CDs & IRAs

Certificate of Deposit (CD) and Individual Retirement Accounts (IRAs) offer significant benefits to credit union members. Firstly, CDs provide a secure and reliable investment option with guaranteed returns. By locking in a specific amount of money for a predetermined period, members can earn higher interest rates compared to regular savings accounts. 

Secondly, IRAs offer credit union members a tax-advantaged way to save for retirement. Whether it's a Traditional IRA or a Roth IRA, these accounts provide individuals with various tax benefits, such as tax-deductible contributions or tax-free withdrawals in retirement.

Money growing.

Certificates of Deposit

Our highest dividend-earning savings option, this account features:

  • $1,000.00 minimum opening deposit
  • 6, 12, and 24 month terms
  • Fixed dividend rates paid quarterly
  • Available automatic renewal at maturity
  • Penalty for premature withdrawal
Older retired woman smiling.

Individual Retirement Account (IRA)

An IRS qualified retirement option, this account features:

  • Traditional & ROTH type
  • Tax deferred earnings or withdrawals on deposited funds
  • Possible tax-deductible contributions (see your tax advisor)
  • Rollover contributions from other qualified retirement plans
  • Regular scheduled disbursements upon retirement

Interested in a CD or IRA?