IRAs
Traditional IRA
Accumulation Accounts: The
minimum balance to open an IRA account is $5.00, with dividends
starting at a balance of $0.01. Each member under age 50 may deposit
up to $3,000.00 annually per federal regulations. Each member over age
50 may deposit up to $3,500.00 annually per federal regulations.
Rollovers and Transfers are accepted.
Roth IRA
Accumulation Accounts: The
minimum balance to open a Roth IRA account is $5.00, with dividends
starting at a balance of $0.01. Each member under age 50 may deposit
up to $3,000.00 annually per federal regulations. Each member over age
50 may deposit up to $3,500.00 annually per federal regulations.
Rollovers and Transfers are accepted.
Traditional IRA
Share Certificates: IRA
Certificates are available with terms from 3 months through 60 months.
IRA Certificates pay a competitive dividend rate. Members are sent
notification in the mail prior to the mature date. The certificate
automatically renews at maturity unless notified by the member.
Current share certificate dividend rates also apply to Traditional IRA
Share Certificates.
Roth IRA Share Certificates:
Roth IRA Certificates are available with terms from 3 months through
60 months. Current share certificate dividend rates also apply to Roth
IRA Share Certificates.
