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 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 (CDs/IRAs)

DescriptionTermDividend RateAPY
1-5 months0.50%0.50%
6-11 months0.80%0.80%
12-23 months1.00%1.00%
24-35 months1.30%1.31%
36-47 months1.50%1.51%
48-59 months1.90%1.91%
60+ months2.50%2.52%
Youth and Young Adult Savings Certificates3 month0.50%0.50%
6 month0.80%0.80%
12 month1.00%1.00%
24 month1.30%1.30%
Share Certificates (IRA)1-5 months0.60%0.60%
6-11 months0.90%0.90%
12-23 months1.10%1.10%
24-35 months1.40%1.41%
36-47 months1.60%1.61%
48-59 months2.00%2.02%
60+ months2.60%2.63%
Share IRA.50%.50%
Kickstart IRA**12 months1.10%1.10%

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 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.

(Last Modified: Aug 03, 2018)

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*Early withdrawal penalties may apply. Membership rules and restrictions apply. Maximum account balance $250,000.00. **APY - Annual Percentage Yield