Individual Retirement Accounts
Get ready for your future
Traditional IRA and Roth IRAs
When you invest in a Traditional IRA or Roth IRA—Individual Retirement Account, you are putting your money in a safe and secure environment with people you trust. We offer both traditional and Roth IRAs. All members can afford a Traditional IRA or Roth IRA with Premier Source Federal Credit Union
Prepare for your future—open a Traditional or Roth IRA today!
Traditional and Roth IRA Rates and Terms
It’s never too early to start thinking about retirement. Premier Source Federal Credit Union’s traditional IRA and Roth IRA can help you save for retirement. If you’re thinking about opening up an account, stop by our Main Office located in East Longmeadow!
| Account Type | Dividend Rate | APY** | Minimum Balance to open and Earn Dividend |
|---|---|---|---|
| IRA Savings Account* | 0.05% | 0.05% | $0.00 |
| 6-month Certificate | 0.10% | 0.10% | $1,000.00 |
| 12-month Certificate | 0.10% | 0.10% | $1,000.00 |
| 18-month Certificate | 0.20% | 0.20% | $1,000.00 |
| 24-month Certificate | 0.25% | 0.25% | $1,000.00 |
| 36-month Certificate | 0.35% | 0.35% | $1,000.00 |
| 48-month Certificate | 0.45% | 0.45% | $1,000.00 |
**APY is Annual Percentage Yield.
Rates may change after the account is open. Fees could reduce the earnings on the account.
There is a substantial penalty for early withdrawals on IRA Certificates.
Rates are effective April 21, 2022. All rates are subject to change without notice.
How much should you save?
Based on your anticipated age of retirement, your current age, and your budget, how much should you be putting away? Use our financial calculator to get an idea of how much to invest.
