Individual Retirement Accounts

        What are you saving for? What’s your dream? We’re here to help make your dreams a reality, whether you’re growing a nest egg or planning your next adventure. Let's make your golden years sparkle.

        IRA Certificates of Deposit

        Best Rate APY

        We’ll help you achieve your dreams with high rates on our term IRA Certificates of Deposit (CDs). Let’s get your existing retirement savings earning more today so you don’t have to worry about the future now, and can Go Live.

        • Get started with a $2,500 minimum deposit to open.
        • Watch the interest grow your savings, just keep your balance at $2,500 or more.
        • You choose the terms best for you, from 12, 18, 24, 36, 48, & 60 months. The longer the term, the higher the rewards.
        • Watch your savings grow with interest compounded and credited quarterly.
        Get Started Now

        IRA Savings Account

        Rate APY

        Build your secure, golden future while maintaining constant access to your retirement funds with our IRA Savings Account.

        • Grow toward your dream with only a $25 minimum deposit.
        • Keep that $25, or more, in your account to continue earning.
        • We want your savings to keep growing, so we provide unlimited deposits. (Uncle Sam may have Annual IRA contribution limits.)
        • Access your money with our unlimited withdrawals. (IRA tax laws may have early withdrawal tax and/or penalties.)
        • Watch your savings grow with interest compounded and credited quarterly.
        Get Started Now

        Which IRA is Right for You?

        We’re ready to help make saving for retirement simple—okay, this can get a little complex. Traditional or Roth IRA? Here we outline the rules and particulars to help you choose. We’re always here to answer questions, offer recommendations, and make finding the right solution easy.

        Traditional IRA

        Eligibility
        • Eligible to anyone with an annual income or compensation of any kind under the age of 70 ½ years old.
        Contribution Rules
        • Maximum of $5,500 per year per person if you are under 50 years old, maximum of $6,500 per year per person if you are over 50 years old.
        • Contributions must be deposited by April 15 of the following year to be applied to the previous year.
        Tax Benefits
        • Contributions are tax deductible.
        • Contributions and earnings grow tax-deferred until withdrawn.
        Withdrawals & Distributions
        • Penalty-free withdrawal after 59 ½ years old.
        • Required Minimum Distributions (RMDs) begin at age 70 ½.
        • Withdrawals are subject to tax (income tax, and estate or other taxes may apply).
        • 10% Early Withdrawal Penalty due unless withdrawn for a qualified reason (See IRS.gov to get updated info on qualified withdrawals).

        Roth IRA

        Eligibility
        • Eligible to anyone with an annual income less than the limit. See IRS.gov for each year’s income limit.
        Contribution Rules
        • Maximum of $5,500 per year per person if you are under 50 years old, maximum of $6,500 per year per person if you are over 50 years old.
        • Contributions must be deposited by April 15 of the following year to be applied to the previous year.
        Tax Benefits
        • Contributions are NOT tax deductible.
        • Earnings are tax-free, no taxes are due upon withdrawal.
        Withdrawals & Distributions
        • Penalty-free withdrawal after 59 ½ years old.
        • No Required Minimum Distribution (RMD) for a Roth IRA.
        • Withdrawals are NOT subject to tax (income tax does not apply, estate or other taxes may apply).
        • 10% Early Withdrawal Penalty due unless withdrawn for a qualified reason (See IRS.gov to get updated info on qualified withdrawals).

        Compare IRA Rates

        Grow your retirement savings with the right terms and rates for you.

        Individual Retirement Accounts (IRAs)

        PRODUCT
        APY

        IRA Certificates of Deposit

        $2,500 to open. $2,500 min balance. Interest compounded & credited quarterly.

        12-Month IRA CD
        18-Month IRA CD
        24-Month IRA CD
        36-Month IRA CD
        48-Month IRA CD
        60-Month IRA CD

        IRA Savings Account

        $25 to open. Interest compounded & credited quarterly.

        APY is Annual Percentage Yield (APY). Early withdrawal penalties and other fees may reduce earnings. Rates are subject to change at any time. Canvas Credit Union membership is required.
        Want to view all the fine print, visit our Disclosures web page.

        Become a Member

        Leave the banking to us. Join today. Go live.