SHARE & IRA CERTIFICATES
INDIVIDUAL RETIREMENT ACCOUNTS
RATES
Share & IRA Certificates
EECU offers high-yield Share & IRA Certificates to meet virtually every investment need. Compare our investment options with those of other financial institutions and you'll probably find that EECU offers higher dividends and more choices.
- Invest a set amount of money for a specific length of time
- Higher investment rates than a regular share account
- IRA certificates offer the additional benefit of certain tax advantages
- Insured by the National Credit Union Share Insurance Fund (NCUSIF), part of the National Credit Union Administration (NCUA), a federal agency.
Individual Retirement Accounts
We offer two types of Individual Retirement Accounts: Traditional and Roth. We also offer the Coverdell Education Savings Account (formerly the Education IRA). All are available as IRA Share Savings or IRA Share Certificates.
Traditional IRA
A savings vehicle that allows you to make annual contributions, all of which may be tax deductible.
Roth IRA
Invest your after-tax dollars, let the investment grow tax-deferred, and withdraw your principal and earnings tax-free after five years.
Coverdell Education Savings
Formerly the Education IRA, is an investment tool designed to help you save for a child's education expenses.
Learn more about Individual Retirement Accounts
All feature:
- No annual fees
- Dividends paid monthly or at maturity (compounded into the certificate balance, transferred to a share account, or mailed to your address on file)
- Insured for up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), part of the National Credit Union Administration (NCUA), a federal agency.
For more information or to open a certificate or an Individual Retirement Account, call our Member Service Center at 1-800-538-3328 or visit any EECU branch. You may also request to open a Share Certificate in Online Access Home Banking and the Mobile App. Complete the Request a Share Certificate form in the New Accounts and Loans menu.
Rates
New Year Certificate Specials
| New Year Certificate Specials January 1 – February 28, 2025 |
||
|---|---|---|
| Type | Term | APY* |
| Share Certificate | 6 months | 4.50%* |
| Share or IRA Certificate | 12 months | 4.50%* |
| Share or IRA Certificate | 18 months | 4.30%* |
*APY = Annual Percentage Yield. Certificate must be opened between 1/1/25 – 2/28/25. Penalty for early withdrawal; fees may reduce earnings. Minimum balance to open and earn the stated APY is $500. All certificate opening funds must have been on deposit with EECU on or before 11/1/2024. EECU membership required. Insured by NCUA.
| Term | Minimum Balance to open | APY* | Dividend Rate |
|---|---|---|---|
| 91 Day | |||
| $500 | 2.63% | 2.60% | |
| $10,000 | 2.68% | 2.65% | |
| $50,000 | 2.73% | 2.70% | |
| $100,000 | 2.78% | 2.75% | |
| 6 Month | |||
| $500 | 2.99% | 2.95% | |
| $10,000 | 3.04% | 3.00% | |
| $50,000 | 3.09% | 3.05% | |
| $100,000 | 3.14% | 3.10% | |
| 1 Year | |||
| $500 | 3.25% | 3.20% | |
| $10,000 | 3.30% | 3.25% | |
| $50,000 | 3.35% | 3.30% | |
| $100,000 | 3.40% | 3.35% | |
| 18 Month | |||
| $500 | 3.30% | 3.25% | |
| $10,000 | 3.35% | 3.30% | |
| $50,000 | 3.40% | 3.35% | |
| $100,000 | 3.45% | 3.40% | |
| 2 Year | |||
| $500 | 3.40% | 3.35% | |
| $10,000 | 3.45% | 3.40% | |
| $50,000 | 3.51% | 3.45% | |
| $100,000 | 3.56% | 3.50% | |
| 3 Year | |||
| $500 | 3.45% | 3.40% | |
| $10,000 | 3.51% | 3.45% | |
| $50,000 | 3.56% | 3.50% | |
| $100,000 | 3.61% | 3.55% |
* Annual Percentage Yields and dividend rates current as of 7:00 a.m. on January 14, 2025. Rates and terms are subject to change without notice. APY assumes principal and dividends remain on deposit for the length of the term. Any fee, withdrawal or transfer reduces earnings and there may be penalties for early withdrawal.
class="content-responsive">
| Term | Minimum Balance to open | APY* | Dividend Rate |
|---|---|---|---|
| 1 Year | $500 | 3.25% | 3.20% |
| 18 Month | $500 | 3.30% | 3.25% |
| 2 Year | $500 | 3.35% | 3.30% |
| 3 Year | $500 | 3.40% | 3.35% |
| 4 Year | $500 | 3.45% | 3.40% |
| 5 Year | $500 | 3.51% | 3.45% |
* Annual Percentage Yields and dividend rates current as of 7:00 a.m. on January 14, 2025. Rates and terms are subject to change without notice. APY assumes principal and dividends remain on deposit for the length of the term. Any fee, withdrawal or transfer reduces earnings and there may be penalties for early withdrawal.
| From | To | APY* | Dividend Rate |
|---|---|---|---|
| $0.00 | Any amount | .40% | .40% |
* APY and rates in effect January 1, 2025. Rates and terms are subject to change without notice. APY assumes principal and dividends remain on deposit for the length of the term. Any fee, withdrawal or transfer reduces earnings and there may be penalties for early withdrawal.
