Investments
Certificate of Deposit (CD)
-
Terms from 6 to 36 Months.
-
Low minimum deposit of $1,000.
-
Earn competitive Rates on a Certificates of Deposit.
-
Fully Insured by NCUSIF (see Dep Insurance Page).
-
Dividend rate guaranteed throughout the term.
-
Maximum return with Dividends compounded and posted Quarterly.
-
At end of term, you will receive a maturity notice with 10-day grace period.
-
New Deposit Policy limits to $100,000.
CD Jumbo & Rate Match
|
CD Jumbo Bonus |
+5 Basis Points over $50,000 or
+10 Basis Points over $100,000 |
|
CD Rate Match |
Match Competitor Rate up to 25 Basis Points |
Individual Retirement Account (IRA)
Traditional and Roth accounts are available for your future saving goals and insured to $250,000 by the NCUA. IRA contributions may be tax deductible or tax deferred (ask your Tax Advisor for information). Tax-deferred Dividends paid Quarterly. Contribution Limit for 2019/2020 is $6,000.
Click links to learn more about Traditional or Roth IRAs. New Deposit Policy limits to $100,000.
Frequently Asked Questions
IRA Comparison
|
|
Traditional |
Roth |
|
Deductible Contributions? |
Yes |
No |
|
Tax Deferred Earnings? |
Yes |
Not after Age 59 1/2 |
|
Early Withdraw Penalty? |
Yes, 10% prior to 59 1/2 |
No |
|
Contributions Age Limited? |
Yes, at 70 1/2 |
No |
|
Withdrawal Requirement? |
Yes, at 70 1/2 |
No |