Savings AccountIRAs

Investments That Meet Your Needs!

An Individual Retirement Account (IRA) is a tax deferred savings tool that can help you prepare for your retirement while enjoying the tax benefits today. Our IRA's have no monthly fees and dividends are paid monthly. Contributions may be made in "lump sums" or by regular deposits throughout the year to the IRA account. We offer a wide range of IRA investment options to meet your needs and help make your retirement dreams come true.

Traditional IRA*

Offers tax deferred earnings and the opportunity to deduct contributions from your taxes.

Roth IRA*

Contributions are made after taxes, and therefore can be withdrawn at any time. Interest earned on the account is tax-free and can be withdrawn after a five-year holding period.

Coverdell Education IRA*

Tax-free, penalty-free withdrawals when the funds are withdrawn and applied to college expenses, primary education, or secondary education.

IRA Share Certificates**

Earn higher dividends with an IRA Share Certificate. IRA Share Certificates are available with a minimum deposit of $500. Higher yields are available for larger deposits and longer terms.

Check out ECU's current IRA and IRA Certificate Rates

* Consult your tax advisor for further information. ** IRA Share Certificates subject to ECU penalties upon early withdrawal. Please see ECU Truth in Savings Disclosure for details.