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Home > Personal Banking > Savings > CDs
Individual Retirement Accounts
Mercantile Bank offers a variety of terms and rates on Individual Retirement Accounts in the form of CDs.
  • $1,000.00 minimum opening deposit for IRAs
  • Insured up to $250,000.00 by the FDIC
  • Interest is compounded daily
  • Automatic renewal at maturity
  • Penalty for early withdrawal
  • Interest payments paid to the account holder may be transferred to another Mercantile Bank account monthly or quarterly, or accumulated until maturity.
  • For rates on this product, please enter your zip code and click search:      
To receive a rate quote on our Individual Retirement Accounts, submit an IRA information form, call 800-238-8681 or visit any of our branches
 
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