Certificates of Deposit
Earn more on your savings with a certificate.
With a Community First certificate of deposit, you earn higher returns than other types of accounts — all while keeping your funds protected and federally insured.
Ready to Get Started?
Guaranteed returns for your money.
Whatever your plans, you can be confident your money will be there for you earning the best rates in the market. Decide how you want to save based on term, rate and opening deposit.
| Type | Minimum Balance | Dividend Rate | APY1 |
|---|---|---|---|
| CD Special: 13 Month | $5,000 | 5.08 | 5.20 |
| 3 Month | $2,500 | 2.96 | 3.00 |
| 6 Month | $2,500 | 3.20 | 3.25 |
| 1 Year | $1,000 | 4.12 | 4.20 |
| 18 Month | $1,000 | 4.12 | 4.20 |
| 2 Year | $1,000 | 4.12 | 4.20 |
| 3 Year | $1,000 | 4.17 | 4.25 |
| 5 Year | $1,000 | 4.22 | 4.30 |
Effective May 27, 2024
1APY= Annual Percentage Yield
Penalty for early withdrawal on Certificates.
Your funds are insured.
Have peace-of-mind knowing your deposits are federally insuredto at least $250,000by the National Credit Union Administration (NCUA).
How much will I earn?
Answer this and other questions with our helpful calculators.
More Calculators Here
This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that Community First Credit Union assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.
Individual Retirement Accounts
Investing in your future.
You can never put aside too much or start saving too early forretirement. Let us help you get started on your journey to a more comfortable future.
Ready to Get Started?
Which type of IRA is right for you?
We offer your choice of traditional and Roth IRAs, each offering different benefits depending on where you see yourself in the future.
Traditional IRA | Roth IRA | |
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Recommended for | Members who expect to retire in a lower tax bracket or if you need to rollover assets from a traditional employer-sponsored plan. | Members who anticipate retiring at a higher tax bracket. Contributions aren’t eligible for a deduction, but there are more withdrawal options. |
Tax Implications* |
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| * Additional account details may apply. Consult your tax advisor for tax related questions. **Tax deductions are based on you modified adjusted gross income (MAGI). If you're not covered by an employer plan but your spouse is, your deduction is limited if your MAGI is between $230,000 and $240,000, and eliminated if your MAGI is $240,000 or more. Please view IRS Publication 590 for more information about income limitations at www.irs.gov or see your tax advisor for more information. | ||
What is a rollover IRA?
A rollover IRA is an individual retirement account created by transferring money from a 401(k) or other retirement account held elsewhere. The purpose is to maintain the tax-deferred status of those assets. If you have an account from your former employer or elsewhere you would like to move, we can help.
Connect with an Expert to Learn More
Make your money grow on your terms.
Choose how you want to save based on term, rate and opening deposit.
| Type | Minimum Balance | Dividend Rate | APY1 |
|---|---|---|---|
| IRA CD Special: 13 Month | $5,000 | 5.10 | 5.20 |
| 1 Year | $1,000 | 4.14 | 4.20 |
| 18 Month | $1,000 | 4.14 | 4.20 |
| 2 Year | $1,000 | 4.14 | 4.20 |
| 3 Year | $1,000 | 4.18 | 4.25 |
| 5 Year | $1,000 | 4.23 | 4.30 |
Effective May 27, 2024
1APY= Annual Percentage Yield
Penalty for early withdrawal on Certificates.
| Type | Minimum Balance | Dividend Rate | APY1 |
|---|---|---|---|
| Accumulator IRA | None | 1.00 | 1.00 |
| Coverdell Education Savings Account | None | 1.00 | 1.00 |
Effective May 27, 2024
1 APY= Annual Percentage Yield.
| Type | Minimum Balance | Dividend Rate | APY1 |
|---|---|---|---|
| Member's Choice IRA Money Market (with active checking*) 2 | $2,000,000 | 4.22 | 4.30 |
| Member's Choice IRA Money Market (with active checking*) 2 | $750,000 | 4.17 | 4.25 |
| Member's Choice IRA Money Market (with active checking*) 2 | $500,000 | 3.93 | 4.00 |
| Member's Choice IRA Money Market (with active checking*) 2 | $300,000 | 3.69 | 3.75 |
| Member's Choice IRA Money Market (with active checking*) 2 | $150,000 | 3.20 | 3.25 |
| Member's Choice IRA Money Market (with active checking*) 2 | $75,000 | 2.23 | 2.25 |
| Member's Choice IRA Money Market (without checking) 2 | $150,000 | 1.34 | 1.35 |
| Member's Choice IRA Money Market (without checking) 2 | $75,000 | 1.19 | 1.20 |
| Ultimate IRA Money Market 3 | $15,000 | 1.24 | 1.25 |
| Affordable IRA Money Market 4 | $7,500 | 1.09 | 1.10 |
Effective May 27, 2024
1APY=Annual Percentage Yield
2Balances falling below $75,000 earn a rate and APY of 1.00%, and incur a $25 monthly service charge.
3Balances falling below $15,000 earn a rate and APY of 1.00%, and incur a $15 monthly service charge.
4Balances falling below $7,500 earn a rate and APY of 1.00%, and incur a $15 monthly service charge.
*Active checking defined as 4 or more transactions per month.
Your funds are insured.
Have peace-of-mind knowing your IRA deposits are federally insuredto at least $250,000by the National Credit Union Administration (NCUA),in addition to your other deposits being covered.
How much money will I need for the future?
Use our calculators to help create a successful savings plan.
More Calculators Here
This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that Community First Credit Union assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.
