With as little as $50, you can open up an IRA account that pays a high quarterly dividend. It is an open-ended account that you can contribute to at your own convenience. There are no service charges and no annual fees.
If you wish, you can direct all or part of your IRA into an IRA Term Share Certificate. This enables you to earn the highest return possible with terms from six months to five years. 


Traditional IRA-Savings (Share) or Traditional IRA-CD (Term Share Certificate)

An individual Retirement Account, or IRA, is a tax-sheltered savings program. As the name implies for both, they are individual accounts and cannot have a joint owner. Both are tax-favored investments that are ideal for buildings savings that will supplement a participant's Social Security and company pension benefits. Earnings are always tax-deferred until withdrawn. Interest earned on an IRA is not included on the 1099-INT statement the member will receive for other interest-bearing accounts. Regular contributions may be tax-deductible, which means it reduces the contributor's taxable income in the year for which they made the contribution.


For the IRA-Savings, refer to Truth-in-Savings Share and Share Draft Disclosures for complete list of terms and penalties. For IRA-CD, refer to Truth-in-Savings Term Share Certificate Disclosure for complete list of terms and penalties.


Roth IRA-CD (Term Share Certificate)

An individual Retirement Account, or IRA, is a tax-sheltered savings program. This is an individual account and cannot have a joint owner. It is a tax-favored investment that is ideal for building savings that will supplement a participant's Social Security and company pension benefits.

Earnings are always tax-deferred until withdrawn. Interest earned on an IRA is not included on the member's 1099-INT statement. Earnings may be withdrawn tax-free if the owner has a qualified distribution: the IRA owner is 59 1/2 or older, is disabled, is deceased, or the distribution qualifies as a first-time home purchase, AND the IRA owner has had a Roth IRA for 5 years. Refer to Truth-in-Savings Term Share Certificate Disclosure for complete list of terms and penalties.


For detailed information about each type of IRA, you can pick up a special IRA brochure at any branch office . To open an IRA Account, please visit any of our locations or call our Service Support Center at (915) 593-5866 or toll free at 1-888-373-328.


Adding To Your Security

Your savings are insured up to $250,000 per member by the National Credit Union Administration, a U.S. Government Agency.