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 4.15% 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 4.15% 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
5-Month Certificate
$100 Minimum Deposit4.15%
11-Month Certificate
$100 Minimum Deposit3.75%
IRA Amounts
APY
IRA Amounts
$100-$2,499
6 Months
12 Months
18 Months
24 Months
36 Months
2.70%
2.85%
2.95%
3.05%
3.10%
$2,500-$24,999
6 Months
12 Months
18 Months
24 Months
36 Months
2.75%
2.90%
3.00%
3.10%
3.15%
IRA Amounts
APY
IRA Amounts
$25,000-$99,999
6 Months
12 Months
18 Months
24 Months
36 Months
2.80%
2.95%
3.05%
3.15%
3.20%
$100,000+
6 Months
12 Months
18 Months
24 Months
36 Months
2.85%
3.00%
3.10%
3.20%
3.25%
Dividends are paid at the end of the month to the deposit account of your choosing.
Special IRA Promotion
APY
Special IRA Promotion
5-Month Certificate
$100 Minimum Deposit4.15%
11-Month Certificate
$100 Minimum Deposit3.75%
IRA Amounts
APY
IRA Amounts
$100-$2,499
6 Months
12 Months
18 Months
24 Months
36 Months
2.70%
2.85%
2.95%
3.05%
3.10%
$2,500-$24,999
6 Months
12 Months
18 Months
24 Months
36 Months
2.75%
2.90%
3.00%
3.10%
3.15%
$25,000-$99,999
6 Months
12 Months
18 Months
24 Months
36 Months
2.80%
2.95%
3.05%
3.15%
3.20%
$100,000+
6 Months
12 Months
18 Months
24 Months
36 Months
2.85%
3.00%
3.10%
3.20%
3.25%
Dividends are paid at the end of the month to the deposit account of your choosing.
Make it rain with our
Limited-Time Certificate Specials*
Earn a rate of 4.15% APY* for 5 monthsor 3.75% APY* for 11 months
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 different savings options and explore the potential dividends 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.
*Annual Percentage Yield (APY) is accurate as of July 1, 2025. The dividend rate and APY may change at any time. Dividends are paid monthly. The APY is based on an assumption that dividends will remain in the account until maturity. Any fees, withdrawals or transfers reduces earnings and there may be penalties for early withdrawal. The minimum deposit for all IRAs is $100. There is no minimum daily balance requirement to obtain the APY.