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 

Your deposits are 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:  09-21-2017
Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
SPECIAL - 30 month certificate $ 1,000 1.25% 1.26%
Early withdrawal penalties may apply.
 

Roth IRA (variable rate)

  • Effective:  09-21-2017
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
18 month certificate $5 Under $25,000 1.05% 1.05%
$25,000 and Over 1.20% 1.21%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
 

Roth IRA (fixed rate)

  • Effective:  09-21-2017
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
1 year certificate $1,000 Under $25,000 .85% .85%
$25,000 and Over 1.00% 1.00%
2 year certificate $1,000 Under $25,000 1.00% 1.00%
$25,000 and Over 1.15% 1.15%
3 year certificate $1,000 Under $25,000 1.20% 1.21%
$25,000 and Over 1.35% 1.36%
5 year certificate $1,000 Under $25,000 1.90% 1.91%
$25,000 and Over 2.05% 2.07%
Early withdrawal penalties may apply.
 

Roth Share Account

  • Effective:  09-21-2017
Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
Roth Share Account $5 .15% .15%
Rates are subject to change after account opening.
 

Traditional IRA

  • Effective:  09-21-2017
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
IRA Share Account $5 Under $25,000 .15% .15%
$25,000 and Over .15% .15%
Rates are subject to change after account opening.
 

Traditional IRA (fixed rate) - special

  • Effective:  09-21-2017
Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
SPECIAL - 30 month certificate $ 1,000 1.25% 1.26%
Early withdrawal penalties may apply.
 

Traditional IRA (variable rate)

  • Effective:  09-21-2017
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
18 month certificate $5 Under $25,000 1.05% 1.05%
$25,000 and Over 1.20% 1.21%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
 

Traditional IRA (fixed rate)

  • Effective:  09-21-2017
Term Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
1 to 2 years $1,000 Under $25,000 .85% .85%
$25,000 and Over 1.00% 1.00%
2 to 3 years $1,000 Under $25,000 1.00% 1.00%
$25,000 and Over 1.15% 1.15%
3 to 5 years $1,000 Under $25,000 1.20% 1.21%
$25,000 and Over 1.35% 1.36%
5 years $1,000 Under $25,000 1.90% 1.91%
$25,000 and Over 2.05% 2.07%
Early withdrawal penalties may apply.