IRA Certificates

Purchasing an IRA Certificate is like securing a nest egg that has a high rate of return.

  • Initial deposit of $1,000.00
  • Fixed rate for the term of the certificate
  • Rates are the same as on a Share Certificate and may change on the 1st and 15th of the month until you lock in a rate for the term
  • ALL dividends earned on an IRA Share Certificate are tax deferred
  • Click here for current rates

Roth IRA Certificates

  • Deposit a minimum of $1,000.00
  • Earn higher rates than a regular IRA Certificates
  • Available for 1, 2, and 3 year terms
  • Click here for current rates

Education IRA Certificates

  • Opened with a minimum balance of $500 with a 1 year term
  • Set up for the benefit of a specific child
  • Contributions are not tax-deductible
  • Earnings will accumulate tax-free
  • Withdrawals are tax-free if the distribution is used within the tax year to pay higher education expenses for the child before the age of 30
  • Click here for current rates

See below for Belvoir’s IRA Brochures

Roth IRAs
Roth IRA vs. Traditional IRA
Traditional IRAs
Health Savings Accounts
Coverdell Education Savings Accounts
Retirement Plan Rollovers
Simplified Employee Pension Plans
Eligibility for Roth IRA vs. Traditional IRA

All savings and investment accounts at Belvoir Federal are federally insured up to $250,000.00 by the National Credit Union Administration (NCUA), an agency of the United States Government. IRA deposits are insured separately to $250,000.00 by NCUA.

Notice of Changes in Temporary NCUA Insurance Coverage for Transaction Accounts All funds in a “noninterest-bearing transaction account” are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules. The term “noninterest-bearing transaction account” includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal (“NOW”) account, money-market deposit account, and Interest on Lawyers Trust Account (“IOLTA”), even if share drafts may be drawn on the account.

  • *APY = Annual Percentage Yield
  • *APR = Annual Percentage Rate
  • Federally insured by the NCUA.