IRAs

Take control of your future -- and save on your income taxes -- by investing in a NEFCU Individual Retirement Account (IRA). Choose from Roth, Coverdell Education Savings, SEP and Traditional IRAs.
Save for your retirement, your child's post-secondary education or for your first house:

  • minimum $5 investment (on 18 month, variable rate) 
  • no maintenance fees, so every dollar stays in your account earning interest 
  • competitive dividend rates are earned daily and compounded and paid quarterly 
  • federally insured up to $250,000 per member by the National Credit Union Administration. Additional coverage may apply based on ownership of account - details and restrictions.

ROTH IRA (fixed rate) - special

  • Effective:  11-24-2014
Minimum to Open Current Rate Annual Percentage Yield Alert Me
SPECIAL - 9 month certificate $ 1,000 .65% .65%
Early withdrawal penalties may apply.
 

ROTH IRA (variable rate)

  • Effective:  11-24-2014
Under $25,000 $25,000 and Over
Minimum to Open Current Rate Annual Percentage Yield Current Rate Annual Percentage Yield Alert Me
18 month certificate $5 1.05% 1.05% 1.20% 1.21%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
 

ROTH IRA (fixed rate)

  • Effective:  11-24-2014
Under $25,000 $25,000 and Over
Minimum to Open Current Rate Annual Percentage Yield Current Rate Annual Percentage Yield Alert Me
1 year certificate $1,000 .60% .60% .75% .75%
2 year certificate $1,000 .85% .85% 1.00% 1.00%
3 year certificate $1,000 1.05% 1.05% 1.20% 1.20%
5 year certificate $1,000 1.70% 1.71% 1.85% 1.86%
Early withdrawal penalties may apply.
 

Roth Share Account

  • Effective:  11-24-2014
Minimum to Open Current Rate Annual Percentage Yield Alert Me
Roth Share Account $5 0.20% 0.20%
Rates are subject to change after account opening.
 

Traditional IRA

  • Effective:  11-24-2014
Under $25,000 $25,000 and Over
Minimum to Open Current Rate Annual Percentage Yield Current Rate Annual Percentage Yield Alert Me
IRA Share Account $5 0.20% 0.20% 0.20% 0.20%
Rates are subject to change after account opening.
 

Traditional IRA (fixed rate) - special

  • Effective:  11-24-2014
Minimum to Open Current Rate Annual Percentage Yield Alert Me
SPECIAL - 9 month certificate $ 1,000 .65% .65%
Early withdrawal penalties may apply.
 

Traditional IRA (variable rate)

  • Effective:  11-24-2014
Under $25,000 $25,000 and Over
Minimum to Open Current Rate Annual Percentage Yield Current Rate Annual Percentage Yield Alert Me
18 month certificate $ 5 1.05% 1.05% 1.20% 1.21%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
 

Traditional IRA (fixed rate)

  • Effective:  11-24-2014
Under $25,000 $25,000 and Over
Minimum to Open Current Rate Annual Percentage Yield Current Rate Annual Percentage Yield Alert Me
1 to 2 years $ 1,000 .60% .60% .75% .75%
2 to 3 years $ 1,000 .85% .85% 1.00% 1.00%
3 to 5 years $ 1,000 1.05% 1.05% 1.20% 1.20%
5 years $ 1,000 1.70% 1.71% 1.85% 1.86%
Early withdrawal penalties may apply.