Achieve your retirement savings goals with a Traditional, Roth, or Educational IRA. An Individual Retirement Account, IRA, is a tax deferred retirement savings plan offered as either IRA Share Savings Account or as IRA Share Certificates.
IRA Share Savings
- An IRA Share Savings Account is asked to have at least a $20 deposit.
- Dividends are calculated on your average daily balance and paid monthly.
- Payroll Deduction is available through eligible employment groups and makes saving for your retirement easy.
- No Credit Union penalty for early withdrawal. Federal law may impose a special penalty tax for the early withdrawal of IRA funds.
- Your IRA Share Savings are insured to $100,000 by the National Credit Union Administration, an agency of the U.S. Government.
IRA Share Certificates
- IRA Certificates require a minimum deposit of $500. Choose a term of 6, 12, 18, 24, or 36
month for an IRA Share Certificate.
- Dividends are compounded and paid monthly. Earn a guaranteed fixed rate over the term of your investment with no risk to your principal deposit.
- An early withdrawal penalty may be imposed by the Credit Union. Federal law may impose a special penalty tax for the early withdrawal of IRA funds.
- Your IRA Share Certificates are insured to $100,000 by the National Credit Union Administration, an agency of the U.S. Government.
