Ensure a brighter future for yourself by looking into one of our IRA accounts. Choose from either a traditional, educational, or Roth IRA.
Please visit us at any of our branch locations or call (210) 442-0100 to get started.
- $5,000 per year is the maximum individual contribution
- If an individual is age 50 or older, the maximum contribution amount is $6,000.00. This includes the $1,000.00 "catch-up" contribution.
- Penalties will apply on early withdrawals. (before age 59 ½)
- Periodic payments must start at age 70 ½
- Members will receive a quarterly statement (if no checking account)
- Dividends are paid monthly
- Federally insured to $250,000 by the NCUA
- IRA Savings CANNOT be used as collateral for a loan
- Same IRA regulations apply to IRA Savings as to IRA CD
- Ascensus is our IRA administrator