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Individual Retirement Account Rates

"Earn More" Certificates Are Here!

FedChoice now offers Earn More Certificates. This new product is similar to our Earn More Money Market Account in that the dividend rate will be 0.25% higher when you also have a FedChoice checking account. So, to earn this higher rate, you must have a FedChoice checking account; otherwise the "standard" rate will apply.

Please keep in mind, if you open a FedChoice checking account after the certificate was opened, the higher dividend rate will only apply when the certificate renews. Similarly, if you already have a FedChoice checking account and FedChoice certificates, the new higher dividend rate will only apply once the certificate renews.

Calculate dividends

Rates reflect dividends for October 1, 2016 to December 31, 2016. For updated information, inquire at any FedChoice Financial Service Center location or contact our Financial Advisory Center at 301.699.6151/800.969.6151.

IRA Share Account

IRA Share Account Rates
Choose From Traditional IRA * Roth IRA * SEP IRA
Type of Account Minimum Opening
Balance
Minimum Daily
Balance to Earn
Declared Rate
APY*
ROTH, SEP, 
Traditional IRA
Share Accounts
$100.00 $100.00 to
$1,500.00
0.25%
  $1,500.01 $1,500.01 to
$20,000.00
0.35%
  $20,000.01 $20,000.01
and above
0.45%

 

Coverdell ESA Share Account

Coverdell ESA Share Account Rates
Type of Account Minimum Opening
Balance
Minimum Daily
Balance to Earn
Declared Rate
APY*
Coverdell Education
Savings Account
$100.00 $100.00 to
$1,500.00
0.25%
  $1,500.01 $1,500.01 to
$20,000.00
0.35%
  $20,000.01 $20,000.01
and above
0.45%

 

Term Individual Retirement Account rates reflect dividends for July 1, 2016 to July 31, 2016. For updated information, inquire at any FedChoice Financial Service Center location or contact our Financial Advisory Center at 301.699.6151/800.969.6151.

IRA Term Certificates

IRA Term Certificates
Choose From Traditional IRA * Roth IRA * SEP IRA  
Term Minimum Opening
Balance
Dividends Compounded /
Credited
APY* Earn More
APY*
18 Month
IRA
$500 Monthly 0.40% 0.65%
18 Month
IRA Mini-Jumbo
$50,000 Monthly 0.45% 0.70%
18 Month
ROTH IRA
$500 Monthly 0.40% 0.65%
18 Month
ROTH IRA Mini-Jumbo
$50,000 Monthly 0.45% 0.70%
18 Month
SEP IRA
$500 Monthly 0.40% 0.65%
18 Month
SEP IRA Mini-Jumbo
$50,000 Monthly 0.45% 0.70%
60 Month
IRA
$500 Monthly 1.75% 2.00%
60 Month
IRA Mini-Jumbo
$50,000 Monthly 1.80% 2.05%
60 Month
ROTH IRA
$500 Monthly 1.75% 2.00%
60 Month
ROTH IRA Mini-Jumbo
$50,000 Monthly 1.80% 2.05%
60 Month
SEP IRA
$500 Monthly 1.75% 2.00%
60 Month
SEP IRA Mini-Jumbo
$50,000 Monthly 1.80% 2.05%

 

Coverdell ESA Share Certificate

Coverdell ESA Share Certificate  
Term Minimum Opening
Balance
Dividends Compounded / 
Credited
APY* Earn More
APY**
18 Month† $250.00 Monthly 0.40% 0.65%

 

Dividends Compounded and Credited: Monthly. Dividends are paid from current income and available earnings, after required transfers to reserves, after the end of the dividend period. Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement. *Fees: Refer to Service Fees.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

**The Earn More rate is applied to certificates opened by members who have open checking accounts. If you do not have a checking account, the lower "standard" rate will apply. If you open a checking account after a certificate is opened, the Earn More rate will apply only when the certificate renews.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

Term IRA Certificate accounts are subject to substantial penalties for early withdrawal.

†Allows add-on deposits which do not affect the maturity date.



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