Individual Retirement Accounts (IRAs)


The Credit Union’s IRA program allows you to lock your retirement funds into a higher rate for a specific term.

IRA Share Account Features

  IRA shares can accept deposits throughout the year, with the same rules that apply to all IRAs.
  Low minimum balance to open account $100.
  Interest is paid quarterly.
  Pays a progressively higher rate on increasing balances.
  Federally insured to at least $250,000 by the NCUA.

IRA Certificate Features

  IRA Certificate terms range from one to five years.
  Minimum balance of $1,000.
  Interest is paid quarterly.
  Jumbo rates may be available for over $10,000 and $25,000 in IRA Certificates.
  Federally insured to at least $250,000 by the NCUA.

Early withdrawal penalties apply to certificate programs. See Rate Sheet for more details.

Compounding: Time is Money – Compounding cents into dollars

You may think they’re young and broke, but they’ve got at least one asset that all those successful older people don’t have: time. In this video we show what their money can do with a little – or even better, a lot – of it. We show viewers what they should know about compounding interest and how to make their money, age and time work for them.