Saving & Investing
If you need help calculating a personal budget, retirement strategy, or savings plan, check out CUNA's Finance Calculators page.
Share Certificates
CFCU Community Credit Union offers share certificates (SCs), which are longer-term investments yielding a higher dividend than regular savings. SCs are available for a minimum investment of $500 for terms from six to 60 months.
Since rates on SCs change periodically, you should call any of our offices for our current rates and terms. There may be a penalty for early withdrawal of funds. Check out our current Dividend Rates.
Individual Retirement Accounts (IRAs)
IRA accounts shelter earnings from taxes until the depositor retires or withdraws the funds. They provide important tax advantages, along with an opportunity to build a more comfortable retirement. CFCU IRAs have a one-time new account fee, but no service fees or maintenance fees, and require only a $1.00 minimum balance to earn dividends.
IRA dividends are calculated by the average daily balance method, which applies a periodic rate to the full amount of the principal in the account each day. For current IRA rates, check out our Dividend Rates.
Several electronic brochures are available to help you learn more about IRAs including which one might be right for you. If you have additional questions, please call 607-257-8500.
CFCU Savings Bonds
Invest in America — You can now buy United States Savings Bonds at any CFCU branch. Savings Bonds are safe, they offer a relatively good rate of return and do not require large investment amounts. They are a popular way to save toward an education and make great gifts. For more information, call 607-257-8500.
