FRAUD ALERT: Beware of Impersonators Posing as Credit Union Employees.

We’ve received reports of fraudulent emails, text messages, and phone calls from individuals pretending to be representatives of our credit union. These scammers may ask for personal information, card details, or account credentials.

Please be advised:
• We will never ask for your full card number, expiration date, PIN, or online banking username/password via email, text, or phone.
• Do not click on suspicious links or respond to unexpected requests for sensitive information.

• If you receive a message or call that seems suspicious, hang up immediately and contact us directly using a verified phone number or website.

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Individual Retirement Accounts (IRAs)

An Impact IRA is a low risk, no stress way to plan for a comfortable retirement.
Competitive Dividends
No setup fee
No monthly or yearly fees

Features & Benefits

  • Potential Tax benefits
  • Competitive dividends above standard savings rates
  • Traditional and Roth IRA options
  • Flexible terms - IRA savings or term certificates
  • No setup fees
  • No monthly or annual maintenance fees
  • $500 minimum deposit to open
  • Free Online & Mobile Banking
  • Free eStatements

 

Traditional vs. Roth

Traditional and Roth IRA accounts provide tax advantages for retirement savings. Both deliver financial security when you retire.

Traditional IRA

  • Contributions are made pre-tax, reduce in year taxable income
  • Distributions in retirement are taxed as ordinary income
  • Withdrawals of contributions and earnings are taxed
  • Required Minimum Distributions (RMDs) apply

Roth IRA

  • Contributions are made after tax, no effect on in year taxable income
  • Qualified distributions in retirement are not taxed
  • Withdrawals of contributions and earnings are not taxed under certain circumstances
  • No Required Minimum Distributions (RMDs)

 

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