Certificates & IRAs

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Share & IRA Certificates

EECU offers high-yield Share & IRA Certificates to meet virtually every investment need. Compare our investment options with those of other financial institutions and you'll probably find that EECU offers higher dividends and more choices.

  • Invest a set amount of money for a specific length of time
  • Higher investment rates than a regular share account
  • IRA certificates offer the additional benefit of certain tax advantages
  • Insured by the National Credit Union Share Insurance Fund (NCUSIF), part of the National Credit Union Administration (NCUA), a federal agency.

Individual Retirement Accounts

We offer two types of Individual Retirement Accounts: Traditional and Roth. We also offer the Coverdell Education Savings Account (formerly the Education IRA). All are available as IRA Share Savings or IRA Share Certificates.

The Traditional IRA is a savings vehicle that allows you to make annual contributions, all of which may be tax deductible.

The Roth IRA allows you to invest your after-tax dollars today, let the investment grow tax-deferred, and withdraw your principal and earnings tax-free after five years.

The Coverdell Education Savings Account (formerly the Education IRA) is an investment tool designed to help you save for a child's education expenses.

All feature:

  • No annual fees
  • Dividends paid monthly or at maturity (compounded into the certificate balance, transferred to a share account, or mailed to your address on file)
  • Insured for up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), part of the National Credit Union Administration (NCUA), a federal agency.

For more information or to open a certificate or an Individual Retirement Account, call our Member Service Center at 1-800-538-3328 or visit any EECU branch.

Share Certificate Rates

Rates and terms are subject to change without notice.
Annual Percentage Yields and rates current as of 7:00 a.m. on February 11, 2020

rates_share_cert table
TermMinimum Balance to openAnnual Percentage Yield (APY)Dividend Rate
91 Day
$2,0000.40%0.40%
$5,0000.45%0.45%
$10,0000.50%0.50%
$50,0000.55%0.55%
$100,0000.60%0.60%
6 Month
$2,0000.70%0.70%
$5,0000.75%0.75%
$10,0000.80%0.80%
$50,0000.85%0.85%
$100,0000.90%0.90%
1 Year
$2,0001.16%1.15%
$5,0001.21%1.20%
$10,0001.26%1.25%
$50,0001.31%1.30%
$100,0001.36%1.35%
18 Month
$1,0001.26%1.25%
$50,0001.31%1.30%
$100,0001.36%1.35%
2 Year
$5001.36%1.35%
$50,0001.46%1.45%
$100,0001.51%1.50%
3 Year
$5001.41%1.40%
$50,0001.51%1.50%
$100,0001.56%1.55%

APY assumes principal and dividends remain on deposit for the length of the term. Penalty for early withdrawal.

IRA Share Certificate and IRA Share Savings Rates

Super Saver 3-Year IRA Certificate

Minimum Balance APY*
$500 2.00%
 
*APY = Annual Percentage Yield. Certificate must be opened between 2/15/2020 – 4/15/2020. Penalty for early withdrawal. Minimum balance to obtain the APY is $500; the maximum IRA certificate is $200,000 per IRA account. Funds used to open the certificate must have been on deposit at EECU as of 1/1/2020.

IRA Share Certificates

Rates and terms are subject to change without notice.
Annual Percentage Yields and rates current as of 7:00 a.m. on February 11, 2020

rates_ira_share_cert table
TermMinimum Balance to openAnnual Percentage Yield (APY)Dividend Rate
1 Year$2,0001.21%1.20%
1 Year$5,0001.26%1.25%
1 Year$10,0001.31%1.30%
18 Month$1,0001.41%1.40%
2 Year$5001.66%1.65%
3 Year$5001.71%1.70%
4 Year$5001.76%1.75%
5 Year$5001.92%1.90%

IRA Share Savings Accounts

Rates and terms are subject to change without notice.
APY and rates in effect February 1, 2020

rates_ira_share_savings table
Dollar Amount FromDollar Amount ToAnnual Percentage Yield (APY)Dividend Rate
$0.00Any amount.55%.55%

APY assumes principal and dividends remain on deposit for the length of the term. Penalty for early withdrawal.

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