Certificates, IRAs & HSAs

Planning for your future starts with having options for how you want to save.

share certificates

INDIVIDUAL RETIREMENT ACCOUNTS

HEALTH SAVINGS ACCOUNTS

Need Help Choosing

Select any of the scenarios to the right to reveal the option that we recommend for you.

Please contact a tax advisor for additional tax inforamtion.

Need Instant access to funds with better rates?

Check out the MoneyMarket Account options

Limited access to funds with higher rates

Share Certificates would be perfect for you

Limited access to funds with higher rates & tax advantages

An IRA could be your best option

A tax-sheltered savings designed for Medical expenses only

HSAs are a great way to save for medical expenses

share certificates

Are a great financial tool for those looking to save and grow their money at the same time. A Share Certificate is a high yield term investment. Essentially, you lock up your money for an extended amount of time.

To start saving with a Share Certificate, all you need is a minimum deposit of $1,000. We have a wide range of terms to choose from, so you can choose the term to fit your needs. Your Certificate will begin earning dividends as soon as it is opened. These dividends can be paid back to you in a various amount of ways. When the Share Certificate matures, you can choose to withdraw the money or roll it into a new Share Certificate.

Individual Retirement Accounts (IRA)

Were developed to give members a chance to plan for retirement.  IRA’s can also be used to save for educational expenses. There may also be certain tax benefits available to you.  Always consult your tax advisor regarding tax benefits.

CFCCU offers three types of IRAs to meet your needs.  Those Individual Retirement Accounts include Traditional IRAs, Roth IRAs and Coverdell Education Savings Accounts (also known as Educational IRAs). 

What is the difference between an IRA Money Market and an IRA CD?  IRA Money Market Accounts can be opened without a minimum balance and do not have set terms, and IRA CD accounts can be opened with $1,000.  CD’s have higher interest rates in exchange for agreeing to set a term.

Health Savings Accounts (HSA)

Health Savings Accounts are an option for those who have high deductible health care plans.  This account has no minimum balance and may earn interest with a minimum balance of $100.00.  A benefit of an HSA is the ability to accumulate interest tax-free so long as purchases from the account are for qualifying health expenses.  Be sure to consult your tax adviser for specific tax information.

Visit any of our branches, call 319.266.7531 or toll-free 1-800-376-3090, or contact us to open your deposit account.  Deposits made to CFCCU are federally insured up to $250,000.

    Do you have more questions? Are you ready to open an account?

    share certificates

    Call 319.266.7531 or stop by any of our branches to speak to one of our Member Service Representitives.

    IRA & HSA accounts

    Call 319.266.7531 or email member services to set up an appointment with one of our experts

    Certificate rates

    Share Certificates
    Certificate Term Dividend Rate APY¹
    3 months 0.25% 0.25%
    6 months 0.40% 0.40%
    7 months 0.45% 0.45%
    10 months 0.50% 0.50%
    12 months 0.40% 0.40%
    15 months 0.65% 0.65%
    18 months Step-up² 0.70% 0.70%
    24 months 0.75% 0.75%
    25 months 0.80% 0.80%
    30 months 0.80% 0.80%
    36 months 0.90% 0.90%
    36 months Step-up² 1.10% 1.10%
    37 months 0.90% 0.90%
    41 months Step-up² 1.19% 1.20%
    48 months 1.14% 1.15%
    60 months 1.29% 1.30%
    60 months Step-up² 1.24% 1.25%
    • Rates subject to change without notice.
    • ¹APY = Annual Percentage Yield.
    • ²Member can "Step-up" the rate one time during the term of the certificate to the rate being paid at the time on regular certificates of similar term.
    • Fees could reduce earnings on the account. There may be a penalty for early withdrawal.
    • $1,000 minimum.
    • Public funds and financial institutions are not eligible for these rates.
    • APY is accurate as of the last dividend delcaration date. Please call for details.
    JUMBO Certificates
    Certificate Term Dividend Rate APY¹
    7 months 0.55% 0.55%
    10 months 0.60% 0.60%
    15 months 0.75% 0.75%
    18 months Step-up² 0.80% 0.80%
    25 months 0.90% 0.90%
    37 months 1.00% 1.00%
    41 months Step-up² 1.29% 1.30%
    • Rates subject to change without notice.
    • ¹APY = Annual Percentage Yield.
    • ²Member can "Step-up" the rate one time during the term of the certificate to the rate being paid at the time on regular certificates of similar term.
    • Fees could reduce earnings on the account. There may be a penalty for early withdrawal.
    • $100,000 minimum.
    • Public funds and financial institutions are not eligible for these rates.
    • APY is accurate as of the last dividend delcaration date. Please call for details.
    Special Youth Certificates
    3 Month Add-on Certificate
    Dividend Rate
    0.70%
    APY¹
    0.70%

    Available only for Members under Age 18

    $100 Minimum — $30,000 Maximum

    Certificate may be added to at any time

    • Rates subject to change without notice.
    • ¹APY = Annual Percentage Yield.
    • Fees could reduce earnings on the account. There may be a penalty for early withdrawal.
    • Public funds and financial institutions are not eligible for these rates.
    • APY is accurate as of the last dividend delcaration date. Please call for details.