CDs and IRAs
First South Financial offers great certificate rates everyday! Just call 901.380.7400 for our current rates. Plus, with terms from 90 days to 60 months, you can find a Share Certificate to match your needs.
Save for a multitude of life events in a manner that's easy for you with First South Financial's Build-it CD product. This 3- or 6-month CD allows you to make regularly recurring deposits into the CD at any time, not just at maturity. It only requires a $100 to open and earns the same rates as our regular CDs for the same term.
Roth and Traditional IRAs and Coverdell ESAs
Traditional IRAs offer a good rate of return and the ability to make tax-free contributions. Roth IRAs and Coverdell ESAs offer you a great rate of return and some additional flexibility not found with a traditional IRA. Unlike with traditional IRAs, contributions to the Roth and Educational IRAs are not tax deductible. However, they do offer the opportunity for tax-free earnings.
If you need to save specifically for college or some other higher-educational expense, then an Education IRA (ESA) might be your best bet. These IRAs are designed to allow for tax- and penalty-free withdrawals for qualified educational expenses.
If you'd like more information about our IRA, HSA and ESA accounts, please click on one of the links listed below:
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