Fixed Rate IRAs
Open a Fixed Rate IRA Today.
Looking for a great retirement savings option with a return you can count on? MCU offers a fixed-rate account that earns interest at a fixed rate during the full term. Choose between 6, 12, 24, or 36 months—and start saving.
Set Yourself Up for a Stress-Free Retirement.
Your retirement should be a time of relaxation, not financial strain. Start saving now, and set yourself up for future financial stability and success.
Enjoy Tax-Deductible Deposits.
With a traditional fixed rate IRA, your contributions (deposits) will be subtracted from your total gross income—directly lowering the taxes you owe (income limits apply). And if you opt for a fixed rate Roth IRA, you’ll enjoy tax free withdrawals down the road.
No Surprises, Just
Enjoy the security of a fixed rate that yields higher interest rates—and ultimately higher returns—on every dollar you set aside for your future.
Switching Institutions? No Problem.
We make it simple and easy for you to transfer your existing IRA from another institution. Just speak with one of our member service representatives to get the ball rolling, and start building a secure financial future with MCU.
Why Do I Need an IRA?
An IRA, or Individual Retirement Account, is a retirement savings account that features tax-saving advantages and allows you to invest in your future financial health. The sooner you open a retirement account, the more time your money has to grow.
Make the Most of Your MCU Membership.
Membership in our community is about more than just banking. As an MCU member, you can access valuable information and resources to help you plan and reach your financial goals.
Get Answers to Our Frequently Asked Questions.
What’s the difference between a variable rate and a fixed rate?
Will my rate ever change the duration of my term?
How do I apply to open an IRA?
At what point is the money in my account taxed?
Can I take my money out of the account at any time?
* APY = Annual Percentage Yield. Dividend Rates and Annual Percentage Yields are accurate as of the last dividend declaration date. Rates and Terms are subject to change without notice. For more details, see our Rates page.
Multiple accounts are only allowed for Share Certificates. All other deposit accounts are limited to one of each type.