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Investing is important for both short-term and long-term financial growth. PSCU offers a variety of insured investment products at excellent rates to help you meet your financial goals. With our insured investment products, you can be confident that your money is both secure and working hard for you.
With a wide range of terms and great interest
rates, CDs are a safe and convenient way to invest. When you open a CD,
your funds are invested for a specific period of time and at an interest rate that is higher than what you would earn in a basic savings account. PSCU offers a variety of terms, ranging from 6 months to 5 years, to fit your individual investment needs.
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Whether you’re saving for retirement or future education expenses, IRAs are an excellent way to help meet your financial goals. PSCU offers the Traditional IRA, Roth IRA and Coverdell Education Savings Account.
Click here to download a brochure.
With a Traditional IRA, deductible contributions and interest earnings
are tax-deferred until they are withdrawn, maximizing the compounding effect on
your investment. Penalty-free withdrawals may be made for qualified reasons
including: age 59 ½, disability, death, first-time home purchase, qualified
educational expense. Other qualified reasons may be applicable. See a PSCU
representative for more information.
Roth IRA interest earnings are tax-free and penalty-free after a five-year investment period and when withdrawals are made for one of these "qualified" reasons: age 59 ½, disability, death, first-time home purchase.
The Coverdell Educational Savings Account allows you to earn tax-free interest on your contributions towards a child's education expenses. Contributions may be made until a child turns 18, and may be used for qualified elementary, secondary and post-secondary education expenses.
Choose the type of IRA that’s right for you based on your particular needs and then select from two IRA products: an IRA Quarterly Share or an IRA Certificate of Deposit.
Call (303) 691-2345 or (800) 437-7328, or stop by one of our conveniently located
branches, for more information or to open an IRA today.
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Individual Retirement Accounts (IRAs) continue to be one of the most powerful ways to accumulate funds for a financially-secure retirement. To help you achieve your financial goals, PSCU is proud to introduce our new Flexi IRA CD.
The Flexi IRA gives you the safety and benefits of a traditional IRA, but with greater control and flexibility. With a minimum opening deposit of $2,500, the Flexi IRA offers the following financial benefits:
Bump-It-Up With the Flexi IRA, you never have to worry about missing out on rate increases. When you open a Flexi IRA, you will receive a Bump Coupon, which you can utilize to make a one-time maximum bump of 0.5% during the term of the certificate.
Flexible Terms The Flexi IRA also allows you to set the term that best suits your financial situation. You can choose a term of anywhere between 18 and 30 months while still enjoying a guaranteed high return.*
Add Funds You also have the option of making two additional deposits during the term of your IRA, with a minimum of $100, as long as it does not exceed the original deposit
Call (303) 691-2345 or (800) 437-7328, or stop by one of our conveniently located
branches, for more information or to open a Flexi IRA today.
*The dividend rate and annual percentage yield (APY) are subject to change,
without notice, at anytime prior to the issuance of the IRA. After the point of
issuance, dividend rates and annual percentage yield (APY) are fixed. Based on
the term of the IRA, early withdrawal penalties apply. IRA Shares on deposit
with PSCU are federally insured by NCUA up to $250,000.
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If you typically keep at least $1,000 in your savings account, you may want to earn the higher interest rate paid by the Insured Money Market Account (IMMA).
The IMMA pays interest monthly and is a great way to save for the future. The interest rate is variable and may change daily. Minimum deposit and withdrawal restrictions apply.
With tiered interest rates you will appreciate how much the Money Market Plus can do for your dollar. Dividends are paid monthly and are calculated on your average daily balance. With the Money Market Plus you also receive a free order of checks to conveniently access your account up to three times per month. Minimum deposit/balance and withdrawal restrictions apply.
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Accounts at your Credit Union are insured to $250,000 by the NCUA, a federal agency of the United States Government. In the long history of the Credit Union industry, no member has ever lost a penny of savings!
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