CDs, IRAs & HSAs

Traditional IRA

This form of IRA allows you to contribute a certain dollar amount each year of your earned income for retirement purposes. The benefit of investing in a traditional IRA include: tax-deferred earnings, and for many people, tax deductibility. This account also accepts rollover deposits from either another IRA or from a qualified plan distribution.


IRA’s are retirement accounts that are regulated by the IRS. They have restrictions on withdrawals and deposits, maximum annual deposit amounts, and tax benefits depending on the type IRA. IRA’s are available to individuals. 

The Harvard State Bank offers a variety of IRA plans to help you build up your retirement nest egg. We encourage you to discuss your retirement plans with your investment broker or tax advisor.

Please refer to the Interest Rate Sheet for current rates