It’s never too early or too late to think about retirement. Save for the retirement you deserve.

Rates

Key Features

  • Competitive Dividends
  • Tax Advantages1
  • No Setup or Maintenance Fees
  • Competitive interest above standard savings rates
  • Minimum opening deposit varies by product1
  • Multiple types of retirement accounts to choose from2
    • Several variable-rate IRA savings accounts to choose from
    • Fixed-rate Traditional IRA Certificates available from 3 months to 60 months3
  • If eligible, contribute up to the maximum IRS contribution limit each tax year4
  • If eligible, an additional $1,000 "catch-up" contribution may be allowed for those over 504
  • No opening, maintenance, or annual fees5

Choosing the Right IRA

How much will you need to fund your retirement? Use our calculator.

Additional Information

How much will you need to fund your retirement? Use our calculator.

Visit us today to discuss your options and open an IRA.

There are advantages to Traditional IRAs. One of the biggest advantages is that contributions may be tax deductible.4

  • Eligible contributions are based on age and income, and may be tax deductible4
  • Earnings are tax-deferred until they are eligible to be withdrawn
  • Withdrawals with no government early withdrawal penalty can begin at age 59½
  • Required Minimum Distribution (RMD) is mandatory at age 726

Visit us today to discuss your options and open an IRA.

Find out whether a Traditional or Roth IRA is better for you with our calculator.

There are advantages to Roth IRAs. One of the biggest advantages is that you may be able to withdraw contributions tax and penalty-free.4

  • Eligibility is required to make contributions4
  • Contributions are not tax-deductible
  • Earnings grow tax-free
  • Principal contributions may be able to be withdrawn without penalty4
  • No mandatory distribution is required during your lifetime4

Visit us today to discuss your options and open an IRA.

Find out whether a Traditional or Roth IRA is better for you with our calculator.

  • A SEP IRA is ideal for small businesses and self-employed individuals4
  • Contributions can only be made by the employer and are tax deductible by the employer 
  • Annual contribution limits per employee exists4
  • Typically, the eligible employee must open a Traditional IRA, then the employer can make contributions 
  • Minimum deposit to open varies by product

Visit us today to discuss your options and open an IRA.

Setting up aTraditional IRA Certificate2 allows you to benefit from certain tax advantages1 — while taking your retirement savings into your own hands.

Your money may be locked in for a while, so it’s important to choose one that falls in line with your long-term goals. Contact us or visit us to learn more.

  • Traditional and Roth options available2
  • Earn variable rate dividends on balances of $1,000 or more
  • No minimum deposit to open

Visit us today to discuss your options and open an IRA.

Just like our Payback Savings, we offer higher dividend rates on our Payback IRA7 — rewarding members who rely on Family Trust for most of their banking needs.

  • Great variable rate investment option for a Traditional 401(k) Rollover
  • Only offered for Traditional IRA contributions2

Visit us today to discuss your options and open an IRA.

Create an easier transition into college for yourself and the child in your life by setting up a Coverdell Education Savings account early. Use it to pay for qualified education expenses such as tuition, fees, books and more.4

  • Set aside funds for a child's education4
  • Dividends grow tax-deferred
  • Withdrawals are tax-free when used for qualified education expenses4
  • Child must be under 18 when contributions are made
  • Must be eligible to contribute to an ESA, and contribution limits apply4
  • Contributions are not tax deductible
  • Unused ESA funds may be eligible to be transferred to another member of the family4
  • No opening, maintenance or annual fee4
  • $100 minimum deposit to open1

Visit us today to discuss your options and open an IRA.

1. Must meet Membership and eligibility requirements to open account.

2. Refer to the Account Rate Sheet for product type and terms offered. 

3. After the fixed rate certificate is opened, the dividend rate is fixed for the term. A penalty may be imposed for early withdrawals. Fees and withdrawals could reduce earnings.  

4. Consult a tax advisor. 

5. A $5 statement by mail fee applies to accounts without e-statements. E-statement enrollment is required. Fee is waived for members with Premier Choice Checking, members under age 18 or over age 60, and for accounts that have a monthly direct deposit of $100 or more. 

6. Your required minimum distribution is the minimum amount you must withdraw from your account each year. You generally have to start taking withdrawals from your IRA, SEP IRA, SIMPLE IRA, or retirement plan account when you reach age 72 (70 ½ if you reach 70 ½ before January 1, 2020).  

7. If the Payback IRA qualifications are not met each month, the rate earned will revert to the Prime Share rate paid during that month. Must meet four out of six qualifications each month: (1) Have a personal checking account in good standing (excluding Business Checking and HSA Checking accounts). (2) Have a Debit Card or a Credit Card and use it a minimum of 10 times as a credit (signature-based) transaction that posts during each month. (3) Log in to online or mobile banking at least once each month. (4) Have ACH direct deposits that total at least $100 each month. (5) Have an active auto, personal, home equity, or home equity lines of credit loan with at least one transaction (payment, purchase, cash advance or balance transfer) that posts during each month. (6) Have a first mortgage originated with Family Trust, whether serviced or sold, with at least one payment that posts during each month. 

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