Products / CDs/IRAs
Certificate of Deposit (CD)*
Fixed terms from 6 to 60 months
Fixed dividend rates
$500 minimum balance & opening deposit
$500 balance earns dividends
Early withdrawal fee
Compounded & monthly paid to share dividends plans are available
CDs are limited risk investments & are insured by the NCUA
Individual Retirement Account (IRA)**
Traditional, ROTH & Educational IRAs are available in certificate or accumulative terms
Certificate IRAs
Fixed terms from 6 to 48 months
Fixed dividend rates
$500 minimum balance & opening deposit
$500 balance earns dividends
Early withdrawal fee
Accumulative IRAs
No fixed term
Adjustable dividend rates
No minimum balance or opening deposit
$100 balance earns dividends
Additional Resources
*Share saving accounts are considered non-transactional and therefore the number of automatic, preauthorized & telephone transfers are restricted by Regulation D to six (6) per month.
**IRA types have different purposes, tax & contribution guidelines and are insured by NCUA.
