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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
Savings.
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.
Your Retirement is Worth Investing In.
Choose the fixed-rate IRA Share Certificate that best fits your needs, and start saving for your retirement today.
2.02% APY*
Earn up to 2.02% APY* when you open up a 6-month IRA Share Certificate.
3.04% APY*
Earn up to 3.04% APY* when you open up a 12-month IRA Share Certificate.
3.56% APY*
Earn up to 3.56% APY* when you open up a 24-month IRA Share Certificate.
3.82% APY*
Earn up to 3.82% APY* when you open up a 36-month IRA Share Certificate.
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.
All Your Banking, Accessible Anywhere
Saving for retirement can be tough, but MCU makes it easier by providing banking access from anywhere and any device. The NYMCU online and mobile banking apps make it easy to view your retirement account balances, manage your checking or savings accounts, access financial tools, and more.
Download the Mobile Banking App
No Matter Where You Are in Life, We’re Right There with You.
At MCU, we believe that a credit union should be a lifelong source of financial education and support—from planning for college to saving for retirement and everything in between.
That’s why we have specialized recommendations for products and services designed to help you meet your goals (both short-term and down the road), based on your changing needs and priorities.
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.
All about Private Mortgage Insurance (PMI)
What to Consider Financially As A First-Time Homebuyer
Mortgages 101: Getting Started on The Path to Homeownership
Ready to Start Saving for Retirement?
Join now to get access to the competitive rates, savings products, and educational resources you need to secure an exceptional financial future.
