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IRA
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 - click here for details and restrictions
| ROTH IRA (fixed rate)1Sept. 10 - Sept. 16, 2010 |
| Under $25,000 | $25,000 and Over | | Minimum to Open | Current Rate | Annual Percentage Yield | Current Rate | Annual Percentage Yield | | 1 year certificate | $ 1,000 | 1.00% | 1.00% | 1.15% | 1.15% | | 2 year certificate | $ 1,000 | 1.35% | 1.36% | 1.50% | 1.51% | | 5 year certificate | $ 1,000 | 2.90% | 2.93% | 3.05% | 3.09% |
| ROTH IRA (fixed rate) - special1Sept. 10 - Sept. 16, 2010 |
| Minimum to Open | Current Rate | Annual Percentage Yield | | SPECIAL- 9 months | $ 1,000 | .90% | .90% |
| ROTH IRA (variable rate)1Sept. 10 - Sept. 16, 2010 |
| Under $25,000 | $25,000 and Over | | Minimum to Open | Current Rate | Annual Percentage Yield | Current Rate | Annual Percentage Yield | | 18 month certificate | $ 5 | 1.25% | 1.26% | 1.40% | 1.41% |
| Roth Share Account1Sept. 10 - Sept. 16, 2010 |
| Minimum to Open | Current Rate | Annual Percentage Yield | | Roth Share Account | $5 | 0.35% | 0.35% |
| Traditional IRA1Sept. 10 - Sept. 16, 2010 |
| Under $25,000 | $25,000 and Over | | Minimum to Open | Current Rate | Annual Percentage Yield | Current Rate | Annual Percentage Yield | | IRA Share Account | $ 5 | 0.35% | 0.35% | 0.35% | 0.35% |
| Traditional IRA (fixed rate) - special1Sept. 10 - Sept. 16, 2010 |
| Minimum to Open | Current Rate | Annual Percentage Yield | | SPECIAL- 9 Months | $ 1,000 | .90% | .90% |
| Traditional IRA (fixed rate)1Sept. 10 - Sept. 16, 2010 |
| Under $25,000 | $25,000 and Over | | Minimum to Open | Current Rate | Annual Percentage Yield | Current Rate | Annual Percentage Yield | | 1 to 2 years | $ 1,000 | 1.00% | 1.00% | 1.15% | 1.15% | | 2 to 3 years | $ 1,000 | 1.35% | 1.36% | 1.50% | 1.51% | | 3 to 5 years | $ 1,000 | 1.80% | 1.81% | 1.95% | 1.96% | | 5 years | $ 1,000 | 2.90% | 2.93% | 3.05% | 3.09% |
| Traditional IRA (variable rate)1Sept. 10 - Sept. 16, 2010 |
| Under $25,000 | $25,000 and Over | | Minimum to Open | Current Rate | Annual Percentage Yield | Current Rate | Annual Percentage Yield | | 18 month certificate | $ 5 | 1.25% | 1.26% | 1.40% | 1.41% |
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