Individual Retirement Accounts (IRA)

A wide variety of IRA and IRA Certificate accounts are available for our members. Deposits are federally insured up to $250,000 per account by the National Credit Union Administration.

IRA Accounts

The traditional IRA savings account pays interest monthly. The maximum deposit allowed for 2015 is $5,500 or the amount of your taxable compensation for the year, whichever is the smaller amount. Check for the rate currently in effect now.

Roth IRA

Click here for Contribution Information.

Coverdell Education Savings Account IRA

Coverdell Education Savings Account (ESA) IRA programs – Special IRS rules may apply and you should consult your tax advisor and consider special IRA rules before investing. We offer very competitive rates and a variety of options.

If you have questions on how a Roth or ESA IRA may benefit you, contact Member Services at (616) 364-7283 or toll free at (888) 364-6928 or email Member Services at memberservice@fedcomcu.com.

IRA Certificate of Deposit

IRA Certificates are available in terms from 6 to 60 months. All certificates must be opened with a minimum of $500.00. Certificate interest is paid monthly. Penalties apply for early withdrawal; contact Member Services at (616) 364-7283 or toll free at (888) 364-6928 or email Member Services at memberservice@fedcomcu.com for more details on opening a certificate or for penalty information.