Individual Retirement Accounts (IRAs)

IRAs are a great way to ensure that you retire with confidence. In order to live the lifestyles we all dream about, you should start planning today.

CPM Federal Credit Union knows the importance of early planning. We offer several options to meet your financial needs.

To learn more about IRA rules and regulations, please visit the IRS website.

Share Certificates

DescriptionTermDividend RateAPY
1-5 months0.08%0.08%
6-11 months0.10%0.10%
12-23 months0.20%0.20%
24-35 months0.30%0.30%
36-47 months0.40%0.40%
48-59 months0.55%0.55%
60+ months0.75%0.75%
Youth and Young Adult Savings Certificates3 month0.08%0.08%
6 month0.10%0.10%
12 month0.20%0.20%
24 month0.30%0.30%
Share Certificates (IRA)1-5 months0.08%0.08%
6-11 months0.10%0.10%
12-23 months0.20%0.20%
24-35 months0.30%0.30%
36-47 months0.40%0.40%
48-59 months0.55%0.55%
60+ months0.75%0.75%
Share IRA0.15%0.15%
Kickstart IRA**12 months0.40%0.40%

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.
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 September 28, 2021 and subject to change.