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Individual Retirement Accounts (IRAs)

Ensure a brighter future for yourself by looking into one of our IRA accounts.

Choose from either a Traditional, Educational, or Roth IRA.

General Information

  • $7,000 per year is the maximum individual contribution
  • If an individual is age 50 or older, the maximum contribution amount is $8,000.00. This includes the $1,000.00 “catch-up” contribution
  • Penalties will apply on early withdrawals (before age 59 ½)
  • Required minimum distribution must start at age 73 (Your required minimum distribution is the minimum amount you must withdraw from your account each year)
  • Members will receive a quarterly statement (if no checking account)
  • Dividends are paid monthly
  • 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

Product Information

  • Possible tax-deductible contributions
  • Possible tax deferred dividend
  • Dividends compound monthly
  • Periodic contributions for all accounts
  • Earliest retirement age for redemption is 59 ½
  • No required contribution
  • Premature distribution penalty applies if under age 59 ½
  • Invest in an IRA Savings Account with as little as $5.00
Call (210) 442-0100
Book an Appointment
NCUA Insurance Coverage Booklet – Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
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Needed Items
To make this process as quick as possible, please have the following ready for yourself and any joint account holders on the account, including beneficiary’s:

  • Social Security Number
  • Date of Birth
  • Current Address
  • Phone Number
  • Email Address
  • Valid ID
  • Requested Loan Amount
Apply Now