CDs, IRAs & HSAs

Planning for your future starts with having options.

CERTIFICATES OF DEPOSIT

INDIVIDUAL RETIREMENT ACCOUNTS

HEALTH SAVINGS ACCOUNTS

Need Help Choosing

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

Need Instant access to funds with better rates?

Check out the MoneyMarket Account options

Limited access to funds with higher rates

Certificates of Deposit 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

Certificates of Deposit (CD)

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

To start saving with a CD, 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 CD matures, you can choose to withdraw the money or roll it into a new CD.

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?

    Certificate of Deposit

    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 & IRA Rates

    Share Certificates
    $1000 Minimum -- Penalty for early withdrawal
    7 Month Special
    APY* 1.31% Dividend Rate 1.30%
    10 Month Special
    APY* 1.90% Dividend Rate 1.89%
    15 Month Special
    APY* 1.86% Dividend Rate 1.85%
    18 months Step-up**
    APY* 3.03% Dividend Rate 3.00%
    25 Month Special
    APY* 2.55% Dividend Rate 2.53%
    37 Month Special
    APY* 2.30% Dividend Rate 2.28%
    3 Month
    APY* 0.25% Dividend Rate 0.25%
    6 Month
    APY* 0.40% Dividend Rate 0.40%
    12 Month
    APY* 0.40% Dividend Rate 0.40%
    24 Month
    APY* 0.75% Dividend Rate 0.75%
    30 Month
    APY* 0.80% Dividend Rate 0.80%
    36 Month
    APY* 0.90% Dividend Rate 0.90%
    36 Months Step-Up Certificate**
    APY* 2.65% Dividend Rate 2.62%
    48 Month
    APY* 1.15% Dividend Rate 1.14%
    60 Month
    APY* 1.30% Dividend Rate 1.29%
    60 Months Step-Up Certificate**
    APY* 2.26% Dividend Rate 2.24%

    *APY = Annual Percentage Yield - Fees could reduce earnings on the account.  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 declaration date,  Please call for details.

    **Member 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.

    JUMBO Certificates
    $100,000 Minimum -- Penalty for early withdrawal
    7 Months
    APY*
    1.41%
    Dividend Rate
    1.40%
    10 Months
    APY*
    2.00%
    Dividend Rate
    1.99%
    15 Months
    APY*
    1.91%
    Dividend Rate
    1.90%
    25 Months
    APY*
    2.65%
    Dividend Rate
    2.63%
    37 Months
    APY*
    3.00%
    Dividend Rate
    2.97%
    41 months Step-up**
    APY*
    3.56%
    Dividend Rate
    3.51%
    *APY = Annual Percentage Yield. Fees could reduce earnings on the account. 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 declaration date.
    Special Youth Certificates
    3 Month Add-on Certificate
    APY*
    0.70%
    Dividend Rate
    0.70%
    Available only for Members under Age 18

    $100 Minimum — $30,000 Maximum — Penalty for early withdrawal

    Certificate may be added to at any time

    *APY = Annual Percentage Yield. Fees could reduce earnings on the account. May incur a penalty for early withdrawal.

    Public funds and financial institutions are not eligible for these rates.  APY is accurate as of the last dividend declaration date.