Individual Retirement Accounts

IRA's are a great way for many people to save on taxes while preparing for the future. We offer several IRA products, and one is just right for you. A small annual trustee fee will apply.

Jump-Up IRA Certificate

Take your choice of a Jump-Up IRA certificate with either an 18 or 24 month term and request a one-time rate hike if rates rise before the maturity date. Plus, with the 24 month certificate, you may make one additional deposit. Click here for current dividends.

Get Fit IRA

Earn more with our NEW variable-rate Get Fit IRA. Make automatic monthly deposits of $10-$100 and when your account balance reaches $1,000, it will automatically convert to a 12 month Certificate, which will earn higher yields than a regular 12 month certificate. Now that's a way to give your retirement funds a better workout!

VCCU's Certificate IRAs

You can get these in one to five year terms in amounts of $1,000, $10,000 and $25,000. The dividends post and compound monthly. The dividends are tax deferred and possibly even your contributions, consult your tax advisor.

View our updated IRA library for more detailed information:




Traditional IRA

You can invest up to $5,500 ($6,500 if you are 50+) a year total combined contribution to Roth and Traditional IRAs (or 100% of compensation, which ever is less). The dividends you earn are tax deferred. See your tax advisor, because your contributions may also be tax deferred!

Roth IRA

You can invest up to $5,500 ($6,500 if you are 50+) a year total combined contribution to Roth and Traditional IRAs (or 100% compensation, which ever is less). Contributions can be withdrawn anytime tax and penalty free. Contributions are not tax deductible.

You are eligible to contribute to a Roth IRA if you (or your spouse if filing a joint tax return) earn compensation from employment which is less than or within applicable IRS limits.

Coverdell Education Savings Account (formerly the Education IRA)

Contributions to a Coverdell ESA can be made for a child under age 18 and used until he or she turns 30. No more than $2,000 total each year for all accounts opened on the child's behalf. Withdrawals for qualified higher education expenses are tax free.

Rollover IRA

If you leave your current employer and need a place for your qualified retirement funds, you can "direct rollover" it into an IRA. Remember, there is no income tax withholding on a qualified retirement plan that is moved to an IRA through a direct rollover.


Our Simplified Employment Pension Plan is an IRA that's perfect for the small business owner. It's a written arrangement with the IRS that allows employers to make contributions to the employee's IRAs. Also great for the self-employed. Speak with a VCCU representative for details.