Certificates of Deposit/ IRA's


At Panola National Bank we offer a variety of certificate deposits, including regular CD’s as well as jumbo.  We also offer IRA services which allow for the deferral of taxes on income earned until withdrawal.  Our current rates are detailed below. 

For additional information, we invite you to contact any of our new accounts representatives to assist you.

IRA and CDs 


Have you considered the tax benefits of an Individual Retirement Account (IRA)? 


Good planning now can make your retirement years enjoyable and ease the financial burden later.  Our professional staff will take the time to discuss your needs and place you in the account best suited to achieve your financial goals for retirement.


Low initial deposits to start your CD and IRA

The CD minimum is $1,000 and the IRA minimum is $250


Terms Range from Ninety Days to Thirty Months

Various terms give you more options.


Rates Will Remain at a Fixed Rate of Interest

Your interest rate will never go down during the term of the CD or IRA.


Interest is Compounded

Compounding interest grows quicker so your money works harder for you. Interest is compounded quarterly on a CD or IRA with a maturity of twelve months or longer.  For a CD or IRA of less than three months, interest is compounded at maturity.


Safe Investment

Your investment is safe because Panola National Bank is an FDIC-insured institution.  There is new coverage for retirement accounts which are insured up to $250,000 per owner.  Contact one of our account representatives for details on specific insurance coverage.