Traditional IRA Certificate
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 $1,000 minimum deposit
- Contributions may be tax deductible
- Earnings are tax-deferred
- Up to 0.80% APY with dividends paid monthly
- Automatic renewal at maturity
Start saving with a 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 0.80% 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.
How to Get Started
- Visit your nearest branch to open your IRA
- Choose your desired term and APY
- Coordinate a deposit to fund your IRA
- Download the mobile app to track your savings progress
Rates
APY*
Rates
0.30%
0.45%
0.50%
0.65%
0.70%
0.30%
0.45%
0.50%
0.65%
0.70%
0.35%
0.50%
0.55%
0.70%
0.75%
0.40%
0.55%
0.60%
0.75%
0.80%
Interest is paid at the end of the month to the certificate.
*May be subject to penalty for early withdrawal