Banking

More information

Loans

More information

Insurance

More information

Services

More information

Home » Banking » Individual Retirement Account (IRA) (Personal)

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
  • SEP IRA (if you are the owner of a small business

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

View Bank Hours

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

View Bank Hours

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

View Bank Hours

100 Main Street
PO Box 158
Draper, SD 57531

Toll Free: 1-800-593-2265
Phone: 605-669-2401
Fax: 605-669-2770

Member FDIC
Equal Housing Lender
Website Design and Hosting by BPro

You are now leaving The Dakota Prairie Bank website.

We do not endorse, approve, certify, or control external sites and do not guarantee the accuracy, completeness, efficacy, timeliness, or accurate sequencing of the information contained on them. To remain at our site, click Cancel. To leave our site for the link you selected, click OK. Thank you for visiting our site!

Click here to continue

You are now leaving The Dakota Prairie Bank website.

We do not endorse, approve, certify, or control external sites and do not guarantee the accuracy, completeness, efficacy, timeliness, or accurate sequencing of the information contained on them. To remain at our site, click Cancel. To leave our site for the link you selected, click OK. Thank you for visiting our site!

Click here to continue

You are now leaving The Dakota Prairie Bank website.

We do not endorse, approve, certify, or control external sites and do not guarantee the accuracy, completeness, efficacy, timeliness, or accurate sequencing of the information contained on them. To remain at our site, click Cancel. To leave our site for the link you selected, click OK. Thank you for visiting our site!

Click here to continue