Traditional IRA
Earn now, pay later. A Traditional IRA is an individual retirement account. Contributions may be tax-deductible and grow on a tax-deferred basis while you earn dividends like a certificate with fixed terms of 6-36 months.
- Open with $100 minimum deposit
- Contributions may be tax deductible
- Earnings are tax-deferred
- Up to 4.00% APY with dividends paid monthly
- Automatic renewal at maturity
Roth IRA
Pay now, save later. A Roth IRA is an individual retirement account. Fewer age restrictions allow you to keep contributing so your account can continue to grow with tax-free earnings and distributions.
- Earnings and distributions are tax-free
- No age limit on contributions
- No required distribution at age 72
- Up to 4.00% APY with dividends paid monthly
- Automatic renewal at maturity
Please consult your tax advisor for possible tax benefits associated with a Members 1st Credit Union Traditional or Roth IRA.
Rates
Special IRA Promotion
APY
Special IRA Promotion
7-Month Certificate
$100 Minimum Deposit3.25%
15-Month Certificate
$100.00 Minimum Deposit4.00%
Interest is paid at the end of the month to the certificate or to a savings/flex checking account.
*May be subject to penalty for early withdrawal
IRA Amounts
APY
IRA Amounts
1.70%
1.85%
1.95%
2.05%
2.10%
1.75%
1.90%
2.0%
2.10%
2.15%
1.80%
1.95%
2.05%
2.15%
2.20%
1.85%
2.0%
2.10%
2.20%
2.25%
Interest is paid at the end of the month to the certificate or to a savings/flex checking account.
*May be subject to penalty for early withdrawal
Special IRA Promotion
APY
Special IRA Promotion
7-Month Certificate
$100 Minimum Deposit3.25%
15-Month Certificate
$100.00 Minimum Deposit4.00%
Earn a rate of 4.00% APY* for 15 months or 3.25% APY* for 7 months
Get this limited-time IRA rate.Offer available for a limited time and subject to change. $100 minimum deposit. Penalty imposed for early withdrawal.
How to Open an IRA
- Visit your nearest branch to open your IRA
- Choose your desired term and APY
- Deposit money to fund your IRA
- Download the mobile app to track your savings progress
IRA Calculator
Enter an amount to compare your savings options and see how much interest you could earn.Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.