. WestStar Bank can help you do just that with fixed or variable rate IRA Accounts, Rollover Accounts, Roth IRAs, Coverdell Education Savings, Self-Directed IRAs, Qualified Retirement Plans, and SEPs. Minimum initial contribution for variable rate is $200 and $500 for fixed rate. You can contribute any time to variable rate IRA Accounts, up to federal limits. Federal Income Tax law prescribes a substantial penalty for early withdrawals. A fee will be charged for the administration of IRA and other retirement accounts which are not invested in WestStar Bank accounts or investments. Please contact us for details about any of our investment accounts. Early withdrawal penalties apply.
Early Withdrawal Penalties
Withdrawal of funds from a Certificate of Deposit prior to maturity may result in a maximum penalty which will be disclosed in writing at the time of investment.
**Securities offered through Raymond James Financial Services, Inc. Member FINRA/ SIPC. An Independent Broker/Dealer. WestStar Bank is independent of Raymond James Financial Services. Securities are not deposits, not insured by FDIC or any other governmental agency, not guaranteed by WestStar Bank, and are subject to risks, including possible loss of principal.
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This site is published for residents of the United States only. Raymond James' Financial Advisors may only conduct business with residents of the states for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.