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Our Products

Checking

Checking Accounts at UFCW Community means no hidden costs but lots of extras.

• No minimum balance
• Check Cards
• Free Bill Pay
• Free Home Banking
• Free E-Statements
• Unlimited check writing

Savings and Investments

Savings

• Provides a small return on your money…but keeps your money accessible at a moments notice.
• $5.00 minimum balance
• $5.00 membership fee
  *minimum $100 balance to receive dividends
• Free 24 hour home banking and automated phone access

Super Sonic

The account is dividend bearing with slightly less flexibility than a traditional savings account

• $500 minimum balance
• Guaranteed return on investment
• Rates set quarterly
• No service fees
• Free 24 hour bank by phone account (Speedy Access)

Certificates

• Liquidity of funds is inversely related to dividend bearing; the longer the term, the greater the return.
  
• Guarantee return on investment
• Requires a minimum deposit, amount may vary with term, dividend bearing rate
• Wide variety of terms, ranging from 6 months to 5 years
• Penalties charged for early withdrawal of funds

Individual Retirement Accounts (IRA's)

Long term investment, created to supplement your retirement and educational needs.

IRA Pamphlet

Traditional IRA

This plan offers tax-deferred earning and the possibility for tax-deductible contributions. The plan is subject to IRS regulations.

• No Minimum
• Deposits allowed at any time.
• With a traditional IRA you may be able to deduct the contributions made to the IRA from your income taxes. Money can be withdrawn after age 59 1/2 but will be taxed as ordinary income.

Traditional IRA Forms

• Traditional Application
• Traditional Beneficiary Change
• Traditional Contribution and Investment Selection
• Traditional Change Notice
• Traditional Direct Transfer
• Traditional Withdrawal

Roth IRA

This plan offers more incentives to boost retirement savings. Contributions are not tax-deductible, however, earning can be withdrawn tax-free as long as they conform to the plan revisions.

• No Minimum
• Deposits allowed at any time.
• The Roth IRA holds after-tax dollars. By maximizing your contributions, you will add greater tax leverage to your retirement savings. Money can be withdrawn after 5 years and at age 59 1/2 and will not be considered taxable income.

Roth IRA Forms

• Roth Application
• Roth Beneficiary Change
• Roth Contribution and Investment Selection
• Roth Change Notice
• Roth Withdrawal

Coverdell Educational IRA

This is a tax-advantaged saving plan that will help pay for a child's education expenses. Contributions are not tax-deductible; however, earnings can be withdrawn tax-free as long as it is used for the education of a child.

• No Minimum Balance required to open
• Deposits allowed until 18th birthday

Coverdell Educational IRA Forms

• Coverdell Application
• Coverdell Beneficiary Change
• Coverdell Contribution and Investment Selection
• Coverdell ESA Change Notice
• Coverdell ESA Direct Transfer
• Coverdell ESA Withdrawal

NCUA insures all IRA's up to $250,000 If you want to learn more about an IRA or are ready to open an account, call or stop in to speak to a Member Service Representative at one of our four convenient branches.