Certificates and IRAs

Share Certificates

A certificate account earns dividends based on the opening balance and term invested. It allows you to earn higher dividends on larger account balances that are deposited for longer time periods. The minimum balance to open a share certificate is $500. Your savings are insured by the National Credit Union Administration (NCUA) to $100,000 and additionally insured to $250,000 by Excess Share Insurance (ESI). Click here for today's Certificate Rates

Individual Retirement Accounts (IRAs)

An IRA is a tax favored plan to accumulate retirement funds. Your contributions may be tax deductible and dividend earnings are tax deferred. Anyone living under the age of 70 1/2 that has earned income is eligible to open an IRA. Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government, the National Credit Union Administration, a U.S. Government Agency, and up to an additional $250,000 by Excess Share Insurance, for a total of $350,000. IRAs are separately insured to $250,000 by the National Credit Union Administration, a US Government Agency, and a additional $250,000 by Excess Share Insurance, for a total of $500,000. For more specific information regarding IRAs contact your local branch. Click here for today's IRA Rates