AFFCU Branch Lobby Is Currently Closed. Drive-Thru Access Remains Open With Modified Operating Hours

WE’RE HERE TO HELP: If you are impacted by the COVID-19 (Coronavirus) epidemic let us help. Learn more about our financial assistance efforts to help our members through these challenging times. LEARN MORE >

Couple checking finances on tablet

Share Certificates & IRAs

Give your savings goals more earning power.

Start Saving

Safe. Stable. Guaranteed Returns.

Whether short-term or long-term objectives such as saving for retirement, vacation, or a special purchase, AFFCU's Share Certificates offer a reliable, safe, and secure way to grow your savings with guaranteed returns.

Share Certificate Accounts

A Share Certificate is a great tool to help you achieve your savings goals. They provide a risk-free investment with a guaranteed return at a higher dividend rate than most deposit accounts. Grow your savings faster with an AFFCU Share Certificate.

Individual Retirement Accounts

Planning for retirement and saving in an IRA today will help make your retirement a success in the future. An Individual Retirement Account is a safe, easy way to save for retirement. Make the most out of your hard-earned money and prepare for retirement with an IRA.

Flexible Terms up to 5 years

Custodial and IRA Share Certificates

Dividends Compounded Monthly

Automatic Renewals With Grace Period

Federally Insured up to $250,000 per account

Choose The Right Share Certificate Option To Achieve Your Savings Goals

  • Details

    Details

  • Rates

    Rates

  • Monthly Service Fee

    Monthly Service Fee

  • Minimum Balance

    Minimum Balance

  • Dividends

    Dividends

  • Term

    Term

  • IRA Certificate Option

    IRA Certificate Option

  • Ability To Add Funds

    Ability To Add Funds

  • Federally Insured

    Federally Insured

Share Certificates

  • Details

    A secure way to save with a fixed rate savings that guarantees earnings.

  • Rates

    As high as 1.35% APY*

  • Monthly Service Fee

    No

  • Minimum Balance

    As low as $500, but varies by term

  • Dividends

    Compounded monthly

  • Term

    Options of three months to five years

  • IRA Certificate Option

    Yes

  • Ability To Add Funds

    No

  • Federally Insured

    Yes, up to $250,000 per account

Add & Earn Share Certificate

  • Details

    A secure way to save with guaranteed returns that offers a unique ability to make unlimited contributions to fast track your savings goal.

  • Rates

    As high as 0.90% APY*

  • Monthly Service Fee

    No

  • Minimum Balance

    $25

  • Dividends

    Tiered dividends compounded monthly

  • Term

    Options of one or two years

  • IRA Certificate Option

    No

  • Ability To Add Funds

    Yes, unlimted contributions

  • Federally Insured

    Yes, up to $250,000 per account

Jumbo Share Certificate

  • Details

    Higher earning Share Certificate for those that have a minimum balance of $50,000.

  • Rates

    As high as 1.35% APY*

  • Monthly Service Fee

    No

  • Minimum Balance

    $50,000

  • Dividends

    Compounded monthly

  • Term

    Options of one to five years

  • IRA Certificate Option

    Yes

  • Ability To Add Funds

    No

  • Federally Insured

    Yes, up to $250,000 per account

View additional rates
View rates

Traditional vs Roth IRA Options

Guaranteed Earnings

Pre or Post Tax Contribution

No Fees

  • Details

    Details

  • Contributions

    Contributions

  • Tax Deductions

    Tax Deductions

  • Earnings

    Earnings

  • Distribution

    Distribution

  • Withdrawal Restrictions

    Withdrawal Restrictions

Traditional IRA

  • Details

    A traditional pre-tax contribution

  • Contributions

    Contribute up to $6,000 a year in 2019 ($7,000 maximum if over age 50)

  • Tax Deductions

    Annual contributions may be tax-deductible*

  • Earnings

    Earnings are tax deferred until withdrawal

  • Distribution

    Must take annual distributions beginning at age 70 1/2

  • Withdrawal Restrictions

    Early withdrawals (before age 59 1/2) incur a tax penalty in many instances

Roth IRA

  • Details

    Post tax contributions. Taxes paid now rather than upon disbursal.

  • Contributions

    Contribute up to $6,000 a year in 2019 ($7,000 maximum if over age 50)

  • Tax Deductions

    Contributions are NOT tax deductible

  • Earnings

    Investment interest and dividends grow tax-free; withdrawals are not taxed

  • Distribution

    No mandatory distributions at any age

  • Withdrawal Restrictions

    No early withdrawal penalties in cases for select use of funds (consult your tax advisor)

Open An IRA
Apply Online

Calculate Your Savings Potential

Certificate Calculator

  • Please enter a number greater than or equal to 0.
  • Please enter a number from 1 to 144.
  • Please enter a number from 1 to 10.

Results

after ____ months

Assumptions:

Dividend compounding frequency: Monthly
Marginal tax bracket (0% to 75%): 25%

Share Certificate Frequently Asked Questions

Yes, there is a penalty for Share Certificate and IRA early withdrawals. If original maturity of one year or less: Penalty imposed will equal 180 days dividends on the amount withdrawn. If original maturity of more than one year: Penalty imposed will equal 365 days dividends on the amount withdrawn. Consult your tax advisor for additional IRA early withdrawal penalty details.

No, contributions can only be made during the initial deposit for regular Share Certificates (Regular, Jumbo, Step-up).

Ongoing contributions can only be made in the Add & Earn Share Certificates.

You will receive notice of your upcoming share certificate maturity from the credit union. Upon maturity you can elect to remove the funds or renew to a new term. If you do not notify the credit union with a desired change, then the share certificate will automatically renew to another term upon maturity.

You might also be iterested in

Build Your Savings On A Budget

Do you feel challenged to grow your savings on a limited budget? Follow these helpful tips to grow your savings on any budget.

Read more about building savings on a budget.

MY AFFCU REWARDS

Grow your savings at AFFCU and get rewarded for doing so with an annual cash bonus through MY AFFCU REWARDS

Learn More About MY AFFCU REWARDS

Get started saving today

Contact Us
Contact Us
Open an Account
Open Online
Call Us

(410) 584-7474