Individual Retirement Account (IRA) Rates
With First Future Credit Union’s fixed and variable rate IRAs, you can save for your future, while enjoying potentially tax-deferred savings benefits. Take advantage of our competitive rates and open your retirement account today!
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Rates effective: 07/03/2008 |
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Tier |
Minumum Balance |
Dividend Rate |
APY* |
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Fixed Rate Certificates |
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6 Month |
$100 |
2.67% |
2.70% |
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12 Month |
$100 |
2.76% |
2.80% |
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18 Month |
$1,000 |
2.76% |
2.80% |
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2 Year |
$1,000 |
2.96% |
3.00% |
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3 Year |
$1,000 |
3.06% |
3.10% |
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4 Year |
$1,000 |
3.20% |
3.25% |
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5 Year |
$1,000 |
3.44% |
3.50% |
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Variable Rate Certificates** |
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18 Month |
$100 |
1.65% |
1.66% |
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18-Month Bump Rate*** |
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18 Month |
$1,000 |
2.96% |
3.00% |
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No Term IRA Savings |
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None |
$100 |
0.50% |
0.50% |
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Rates subject to change without notice. *APY = Annual Percentage Yield. Annual Percentage Yield assumes that dividends will remain in the account until maturity. Three to twelve month terms incur a 90 day early withdrawal penalty, all others incur a 180 day early withdrawal penalty. Fees may reduce earnings. ** Rates are variable and may change at any time after the account is opened. *** 18-Month Bump Rate - A certificate account with a bump rate feature offers you the ability to increase the rate to a rate, for a certificate of the same term, currently offered by the credit union, once during the term of the account. This higher rate will be in effect from the date you change the rate until the certificate matures. Dividends for certificate accounts with a bump rate feature is compounded and paid monthly and at maturity. Refer to your certificate agreement for complete dividend rate and annual percentage yield (APY) information. |
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