Individual Retirement Account (IRA) (Personal)
An IRA is a type of account established by congress to assist people with planning for their retirement needs. Generally, money put into an IRA cannot be taken out before age 59 1/2 without penalty from the IRS (there are exceptions to this rule). The hope of Congress was that by establishing these retirement plans, people who do not have retirement plans available to them at their place of employment would begin a savings plan using this type of account.
Dakota Prairie Bank offers the following types of IRA accounts:
- Roth IRA
- Traditional IRA
- Educational IRA
There is a minimum required deposit of $100.00 to open any type of IRA. Dakota Prairie Bank offers competitive rates on IRAs. Please call or stop in and talk to our friendly staff to find out the current rates.
Our Locations
Fort Pierre
Main Office
1204 Yellowstone Street
PO Box 790
Ft. Pierre, SD 57532
Toll Free: 1-877-200-0079
Phone: 605-223-2337
Fax: 605-223-2304
Presho
Branch
211 Main Street
PO Box 190
Presho, SD 57568
Toll Free: 1-800-590-2265
Phone: 605-895-2595
Fax: 605-895-2228
Draper
Branch
100 Main Street
PO Box 158
Draper, SD 57531
Toll Free: 1-800-593-2265
Phone: 605-669-2401
Fax: 605-669-2770
White River
Branch
425 N Main Street
PO Box 288
White River, SD 57579
Phone: 605-259-3500
Fax: 605-259-3503
