Individual Retirement Accounts (IRAs)
IRAs available in both Certificate and Club Account form.
- IRA Certificate – Earn a higher rate of interest than a Club Account
- IRA Club Account – Withdraw funds at any time without penalty
How does each type of IRA differ? Here you go!
- Traditional IRA – Savings account allowing for annual contributions, which may be tax deductible.
- Roth IRA – Invest your after-tax dollars today, let the investment grow tax-deferred, and withdraw your principal and earnings tax-free. Subject to eligibility requirements.
- Rollover IRA – Transfer funds from another institution or qualified retirement plan.
- Coverdell Education Savings Account (formerly Education IRA) – Investment tool designed to help save for a child’s education expenses.
Regardless of type, all Safe 1 IRAs offer:
- No annual fee
- Dividends paid monthly
- Funds federally insured up to $250,000 by the National Credit Union Administration (NCUA)
Individual Retirement Account (IRA) Certificates
Effective as of March 1, 2025| CERTIFICATE TERM | ANNUAL PERCENTAGE YIELD | DIVIDEND RATE | RELATIONSHIP REWARDS!* ANNUAL PERCENTAGE YIELD | RATE TYPE |
|---|---|---|---|---|
| 3 - 5 Months | 1.00% | 0.99% | 1.50% | Fixed |
| 6 - 11 Months | 1.25% | 1.24% | 1.75% | Fixed |
| 12 - 23 Months | 1.75% | 1.74% | 2.25% | Fixed |
| 20-Month IRA Certificate | 1.75% | 1.74% | 2.25% | Fixed |
| 24-Month Bump-Up | 2.00% | 1.98% | Variable |
$1,000 minimum opening deposit / $1,000 minimum required to earn dividends / Dividends paid monthly
* To learn more about RELATIONSHIP REWARDS! and how to qualify, simply click here!
Subject to penalties for early withdrawals
Account agreement and fee schedule available at any Safe 1 branch office
Individual Retirement Account (IRA) Club
Effective as of March 1, 2025| ACCOUNT NAME | ANNUAL PERCENTAGE YIELD | DIVIDEND RATE |
|---|---|---|
| Individual Retirement Account (IRA) Club | 0.15% | 0.15% |
$50 minimum opening deposit / $50 minimum required to earn dividends / Dividends paid monthly / Rate is variable