IRAs
Retire with confidence. Live the dream lifestyle.
Individual Retirement Accounts (IRAs)
For IRA Page rewrite: CPM Federal Credit Union understands the importance of planning for your future—no matter where you are on your financial journey. That’s why we offer a variety of Individual Retirement Account (IRA) options designed to help you save with confidence and flexibility.
Whether you’re just getting started or looking to maximize your retirement savings, it’s important to understand how IRAs work, including eligibility requirements, annual contribution limits, and potential tax advantages.
To learn more about IRA rules and regulations, please visit the IRS website.
While you are visiting the IRS website, you may also want to explore:
- Annual contribution limits and deadlines
- Traditional vs. Roth IRA differences
- Tax implications and potential benefits
- Early withdrawal rules and penalties
- Required Minimum Distributions (RMDs)
Share Certificates
| Description | Term | Dividend Rate | APY |
|---|---|---|---|
| 3 months | 1.00% | 1.00% | |
| 6 months | 3.35% | 3.39% | |
| 12 months | 3.65% | 3.70% | |
| 24 months | 3.55% | 3.60% | |
| 36 months | 3.35% | 3.39% | |
| 48 months | 3.10% | 3.14% | |
| 60 months | 3.10% | 3.14% | |
| Youth and Young Adult Savings Certificates | 3 month | 1.00% | 1.00% |
| 6 month | 3.35% | 3.39% | |
| 12 month | 3.65% | 3.70% | |
| 24 month | 3.55% | 3.60% | |
| Share Certificates (IRA) | 3 months | 1.00% | 1.00% |
| 6 months | 3.35% | 3.39% | |
| 12 months | 3.65% | 3.70% | |
| 24 months | 3.55% | 3.60% | |
| 36 months | 3.35% | 3.39% | |
| 48 months | 3.10% | 3.14% | |
| 60 months | 3.10% | 3.14% | |
| Share IRA | 0.40% | 0.40% | |
| Kickstart IRA** | 12 months | 3.75% | 3.80% |
For Share Certificates: Minimum deposit $250.00.
For Youth/Young Adult certificates: Minimum deposit $100.00 with maximum amount of $3,000.00.
For IRA certificates: Dividends compounded quarterly, certificate minimum balance $250.00, minimum deposit to open $250.00.
**Kickstart IRA needs minimum $100.00 to open with a max of $250,000.00. Subsequent deposits allowed.
Annual Percentage Yields are current of 2/13/2026 and subject to change.
APY = Annual Percentage Yield
Early withdrawal penalties may apply. At maturity, account is subject to automatic renewal at the rate then in effect for that term. --Dividends compounded quarterly. Fees could reduce earnings on the account.
For IRA certificates: Dividends compounded quarterly, certificate minimum balance to earn dividends is $250.00, minimum deposit to open $250.00. with a max of $250,000.00.
**Kickstart IRA needs minimum $100.00 to open with a max of $250,000.00. Subsequent deposits allowed.
Annual Percentage Yields are current of 06/18/2025 and subject to change.