IRA (Individual Retirement Account)
NCUA insured credit unions receive up to $250,000 of protection per individual for the combined total of Traditional and Roth IRAs, self-directed Keoghs, and certain other retirement accounts. These retirement accounts are insured separately from other deposits at the same credit union.

Roth IRA
APY*: 1.00%

This account is designed to help you save for retirement. Contributions are limited to $5,500 for 2013. A special exception applies if you are 50 or older that allows you to contribute an additional $1,000 per year. Earnings are tax-deferred and may be withdrawn tax free. Income and compensation limitations apply. Please contact a tax professional to determine eligibility. For more information, contact the Credit Union.

Traditional IRA

APY*: 1.00%

This account is designed to help you save for retirement. Contributions are limited to $5,500 for 2013. A special exception applies if you are 50 or older that allows you to contribute an additional $1,000 per year. Earnings are tax-deferred and contributions may be tax-deductible. Age and compensation limitations apply. Please contact a tax professional to determine eligibility. Even if you are not able to make contributions, you are still able to open a Traditional IRA to receive funds from other qualified plans, such as a 401k. For more information, contact the Credit Union.

Coverdell ESA

APY*: 1.00%

This account is designed to help pay education expenses for a child. Education expenses include private, public, or parochial elementary, secondary, or post-secondary. Contributions are limited to $2,000 per year per child. Persons other than the child’s parents may make contributions to the account. Contributions are reported in the child’s name and Social Security Number. Earnings are tax free if used for a qualified expense. Please contact the Credit Union for more information.


*Annual Percentage Yield. Rates subject to change without notice. Rates current as of August 22, 2013.