Individual Retirement Accounts (IRAs)
Here's an easy way to save today for a fantastic tomorrow!
We can help set up automatic deposits or transfers to many of these accounts, so your savings continue to build effortlessly.
We can help set up automatic deposits or transfers to many of these accounts, so your savings continue to build effortlessly.
Our new IRA High-Yield Savings Account is an excellent way to protect your earnings and plan for a brighter future! With no cap, monthly fees, or minimum deposit, you can secure your IRA savings without any term restrictions.
Currently earning 4.00% APY on balances $25,000 and greater!
Feature | IRA Passbook Savings | IRA High Yield Savings | EasySave IRA Certificate | IRA Share Certificate |
---|---|---|---|---|
Minimum Deposit | $0 | $0 | $1 | $500 |
Maximum Deposit | $0 | $0 | $6,500 | Unlimited |
Deposit Timing | Anytime | Anytime | Anytime | Upon Opening |
Term | Unlimited | Unlimited | 12 Months | 12 to 60 Months |
Compounding | Quarterly | Monthly | Quarterly | Quarterly |
APY | .10% | View Rate Tiers | 4.00% | View Rate Tiers |
Please consult your tax advisor regarding you specific tax situation. Must meet IRA eligibility requirements for IRA qualifying contribution amount. APY = Annual Percentage Yield. Penalty may be imposed for early withdrawal on certificates.
IRA High Yield Savings: The dividend rate and annual percentage yield are subject to periodic change, as determined by the credit union. Dividends will be compounded monthly and credit to your account every month. If you close your account before dividends are paid, you will not receive the accrued dividends. Balances of $25,000 or more will earn an annual percentage yield of at least 4.00%
Visit Retirement Central® for ideas and information to help you plan for a financially secure retirement.
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OUCU Member