INDIVIDUAL RETIREMENT ACCOUNTS

No matter how far off retirement seems to be, it's a good idea to take advantage of our IRA services.

Traditional IRAs

Annual contributions to this type of IRA may be partially or fully tax-deductible in the year in which they are made. Distributions from a traditional IRA are generally taxable upon withdrawal. To learn more, visit our IRA Service Center.

Roth IRAs

While Roth IRA contributions are not deductible during the year in which they are made, distributions can generally be taken tax-free. To learn more, visit our IRA Service Center.

IRA Savings Accounts

Variable IRA accounts: These accounts have the same features as our Variable Rate Certificate accounts mentioned above. The only difference is that they are used to save for an IRA.

IRA accounts: The IRA account is similar to our Share Savings account, with dividends compounded and paid each quarter. Dividends are earned from the date of deposit until the date of withdrawal. There is no term on this type of account.

Fixed Rate Certificate IRA accounts: These accounts have the same features as our Fixed Rate Certificate accounts mentioned above. The only difference is that they are used to save for an IRA.

Coverdell Education Savings Accounts

These accounts were created to help parents pay for the education of their dependent children. Designate an account for each child, and start saving early. Then you won't have to stress over a tuition bill when they turn 18.

• Contribute up to $2,000 per tax year
  
• Earnings will be distributed tax free if used to pay for elementary, secondary school or college education expenses.

Have Questions? Just ask.

Full Rate Details

Account Disclosures

Variable Certificate & IRA Accounts — dividends are compounded and paid quarterly on the first day of the next dividend period. A penalty may apply if the certificate is redeemed prior to maturity. Certificates will automatically renew upon maturity unless otherwise stipulated by the member.