IRAs (Individual Retirement Accounts)

Your credit union offers you various options to take advantage of IRA (Individual Retirements Accounts). We also have free financial planning available to help you plan for retirement.

We offer the following IRA plans. Talk with a Financial Service Advisor to determine which one best fits your personal situation:
 

Roth IRA

• Qualify for tax-free growth
• For those expecting to be in the same or higher tax bracket when you reach 59-1/2
• Converting traditional and Roth IRAs may be beneficial

Educational IRAs

• Contributions are not tax-deductible
• Withdrawals are tax-free when provided for a child's higher education expenses
• Contributions up to $2,000 per child
   

There are various ways to invest the money you deposit in your IRA account. We will help you determine which one will let you achieve your retirement goals:

IRA Money-Market

Earn our competitive money-market rates starting from $1,000. This is a tiered account that guarantees you the best rate for your IRA balance.
 

IRA Share Certificate IRA 

Lock into a high fixed rate for a specific term by investing in a Share Certificate.  If you're over 59 1/2 you can invest in our five year Share Certificate and benefit from an optional rate bump each year, Protecting your returns in a rising rate environment.  Open one today with as little as $1,000.
 

Ladder IRA Certificate

This is a 5 year certificate term built into five certificates.  There terms are 1-5 years at the regular certificate rate.  Each maturing certificate automatically renews into a 5 year certificate or has the option of being redeemed.  The minimum balance requirement of this certificate is $5,000. 

Your savings are insured to at least $500,000; a combination of $250,000 provided by the National Credit Union Administration (NCUA), a U.S. Federal Government agency, and $250,000 by Excess Share Insurance (ESI), a private deposit insurance company.  

* PLEASE CONSULT YOUR TAX ADVISOR.