Save for a later day
Yielding a better interest rate than other savings plans, time deposit accounts are recommended for those who have longer-term goals and little need for immediate accessibility.
Certificates of Deposit
Save your money for up to five years. CDs offer guaranteed interest rates that vary according to length of maturity. Contact us for our competitive rates.
- Minimum investment: $1,000
- Maturities range from 30 days to five years.
- Interest is calculated on a 365-day basis at a rate determined by the term. Interest may be paid to the customer or added back to the certificate using varying methods according to the size of the CD and maturity.
- CD's can be used as loan collateral, and penalties for early withdrawal vary according to time remaining to maturity.
Individual Retirement Account (IRA)
IRAs provide a way to save for retirement and enjoy tax benefits. Trustmark offers several IRAs, including self-directed, with different funding arrangements. Our financial service representatives can provide advice on which is best for your particular circumstances, needs, and expectations. Contact us to help you choose the right IRA for you.