Prioritize Your Long-Term Savings with TruWest IRAs1

As a TruWest member, you can save for retirement or other long-term investments in three different ways. Start your TruWest membership, and your IRA, with only a $5 membership deposit and continuing balance.

TruWest Financial Service Center

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  • Fixed-dividend rates
  • Term options from 3-60 months
  • Competitive dividends
  • Tax benefits available
  • NCUA-insured retirement funds
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Three Different TruWest IRAs

An IRA allows you to place funds in stocks, bonds and mutual funds through one single investment. All three types of TruWest IRAs offer different types of tax benefits.

Traditional IRA
Get a jump-start on your retirement savings by contributing an IRA that is high-performing and tax deductible.
Any withdrawals from your IRA may be taxed.
Roth IRA
Great for long-term savings or retirement goals. Pay taxes on earnings now, but your withdrawals may be tax-free. For further details, consult your tax advisor.
Educational Savings Account (ESA)
A Coverdell ESA matures without incurring federal income taxes, and withdrawals may be tax-free to pay qualified education expenses.

Open an IRA — Become a Member

If you are not yet a TruWest member, your IRA will solidify your membership and part-ownership of the credit union. All it takes is a minimum $5 membership deposit and continuing balance.

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See Our Rates2

See Our Rates Rates

Term
Minimum Balance1
APY3
6 - Month
$500
4.65%
12 - Month
$500
4.25%
24 - Month
$500
3.50%
36 - Month
$500
3.25%
60 - Month
$500
3.25%

To open an IRA, visit your nearest TruWest Financial Service Center or call 1 (855) 878-9378.

Minimum Balance*
Term
APY**
N/A
N/A
1.50%
Disclosures

1*A minimum $5 balance in Share Savings required to be eligible for Services. Additional opening deposit of $10,000 for Money Market.

2Rates effective as of May 1, 2024

3*APY=Annual Percentage Yield. APYs are based on monthly compounding. APYs are subject to change. Fees could reduce earnings. Call 1(855) 878-9378 for terms and conditions.