Penn State Federal Credit Union



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Products / Share Certificates/IRAs

Share Certificate*

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

Share Certificates 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

Interest rates

*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.