IRA Certificate of Deposit
Wheelhouse IRA Certificate of Deposits serve as tax-advantage investments that earn significantly higher dividends than a traditional checking or savings account. The rates or return are more stable and less risky than other forms of investment, so you can dedicate your time to enjoying life and less time worrying about the future.
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Terms |
$500 - $9,999 |
APY |
$10,000 - $89,999 |
APY* |
$90,000 - $500,000 |
APY* |
|---|---|---|---|---|---|---|
|
Rates are effective as of February 2, 2024 *APY = Annual Percentage Yield. Your Certificate will automatically renew at maturity for the same time period as the original term at the prevailing rate. The rate contracted for Certificates remains in effect for the entire term of the Certificate. The APY for Certificates assumes principal and dividends paid quarterly remain on deposit until maturity. If the dividends are withdrawn prior to maturity, the APY will be lower. Dividends withdrawn from Certificates may be considered a taxable distribution. Please consult a tax advisor. A penalty may be imposed for withdrawals made before maturity. Fees could reduce earnings on the account. See your account disclosure for full details. Other terms, conditions, services, and restrictions are subject to change without notice. 1All new money required for the 4-month, 8-month, 11-month and 15-month Certificate promotion with a minimum opening balance of $500 and a maximum deposit of $500,000. Upon maturing, a promotional 4-month Certificate will roll into a non-promotional 6-month Certificate, a promotional 8-month Certificate will roll into a non-promotional 12-month Certificate, a promotional 11-month Certificate will roll into a non-promotional 12-month Certificate and a promotional 15-month Certificate will roll into a non-promotional 18-month Certificate at the prevailing APY. See Product Details |
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|
Terms |
$500 - $9,999 Dividend Rate |
APY APY* |
$10,000 - $89,999 Dividend Rate |
APY* APY* |
$90,000 - $500,000 Dividend Rate |
APY* APY* |
|
Terms 15 months1 |
$500 - $9,999 4.81% |
APY 4.90% |
$10,000 - $89,999 4.81% |
APY* 4.90% |
$90,000 - $500,000 4.81% |
APY* 4.90% |
|
Terms 11 months1 |
$500 - $9,999 4.91% |
APY 5.00% |
$10,000 - $89,999 4.91% |
APY* 5.00% |
$90,000 - $500,000 4.91% |
APY* 5.00% |
|
Terms 8 months1 |
$500 - $9,999 3.70% |
APY 3.75% |
$10,000 - $89,999 3.70% |
APY* 3.75% |
$90,000 - $500,000 3.70% |
APY* 3.75% |
|
Terms 4 months1 |
$500 - $9,999 2.48% |
APY 2.50% |
$10,000 - $89,999 2.48% |
APY* 2.50% |
$90,000 - $500,000 2.48% |
APY* 2.50% |
|
Terms |
$500 - $9,999 |
APY* |
$10,000 - $89,999 |
APY* |
$90,000+ |
APY* |
|---|---|---|---|---|---|---|
|
Rates effective as of February 2, 2024 *APY = Annual Percentage Yield. Your Certificate will automatically renew at maturity for the same time period as the original term at the prevailing rate. The rate contracted for Certificates remains in effect for the entire term of the Certificate. The APY for Certificates assumes principal and dividends paid quarterly remain on deposit until maturity. If the dividends are withdrawn prior to maturity, the APY will be lower. Dividends withdrawn from IRAs may be considered a taxable distribution. Please consult a tax advisor. A penalty may be imposed for withdrawals made before maturity. Fees could reduce earnings on the account. See your account disclosure for full details. Other terms, conditions, services, and restrictions are subject to change without notice. 43-month term not available on IRA Certificates. See Product Details |
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|
Terms |
$500 - $9,999 Dividend Rate |
APY* APY* |
$10,000 - $89,999 Dividend Rate |
APY* APY* |
$90,000+ Dividend Rate |
APY* APY* |
|
Terms 60 months |
$500 - $9,999 3.94% |
APY* 4.00% |
$10,000 - $89,999 3.94% |
APY* 4.00% |
$90,000+ 3.94% |
APY* 4.00% |
|
Terms 36 months |
$500 - $9,999 3.70% |
APY* 3.75% |
$10,000 - $89,999 3.70% |
APY* 3.75% |
$90,000+ 3.70% |
APY* 3.75% |
|
Terms 24 months |
$500 - $9,999 3.45% |
APY* 3.50% |
$10,000 - $89,999 3.45% |
APY* 3.50% |
$90,000+ 3.45% |
APY* 3.50% |
|
Terms 18 months |
$500 - $9,999 4.43% |
APY* 4.50% |
$10,000 - $89,999 4.43% |
APY* 4.50% |
$90,000+ 4.43% |
APY* 4.50% |
|
Terms 12 months |
$500 - $9,999 4.67% |
APY* 4.75% |
$10,000 - $89,999 4.67% |
APY* 4.75% |
$90,000+ 4.67% |
APY* 4.75% |
|
Terms 6 months |
$500 - $9,999 2.97% |
APY* 3.00% |
$10,000 - $89,999 2.97% |
APY* 3.00% |
$90,000+ 2.97% |
APY* 3.00% |
|
Terms 3 months4 |
$500 - $9,999 0.30% |
APY* 0.30% |
$10,000 - $89,999 0.30% |
APY* 0.30% |
$90,000+ 0.30% |
APY* 0.30% |
We offer two types of IRAs:
Traditional IRA
Features of our traditional IRA:
- Offers the possibility of deferred taxation of up to $6,500 per year of earned income for those up to 50 years of age
- Offers the possibility of deferred taxation of up to $7,000 per year of earned income for those over 50 years of age with automatic deposits, you’ve got a convenient & worry-free method for setting aside retirement funds
- We offer flexible terms ranging from 26 weeks to 5 years — allowing you greater flexibility in managing funds
- Tiered accounts enable you to earn greater dividends with greater balances
- You may begin saving with as little as $25.00 in a Daily IRA or as little as $500 with a term IRA
- Earnings grow tax-deferred until withdrawn and contributions may be tax deductible
Regardless of your needs, we have an account just for you. And, remember, our IRA deposits are federally insured to at least $250,000 by the NCUA, a U.S. Government Agency. Please consult your tax advisor regarding any IRA account.
ROTH IRA
Features of our ROTH:
- You may enjoy tax deferred earnings and withdrawals if the account is open for 5 tax years and withdrawals are for qualified reason (Age 59 1/2, disability, death or first time home purchase)
- Offers the possibility of deferred taxation of up to $6,500 per year of earned income for those up to 50 years of age
- Offers the possibility of deferred taxation of up to $7,000 per year of earned income for those over 50 years of age with automatic deposits, you’ve got a convenient & worry-free method for setting aside retirement funds
- You can contribute at any age if you (or your spouse if filing jointly) have taxable compensation and your modified adjusted gross income is below certain amounts. See IRS.gov.
- Flexible terms available ranging from 26 weeks to 5 years — allowing you greater flexibility in managing funds
- Tiered accounts enable you to earn greater dividends with greater balances
Remember, our IRA deposits are federally insured to at least $250,000 by the NCUA, a U.S. Government Agency. Please consult your tax advisor regarding any IRA account.