Deposit Accounts
Savings Accounts
IRA Accounts
Make the most of your retirement fund by placing it at RTP Federal Credit Union. Choose from Traditional, Roth and Coverdell Education Savings Accounts. IRA Certificates are also available.
Choose from three kinds of IRA:
- Traditional – You contribute income before it's taxed and enjoy tax-deferred earnings until retirement when withdrawals are subject to taxes.
- Roth – You contribute income after taxes and enjoy tax-free earnings until retirement when withdrawals can be tax-free.
- Coverdell Education – A tax-deferred plan that lets you save funds for college.
Account Features:
- Minimum Deposit: $25
- Interest is compounded daily and posted monthly.
- Home Banking
- TouchTone Teller
Rates effective July 1, 2010 and subject to change.
| Savings Accounts | Dividend Rate | APY* | Minimum Balance |
|---|---|---|---|
| Traditional IRA | 1.25% | 1.26% | $25 |
| Roth IRA | 1.25% | 1.26% | $25 |
| Education IRA | 1.25% | 1.26% | $25 |
*APY = Annual Percentage Yield
IRA Certificate Rates**
Rates effective July 1, 2010 and subject to change.
| Term | Dividend Rate | APY* | Minimum Deposit |
|---|---|---|---|
| 6 Months | .45% | .45% | $250 |
| 12 Months | .70% | .70% | $250 |
| 18 Months | .75% | .75% | $250 |
| 24 Months | 1.20% | 1.21% | $250 |
| 36 Months | 1.45% | 1.46% | $250 |
*APY = Annual Percentage Yield
**Penalty for early withdrawal on IRA Certificate Accounts.
**Penalty for early withdrawal on IRA Certificate Accounts.
View All Current Savings Rates
