Certificates and IRAs

Enhance your savings strategy as you prepare for the future.

Traditional

Now is the time to fully commit to your retirement savings goals. A Traditional IRA may be the saving solution you need to stay on track.

Features

Earnings and deductible contributions grow tax-deferred until withdrawal
Withdrawals can begin at age 59 1/2 and must begin at 73
Contributions may be tax-deductible depending on the taxpayer's income, tax filing status and other factors

Penalty-Fee Early Withdrawals

First Time Homebuyer - You may withdraw up to $10,000 to purchase your first home
Medical Expenses - Funds used to pay certain medical expenses can be withdrawn
College Costs - Pay for qualified post-secondary expenses including tuition, fees, books and supplies

Roth

Give your retirement savings a boost with a Roth IRA and let your earnings grow tax-deferred.

To Open or Transfer an IRA

Please call our Certified IRA Professional at 800-540-8707 x 2307

View Rates

Features

Earnings grow tax-deferred
Direct contributions may be withdrawn tax- and penalty-free at any time
Upon meeting the 5-year holding requirement at the minimum age of 59 1/2, earnings can be withdrawn tax- and penalty-free
There are no mandatory withdrawals and you may leave funds to heirs

Penalty-Fee Early Withdrawals

First Time Homebuyer - You may withdraw up to $10,000 to purchase your first home if you have had the Roth IRA for at least 5 years
College Costs - Pay for qualified post-secondary expenses including tuition, fees, books and supplies

Coverdell Educational Savings

Education-related expenses can come with a sizable price tag, but saving early can help to ease the financial burden. With a Coverdell Education Savings account, your funds will grow tax-deferred and withdrawals will be tax-free for qualifying expenses.

How to Open

Stop by your local branch to fill out an application or call us at 207-623-1851

View Rates

Features

Up to $2,000 can be contributed per child annually until he/she reaches 18 years of age
Earnings and withdrawals are tax-free when used for qualifying post-secondary or K-12 expenses (e.g. tuition, tutoring, room and board, computer equipment)
Contributions can be made on behalf of the same beneficiary to both a Coverdell ESA and a 529 plan
Funds from one account can be transferred to another child in the family
Funds must be used or transferred to another family member before the beneficiary turns 30

Certificates

Take another step forward as you financially prepare for retirement with an IRA or ESA Share Certificate. Secure an interest rate for your chosen term and keep your funds in a tax-sheltered account as they grow.

New Members Apply Here Existing Members Apply Here View Rates

Features

Guaranteed competitive fixed rate
Terms range from six (6) months to five (5) years
Flexible dividend payment methods
Federally insured by NCUA