Highly competitive rates and low minimum balance requirements make Filer Credit Union’s IRA’s attractive for all. We offer the Traditional IRA and the Roth IRA. Long term, higher rate certificates of deposit are also available as an IRA option.
Interest: See rate sheet below
Fees: 10% Tax penalty for early withdraw, none for rolling over from another IRA/401K, no monthly fee
IRA Options: Traditional or Roth
Minimum Initial Deposit: $50 if new money OR whatever the transfer from previous IRA/401K is
Transaction Limitations: yearly maximum deposits (review current year maximums)
No minimum or maximum age to open if you have eligible compensation.
See a Member Service Representative for more information.
| Account Type | APY | Minimum Deposit | Minimum Balance |
|---|---|---|---|
| REGULAR SHARES | 0.1% | $5 | $25 |
| SHARE DRAFTS | 0.05% | $25 | |
| CHRISTMAS CLUB | 0.2% | $0 | |
| TRADITIONAL IRA SHRS | 0.85% | $0 | |
| ROTH IRA SHARES | 0.85% | $0 | |
| SUB SHARES | 0.1% | $25 | |
| MONEY MARKET SHARE | 0.85% | $2500 | $2500 |
| MONEY MARKET SHARE | 0.85% | $2500 | $5000 |
| MONEY MARKET SHARE | 0.85% | $2500 | $25000 |
| MONEY MARKET SHARE | 1.01% | $2500 | $50000 |
| MONEY MARKET SHARE | 1.26% | $2500 | $100000 |
| MONEY MARKET SHARE | 2.02% | $2500 | $250000 |
| HSA CHECKING ACCOUNT | 0.05% | $0 |