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.

We are offering a 39-Month “Step-Up” Certificate

Should dividend rates rise during the term of your Certificate, you’ll have a one-time option to “Step Up” to the higher rate (the prevailing 3-5 year certificate rate) for the remainder of the term.

To request the one-time increase, call us at 800.400.8790 or visit a branch.

Table data for Step-Up IRA
 12-17-2018
Type Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
39 month certificate $1,000 2.50% 2.52%
An early withdrawal penalty of 18 months of dividends will apply. Rates are subject to change after account opening.

Table data for ROTH IRA (fixed rate) - special
 12-17-2018
Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
SPECIAL - 30 month certificate $ 1,000 2.50% 2.52%
SPECIAL - 15 month certificate $1,000 1.90% 1.91%
Early withdrawal penalties may apply.
Table data for Roth IRA (variable rate)
 12-17-2018
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
18 month certificate $5 Under $25,000 1.50% 1.51%
$25,000 and Over 1.65% 1.66%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
Table data for Roth IRA (fixed rate)
 12-17-2018
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
1 to 2 years $1,000 Under $25,000 1.55% 1.56%
$25,000 and Over 1.70% 1.71%
2 to 3 years $1,000 Under $25,000 1.85% 1.86%
$25,000 and Over 2.00% 2.02%
3 to 5 years $1,000 Under $25,000 2.00% 2.02%
$25,000 and Over 2.15% 2.17%
5 years $1,000 Under $25,000 3.00% 3.03%
$25,000 and Over 3.15% 3.18%
Early withdrawal penalties may apply.
Table data for Roth Share Account
 12-17-2018
Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
Roth Share Account $5 .40% .40%
Rates are subject to change after account opening.
Table data for Traditional IRA
 12-17-2018
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
IRA Share Account $5 Under $25,000 .40% .40%
$25,000 and Over .40% .40%
Rates are subject to change after account opening.
Table data for Traditional IRA (fixed rate) - special
 12-17-2018
Minimum to Open Dividend Rate Annual Percentage Yield Alert Me
SPECIAL - 30 month certificate $ 1,000 2.50% 2.52%
SPECIAL - 15 month certificate $1,000 1.90% 1.91%
Early withdrawal penalties may apply.
Table data for Traditional IRA (variable rate)
 12-17-2018
Type Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
18 month certificate $5 Under $25,000 1.50% 1.51%
$25,000 and Over 1.65% 1.66%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
Table data for Traditional IRA (fixed rate)
 12-17-2018
Term Minimum to Open Balance Tier Dividend Rate Annual Percentage Yield Alert Me
1 to 2 years $1,000 Under $25,000 1.55% 1.56%
$25,000 and Over 1.70% 1.71%
2 to 3 years $1,000 Under $25,000 1.85% 1.86%
$25,000 and Over 2.00% 2.02%
3 to 5 years $1,000 Under $25,000 2.00% 2.02%
$25,000 and Over 2.15% 2.17%
5 years $1,000 Under $25,000 3.00% 3.03%
$25,000 and Over 3.15% 3.18%
Early withdrawal penalties may apply.