IRA Savings Accounts

IRA Savings Accounts with Delta Community Credit union

Future Thinking: Roth IRA, Traditional IRA & SEP IRA

We offer three different types of Individual Retirement Accounts (IRAs): Traditional IRA, Roth IRA and SEP IRA. We also offer IRA CDs as well as investment-based IRAs through Delta Community Retirement & Investment Services. And what makes each of them so great is the special federal tax laws that govern them. Earnings within a Traditional IRA and SEP IRA generally aren’t taxed until they’re distributed. And contributions are tax-deductible for many taxpayers (a SEP IRA is tax-deductible for the employer). So over time, you may be able to accumulate more savings than you would with another savings tool. As for a Roth IRA, generally they aren’t even subject to federal taxes, if certain conditions are met.

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IRA Savings Accounts Overview & Benefits

The 2016 contribution limits for the Roth IRA and Traditional IRA are $5,500. The catch up contribution is $1,000 for members age 50 or older.

Take a look at these benefits and see why Delta Community Credit Union is a great place to open an IRA Savings Account.

All IRA Savings Accounts:

  • Federally insured by the National Credit Union Administration for up to $250,000
  • No setup, maintenance or administrative fees
  • Very competitive dividend rates
  • Easy application process
  • Assistance from trained IRA Specialists
  • Access to informative Online IRA Service Center

All IRA CDs:

  • Fixed terms of 12, 24, 36 and 60 months
  • Only require $1,000 minimum investment

Want to dive deeper into our IRA Savings Accounts?

Learn more at Delta Community’s IRA Service Center.

For more information on calculating your IRA Savings Account investment returns please use our free Savings Calculators.

Routing Number

Where's our routing number when you need it?
Right here:

261071315

Learn More About Individual Retirement Accounts


  • Rates

    Individual Retirement Accounts/Coverdell Educational Savings Accounts

    Delta Community Credit Union’s IRA Savings Accounts and Coverdell Educational Savings Accounts dividend rates increase the more you invest.

    Tier Rate Rate APY*
    $0 - $9,999.99 0.20% 0.20%
    Tier Rate:
    $0 - $9,999.99
    Rate:
    0.20%
    APY*:
    0.20%
    $10,000.00 - $24,999.99 0.23% 0.23%
    Tier Rate:
    $10,000.00 - $24,999.99
    Rate:
    0.23%
    APY*:
    0.23%
    $25,000.00 - $49,999.99 0.25% 0.25%
    Tier Rate:
    $25,000.00 - $49,999.99
    Rate:
    0.25%
    APY*:
    0.25%
    $50,000.00 - $99,999.99 0.28% 0.28%
    Tier Rate:
    $50,000.00 - $99,999.99
    Rate:
    0.28%
    APY*:
    0.28%
    $100,000.00 - and above 0.30% 0.30%
    Tier Rate:
    $100,000.00 - and above
    Rate:
    0.30%
    APY*:
    0.30%

    View Current IRA/Savings/Checking Disclosure Supplement

    IRA CD Rates

    Term Rate APY*
    12 Month 0.45% 0.45%
    Term:
    12 Month
    Rate:
    0.45%
    APY*:
    0.45%
    24 Month 0.64% 0.65%
    Term:
    24 Month
    Rate:
    0.64%
    APY*:
    0.65%
    36 Month 0.84% 0.85%
    Term:
    36 Month
    Rate:
    0.84%
    APY*:
    0.85%
    60 Month 1.24% 1.25%
    Term:
    60 Month
    Rate:
    1.24%
    APY*:
    1.25%

    View Current Certificate of Deposit (CD) Disclosure Supplement

    *APY = Annual Percentage Yield.

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  • Compare Rates

    IRA Savings Account Rate Comparison

    Delta Community Credit Union has one of the highest dividend rates for IRA Savings Accounts as well as one of the highest IRA CD rates compared to other banks. Use our IRA rate comparison tool below to compare.

    Company Product Name APY*
    Delta Community CU IRA Savings 0.20%
    Company
    Delta Community CU
    Product Name
    IRA Savings
    APY*
    0.20%
    Wells Fargo IRA Savings 0.03%
    Company
    Wells Fargo
    Product Name
    IRA Savings
    APY*
    0.03%

     

    IRA CD Rates Comparison

    Company Product Name APY*
    Delta Community CU IRA CDs 0.45%
    Company
    Delta Community CU
    Product Name
    IRA CDs
    APY*
    0.45%
    SunTrust Suntrust IRA CD 0.35%
    Company
    SunTrust
    Product Name
    Suntrust IRA CD
    APY*
    0.35%
    Wells Fargo Wells Fargo IRA 0.10%
    Company
    Wells Fargo
    Product Name
    Wells Fargo IRA
    APY*
    0.10%
    Regions Regions IRA 0.10%
    Company
    Regions
    Product Name
    Regions IRA
    APY*
    0.10%
    Bank of America Fixed Term IRA 0.05%
    Company
    Bank of America
    Product Name
    Fixed Term IRA
    APY*
    0.05%
    Chase Bank Chase IRA 0.01%
    Company
    Chase Bank
    Product Name
    Chase IRA
    APY*
    0.01%

    Competitor APYs as of the first day of the current month, provided by mybanktracker.com.

    *APY = Annual Percentage Yield. Competitor products displayed are those with terms comparable to the respective Delta Community product. APYs are accurate as of the first day of the current month and are provided by mybanktracker.com. Consult the financial institution directly for full product terms and current rates.

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  • Fees

    IRA Savings Account Fees

    With Delta Community Credit Union’s IRA Savings Account there are no setup, maintenance or administrative fees.

    Fee Type Amount
    Annual Fee $0.00
    Fee Type:
    Annual Fee
    Amount:
    $0.00
    Institutional Transfer Out after 1 free yearly $25.00 each
    Fee Type:
    Institutional Transfer Out
    Amount:
    $25.00 each
    after 1 free yearly

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  • Apply Now

    Ready to Open an IRA Savings Account?

    An IRA Savings Account must be established before an IRA CD may be opened. If you would like to open a Traditional IRA, complete the Traditional IRA Application. To open a Traditional IRA CD in conjunction with your Traditional IRA, complete a Traditional IRA CD Application. To open a Roth IRA, complete the Roth Application. To open a Roth IRA CD in conjunction with your Roth IRA, complete a Roth IRA CD Application.

    Traditional IRA Forms

    Roth IRA Forms

    Want to transfer an IRA Savings Account to Delta Community?

    For those who aren’t familiar with what a transfer is, it’s when IRA funds are moved directly from another financial institution to Delta Community Credit Union, without you having direct control or custody of the funds. There aren’t any time or frequency limits on the number of transfers you can make, and transfers are not reported to the IRS.

    Here are the forms you’ll need to transfer an IRA to Delta Community:

    For more information on transfers, visit the IRA Service Center or call 404-677-4600 to speak with one of our IRA Specialists.

    Want to roll over funds to an IRA Savings Account?

    For those who aren’t familiar with what a rollover is, it’s when the IRA funds are paid directly to you and you redeposit them into an IRA within 60 calendar days of receipt. The 60-day period begins after you receive the payment. One distribution per taxpayer may be rolled over in a 12-month period. In addition, the IRA holder may not roll over the same assets within 12 months. The distributing financial organization reports the IRA distribution to the IRS and the receiving financial organization reports the rollover contribution to the IRS.

    Effective January 1, 2015, each taxpayer is only allowed one IRA-to-IRA rollover per 12-month period. This applies to any IRA and does not distinguish between Roth and Traditional. Should you have any questions about this change, please contact a competent tax professional or call to speak with a member of our IRA team at 404-677-4600.

    Here are the forms you’ll need to complete a rollover contribution:

    Traditional IRA Forms

    Roth IRA Forms

    For more information on rollovers please visit the IRA Service Center or call 404-677-4600 to speak with one of our IRA Specialists.

    Want to make a withdrawal, a deposit or change beneficiaries?

    Here are forms you’ll need:

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APY = Annual Percentage Yield. Competitor products displayed are those with terms comparable to the respective Delta Community product. APYs are accurate as of the first day of the current month and are provided by mybanktracker.com. Consult the financial institution directly for full product terms and current rates. $5.00 opening and minimum balance required.

Important Notice: Federal regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, preauthorized transfer, check or debit card. You are limited to six (6) withdrawals and/or transfers from your savings account each monthly statement cycle by pre-authorized transfer or telephone/PC transfer (including bill payments).