Investments/Savings

IRA Share Certificates

Features:

  • $500 minimum balance requirement for Traditional IRA Certificates
  • $50,000 minimum balance requirement for Jumbo IRA Certificates
  • Dividends are compounded daily and paid monthly
  • Terms ranging from 12 months to 60 months
  • Traditional and Roth accounts are available
  • Jump-up option allows you to "jump up" to a higher dividend rate once during your term (available for 16 month and 28 month terms only)
  • Funds are fully insured up to at least $250,000 by the National Credit Union Administration (NCUA)

Benefits:

  • Potential tax-deductible or tax-free earnings
  • Higher dividend rates than our regular Share Certificates, Savings Accounts, and Money Market Accounts
  • Dividends may be posted to your IRA Savings Account or reinvested into your IRA Share Certificate each month
  • Smart Money Rewards members receive a special interest rate that's 0.25% higher

Apply Today!

If you would like to open an IRA Share Certificate, please come into one of our branches to fill out an application with the help of an experienced professional.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.Co-OpMoney PassSUM
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All rights reserved 2008 MIT Federal Credit Union 700 Technology Square Cambridge MA (p) 617-253-2845 (f) 617-258-5709
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