School Systems FCU offers two convenient setups for your IRA - IRA Shares or IRA Share Certificate. Either option can be selected whether you are looking for Traditional, Roth or Coverdell IRA. While the IRA Share Certificates will provide you a higher yield on your funds, access is limited for contributions and withdrawals to maturity of the certificate. The IRA Share Savings account provides more flexible access to your funds, but will earn a lower yield compared to the IRA Share Certificate.
As an added bonus, we will offer members a 10 basis point increase or 0.10% to the rate corresponding to the selected IRA Share Certificate term. Please check with a financial planner before investing in an IRA.