Individual Retirement Account (IRA) disclosures, rates and fees

Individual Retirement Account (IRA) savings rates
Effective Date: Monday, February 26th, 2024
AccountMinimum balance to earn dividends*Dividend rateAnnual Percentage Yield (APY)
Individual Retirement Account (IRA) savings $5 0.15% 0.15%
The minimum balance to open an IRA savings account is $0.00.
* Minimum balance that must be maintained each day to earn dividends.

Visit a branch | Open IRA savings

IRA features

  • No monthly or annual fee

  • Low minimum opening deposit of $5

  • Account balances are used to calculate Member Merits rewards

  • Accounts are federally insured by the NCUA up to $250,000

  • $25 early closure fee if account is held less than 180 days

  • Four IRA Savings accounts to choose from

    • Traditional IRA

    • Roth IRA

    • SEP IRA (Simplified Employee Pension Individual Retirement Agreement)

    • Coverdell ESA (Education Savings Account)

Visit a branch | Open IRA savings

Go to main navigation