Prairie State Bank and Trust offers fixed-rate, tax-deferred annuities through a long-standing relationship with American Central Insurance Services, Inc. For over 20 years, American Central Insurance has worked with our customers to provide this long-term investment alternative, especially useful for saving money for retirement. Several of our employees are designated as “annuity specialists” and hold the insurance license that allows them to discuss this product with you in detail and assist in the sales process.
Products & Services
Our annuity specialists are available to discuss current interest rates as well as the details of all the product features. Our objective is to educate our customers as part of our commitment to provide excellent customer service. Through this educational process, you can better understand whether an annuity might be a good investment for you.
Some features of our current annuity offering:
- Initial term of 7 years
- Interest earnings compound “tax deferred”
- Competitive rates with minimum interest rate guarantees
- May allow for monthly interest withdrawals
- May include a nursing home waiver
Not FDIC Insured; Not a deposit or other obligation of, or guaranteed by, Prairie State Bank and Trust; May be subject to investment risk, including the possible loss of the principal amount invested.