CDs & IRAs
Certificates of Deposit (CDs)
It's always a wise investment when you choose one of our Certificates of Deposit. If you can leave your savings alone for a specific period of time, a Certificate of Deposit (CD) could be the right choice for you. They pay competitive rates and are easy to set up.
- All certificates can be opened with just $500 (only $250 for minors)
- Offered at terms from 3 to 60 months
- Interest compounds daily and is posted monthly to your certificate or savings account
Ascentra and Non-Ascentra Members
Individual Retirement Accounts
Individual Retirement Accounts (IRAs) are great tools to help you stockpile your money, all the while earning great dividends. We offer both Traditional IRAs and Roth IRAs. Certificates of Deposit IRAs can be opened with just $500 with terms 12-60 months
- yeah baby! Savings account IRAs are also available with our IRA Saver product. You may deposit funds at any time, up to the IRS limits. No minimum balance required.
With a Traditional IRA, deposits, or contributions, are tax-deductible. So you pay less income tax in the year contributions are made. Your earnings always grow tax-deferred which means taxes are only paid when the money is withdrawn from the IRA.
With a Roth IRA, contributions are nondeductible and taxed in the year they are earned. The Roth IRA features tax-free withdrawals for certain distribution reasons after a five-year holding period.
To open an IRA:
Call us at (563) 355-0152 or (800) 426-5241, ext. 1
Stop in to any of our convenient locations as we would love to see you!
Certificate Term Dividend Rate Annual Percentage Yield 91 Days 0.25% 0.25% APY 6 Months 0.50% 0.50% APY 12 Months 0.75% 0.75% APY 18 Months 0.85% 0.85% APY 24 Months 0.90% 0.90% APY 30 Months 0.90% 0.90% APY 36 Months 1.04% 1.05% APY 48 Months 1.09% 1.10% APY 60 months 1.14% 1.15% APY
Dividend rate is .05% higher on single certificates of deposit with a balance of $50,000, .10% higher with a balance of $100,000, or .15% higher with a balance of $150,000. Minimum deposit for most terms is $500. Penalty for early withdrawal.
IRA Certificates of Deposit are available at the same interest rates as our regular Certificates of Deposits. Certificates may be designated traditional or Roth IRAs. 91 days and 6 months terms not available for IRA Certificates of Deposits. Other restrictions and requirements may apply. Rates subject to change.
No hidden fees. No surprises. No hassle. With the Ascentra Credit Card, what you see is what you get, which includes no annual fee, no balance transfer fee, AND low rates. We call that a win!
Unsecured line of credit. Share-Secured loan. Personal/signature loan. They may have different names, but they all have one thing in common. These are financially safe and responsible ways to build or establish credit and can help keep you afloat until payday. Most importantly, they help you save some serious cash.
Ascentra Anywhere allows you to do all your banking with the click of a button or tap of your finger. This includes our Mobile App, MyBillPay, My$Manager, Digital Wallets, and Mobile Payments. It’s banking made easy, anywhere!
Fixed Rate Mortgage10 & Done (10 Year Fixed)2.625View Mortgage Loans%
Vehicle LoansNew & Used Auto as Low as2.90View Vehicle Loans% APR
SavingsBase Share Savings Starting at0.05View Savings Accounts% APY
Credit CardsNo Balance Transfer Fee. 6-Mo. Intro Balance Transfer2.99View Credit Cards% APR
Making Cents Aug 3, 2020
Taking a Road Trip During a Pandemic
Making Cents Jul 31, 2020
Managing Finances During COVID-19
Making Cents Jul 30, 2020
The Pros and Cons of Early Retirement Plan Rollovers
News Jul 29, 2020
Moving Forward, Together
News Jul 10, 2020
Helping a Small Town is a Team Effort
Making Cents Jul 1, 2020
Be Aware of Scams!
Making Cents Jun 18, 2020
14 Tips for Planning a Family Road Trip
Ascentra Cares Jun 12, 2020
Ascentra Credit Union Awards $10,000 in Scholarships
News Jun 3, 2020
Moving Forward Together
Ascentra Cares May 28, 2020
Ascentra Credit Union Foundation Awards $21,000 in Grants to Area Charities and Organizations
Making Cents May 19, 2020
Fraud Against State Unemployment Insurance Programs
Making Cents May 8, 2020
Auto Loans: How You Can Do Better Than 0%
Making Cents May 6, 2020
Coping Financially During Tough Times
News May 5, 2020
Ascentra Response Efforts to Challenging Times
News Apr 22, 2020
Show Us The Helpers!
News Apr 14, 2020
Economic Impact Payments: What to Expect
News Apr 14, 2020
Economic Impact Payments: 6 Spending Tips
Making Cents Apr 8, 2020
Details About the Congressional Stimulus Package