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.

Table data for IRA Share Account
 07-13-2020
Minimum to Open & Earn APY Dividend Rate Annual Percentage Yield Alert Me
IRA Share Account $5 .30% .30%
Rates are subject to change after account opening.
Table data for IRA Variable Rate Certificate
 07-13-2020
Type Minimum to Open & Earn APY Balance Tier Dividend Rate Annual Percentage Yield Alert Me
18 month certificate $5 Under $25,000 1.00% 1.00%
$25,000 and Over 1.15% 1.15%
Rates are subject to change after account opening. Early withdrawal penalties may apply.
Table data for IRA Fixed Rate
 07-13-2020
Term Minimum to Open & Earn APY Balance Tier Dividend Rate Annual Percentage Yield Alert Me
12 to 23 Months $1,000 Under $25,000 .60% .60%
$25,000 and Over .75% .75%
24 to 35 Months $1,000 Under $25,000 .70% .70%
$25,000 and Over .85% .85%
36 to 59 Months $1,000 Under $25,000 .80% .80%
$25,000 and Over .95% .95%
60 Months & Above $1,000 Under $25,000 .90% .90%
$25,000 and Over 1.05% 1.05%
Early withdrawal penalties may apply.