Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view, download Adobe® Acrobat Reader.
Skip Navigation

IRAs/Retirement

Concerned that you won't have the income to sustain the lifestyle you want to enjoy after retirement? You can put your worries behind you by opening an Individual Retirement Account (IRA) at SCB Trust Services. It's a great way to establish financial security for tomorrow and peace of mind for today. 


Self-Directed IRA

Provides income for retirement years. You choose investment options*. 

  • The contribution may be tax deductible, depending on annual income
  • Customer can choose virtually any investment option
  • Interest may be tax deferred, depending on the IRA product and relevant tax laws
  • Required Minimum Distributions are tracked and annual letters are sent out.


Regular IRA

Provides income for retirement years. Our Investment Manager will invest your contributions to fit your needs.

  • Interest may be tax deferred depending on IRA product and relevant tax laws
  • Contribution may be tax deductible, depending on annual income
  • Required Minimum Distributions are tracked and annual letters are sent out.


Roth IRA

An individual retirement account which grows tax-free

  • Provides income for retirement years
  • Savings accumulate tax-free
  • Tax free withdrawals (withdrawals are subject to certain rules)
  • Required Minimum Distributions are tracked and annual letters are sent out.


Email SCBTrust@statecentralbank.com or Call 319-526-3862 for any information on above services.


IRA CDs

  • Provides income for retirement years
  • Savings accumulate tax-free
  • Available in both Traditional and ROTH options through State Central Bank.
  • Required Minimum Distributions are tracked and annual letters are sent out.

 Contact your local branch or SCB Trust to inquire about IRA CDs.


*See Custody Accounts under "Trusts & Agencies for explanation of self-directed accounts. 


Disclosures: Investments in mutual funds, stocks, etc. are not insured by the FDIC; are not a deposit or other obligation of the bank and are not guaranteed by the bank; and are subject to investment risk, including the possible loss of the principal amount invested.