IRA Savings 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	0.30%	0.30%	Tier Rate: $0 - $9,999.99 Rate: 0.30% APY*:
$10,000.00 - $24,999.99	0.35%	0.35%	Tier Rate: $10,000.00 - $24,999.99 Rate: 0.35% APY*:
$25,000.00 - $49,999.99	0.45%	0.45%	Tier Rate: $25,000.00 - $49,999.99 Rate: 0.45% APY*:
$50,000.00 - $99,999.99	0.55%	0.55%	Tier Rate: $50,000.00 - $99,999.99 Rate: 0.55% APY*:
$100,000.00 - and above	0.60%	0.60%	Tier Rate: $100,000.00 - and above Rate: 0.60% APY*:

View Current IRA/Savings/Checking Disclosure Supplement

Minimum Opening Deposit: None
Minimum Balance: $0.00
Rates subject to change.

IRA CD Rates

Term	Rate	APY*
12 Month	0.99%	1.00%	Term: 12 Month Rate: 0.99% APY*:
24 Month	1.24%	1.25%	Term: 24 Month Rate: 1.24% APY*:
36 Month	1.49%	1.50%	Term: 36 Month Rate: 1.49% APY*:
60 Month	1.73%	1.75%	Term: 60 Month Rate: 1.73% APY*:

View Current Certificate of Deposit (CD) Disclosure Supplement

Minimum Opening Deposit: $1,000.00
Minimum Balance: $1,000.00

*APY = Annual Percentage Yield.

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 traditional banks. Use our IRA rate comparison tool below to compare.

Company	Product Name	APY*
Delta Community	IRA Savings	0.30%	Company Delta Community Product Name IRA Savings APY* 0.30%
Wells Fargo	IRA Savings	0.01%	Company Wells Fargo Product Name IRA Savings APY* 0.01%

Company	Product Name	APY*
Delta Community	IRA Savings	0.35%	Company Delta Community Product Name IRA Savings APY* 0.35%

Company	Product Name	APY*
Delta Community	IRA Savings	0.45%	Company Delta Community Product Name IRA Savings APY* 0.45%

Company	Product Name	APY*
Delta Community	IRA Savings	0.55%	Company Delta Community Product Name IRA Savings APY* 0.55%

Company	Product Name	APY*
Delta Community	IRA Savings	0.60%	Company Delta Community Product Name IRA Savings APY* 0.60%

View Current IRA/Savings/Checking Disclosure Supplement

Minimum Opening Deposit: None
Minimum Balance: $0.00

IRA CD Rates Comparison

Company	Product Name	APY*
Delta Community	IRA CDs	1.00%	Company Delta Community Product Name IRA CDs APY* 1.00%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	0.01%	Company Wells Fargo Product Name Wells Fargo IRA APY* 0.01%
Regions	Regions IRA	0.03%	Company Regions Product Name Regions IRA APY* 0.03%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

Company	Product Name	APY*
Delta Community	IRA CDs	1.25%	Company Delta Community Product Name IRA CDs APY* 1.25%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	0.01%	Company Wells Fargo Product Name Wells Fargo IRA APY* 0.01%
Regions	Regions IRA	0.05%	Company Regions Product Name Regions IRA APY* 0.05%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

Company	Product Name	APY*
Delta Community	IRA CDs	1.50%	Company Delta Community Product Name IRA CDs APY* 1.50%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	0.01%	Company Wells Fargo Product Name Wells Fargo IRA APY* 0.01%
Regions	Regions IRA	0.05%	Company Regions Product Name Regions IRA APY* 0.05%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

Company	Product Name	APY*
Delta Community	IRA CDs	1.75%	Company Delta Community Product Name IRA CDs APY* 1.75%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	0.01%	Company Wells Fargo Product Name Wells Fargo IRA APY* 0.01%
Regions	Regions IRA	0.05%	Company Regions Product Name Regions IRA APY* 0.05%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

*APY = Annual Percentage Yield.

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

You can make regular IRA contributions from your own Savings, Additional Savings, Checking or Money Market accounts from within Online Banking or Mobile Banking. To do this, log in to your Online Banking account and transfer the funds utilizing the Transfer tool. (Contributions for the prior tax year may be made online until the tax return due date of the current year. Prior year contributions are not available in Mobile Banking.)

If you prefer to mail a check for your regular contributions, you may access the Roth IRA Deposit form and the Traditional IRA Deposit form. Complete, sign, and mail to Delta Community, P.O. Box 20541, Atlanta, GA 30320-2541, Attn: IRA Dept.

I am a Delta employee with a 401(k) with the company through Fidelity. Can I roll my 401(k) into my current IRA or another type of IRA? Do I get the paperwork from Fidelity or can you initiate the process for me?

You may rollover your Delta Family Care Savings Plan 401(k) into an IRA once you are no longer employed by Delta. You have two choices depending on how you want to invest the funds.

If you would like an IRA or IRA Certificate of Deposit (CD) that is savings-based (no investment options) contact the IRA Department at 404-677-4600 for further instructions and to request the forms needed to complete the rollover. Once your IRA is established at the credit union, it will be your responsibility to contact Fidelity to initiate the rollover of funds.

If you would like an IRA with investment options, such as stocks, bonds, mutual funds, etc., contact Retirement and Investment Services at 404-677-4890 to set up an appointment with a financial advisor. They will set up an IRA for you and assist with rolling over the funds from Fidelity.

If you have after-tax contributions, 401(a) monies, you may withdraw those funds with no tax due or roll it directly into a Roth IRA. After-tax contributions should be sent to you in a separate check and not combined with pre-tax dollars.

Can I rollover my 401(k) to a Roth IRA at Delta Community?

After-tax contributions to a 401(k), as well as funds in a Roth 401(k), can be rolled over to a Roth IRA. If you would like to rollover 401(k) pre-tax contributions to a Roth IRA, we recommend that you consult a financial advisor with Delta Community (404-677-4890), or a qualified tax professional, due to the possible tax consequences.

I am retiring. Can I rollover my 401(k) to an IRA at Delta Community?

Yes, you can. If you would like an IRA or IRA CD that is savings-based (no investment options), contact the IRA Department at 404-677-4600 for further instructions and to request forms needed to complete the rollover. Once your IRA is established at the credit union, it will be your responsibility to contact your plan administrator to initiate the rollover of funds.

If you would like an IRA with investment options, such as stocks, bonds, mutual funds, etc., contact Retirement and Investment Services at 404-677-4890 to set up an appointment with a financial advisor. They will set up an IRA for you and assist with rolling over the funds from your plan administrator.

If I am involuntarily furloughed or accepted a voluntary leave of absence, early retirement or severance package, can I move my 401(k) into an IRA account?

You would need to check with your 401(k) plan administrator concerning a furlough or leave of absence. For early retirement and a severance package you can rollover your 401(k) to an IRA. If you would like an IRA or IRA CD that is savings-based (no investment options), contact the IRA Department at 404-677-4600 for further instructions and to request forms needed to complete the rollover. Once your IRA is established at the credit union, it will be your responsibility to contact your plan administrator to initiate the rollover of funds.

If you would like an IRA with investment options, such as stocks, bonds, mutual funds, etc., contact Retirement and Investment Services at 404-677-4890 to set up an appointment with a financial advisor. They will set up an IRA for you and assist with rolling over the funds from your plan administrator.

I rolled over a 401(k) from a former employer to an IRA. How do I transfer that to a Delta Community Credit Union IRA?

You have two choices depending on how you want to invest the funds in your IRA. If you would like an IRA or IRA CD that is savings-based (no investment options), contact the IRA Department at 404-677-4600 for further instructions and to request forms needed to complete the transfer. Once your IRA is established at the credit union, we will request the transfer from your current custodian or trustee.

If you would like an IRA with investment options, such as stocks, bonds, mutual funds, etc., contact Retirement and Investment Services at 404-677-4890 to set up an appointment with a financial advisor. They will set up an IRA for you and assist with transferring the funds from your current custodian or trustee.

Delta Community Credit Union offers IRA CDs as an additional share option to our savings-based IRAs. When you plan for retirement it's nice to have options, and our IRA CD product is just one more way the credit union strives to bring you products and services that help you plan for the future.

Traditional, Roth, and SEP IRA CDs offer the same great benefits as our savings-based IRAs, including:

No set-up, administrative or maintenance fees
An easy application process
Trained IRA specialists
A low $1,000 minimum opening deposit requirement for IRA CDs
- No minimum opening deposit requirement for the IRA savings account

In addition, IRA CDs have fixed-terms of 12, 24, 36, or 60 months which allows you to lock in your rate for a fixed term. An IRA CD with a fixed term typically pays a higher annual percentage yield than a savings-based IRA with no fixed term. They are also federally insured by the National Credit Union Administration (NCUA) for up to $250,000.

Eligibility for an IRA CD requires the corresponding IRA savings account (Traditional, Roth, or SEP) to be opened. The IRA savings account is required as this is the account that is used for IRA tax reporting.

Dividend Rates

To open an IRA CD or learn more see our IRA CD page.

I would like to convert my Traditional IRA to a Roth IRA, is this possible?

It is possible to convert your Traditional IRA funds to a Roth IRA, however, certain restrictions apply. We advise that you speak with your tax professional about this type of transaction. If you have questions, or to obtain appropriate forms, please contact the IRA Department by logging into Online Banking and submitting a message under Additional Services by selecting Contact Us, or by calling 1-800-544-3328.

Can quarterly ACH transfers be used for contributions or withdrawals to/from IRAs?

We currently do not offer ACH transfers directly into or from your IRA. We do offer share to share transfers from either Checking or Savings into your IRA for normal contributions.

As an online banker, you may set up scheduled transfers yourself online. If you are not an online banker, send us the completed Scheduled Share Transfer form and we can set them up for you.

To take a withdrawal from an IRA, you must complete either a Traditional IRA Withdrawal form or a Roth IRA Withdrawal form. This form may be returned by mail, fax or you may now upload it to us through your account within Online Banking through Contact Us under Additional Services.

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

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

IRA Savings Accounts

Overview & Benefits

Routing Number

Rates

Individual Retirement Accounts/Coverdell Educational Savings Accounts

IRA CD Rates

Compare Rates

IRA Savings Account Rate Comparison

IRA CD Rates Comparison

Fees

IRA Savings Account Fees

Apply Now

Ready to Open an IRA Savings Account?

IRA Savings Accounts

Overview & Benefits

Routing Number

Rates

Individual Retirement Accounts/Coverdell Educational Savings Accounts

IRA CD Rates

Compare Rates

IRA Savings Account Rate Comparison

IRA CD Rates Comparison

Fees

IRA Savings Account Fees

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IRA Contribution Limits

Rollover IRA FAQs

I am a Delta employee with a 401(k) with the company through Fidelity. Can I roll my 401(k) into my current IRA or another type of IRA? Do I get the paperwork from Fidelity or can you initiate the process for me?

Can I rollover my 401(k) to a Roth IRA at Delta Community?

I am retiring. Can I rollover my 401(k) to an IRA at Delta Community?

If I am involuntarily furloughed or accepted a voluntary leave of absence, early retirement or severance package, can I move my 401(k) into an IRA account?

I rolled over a 401(k) from a former employer to an IRA. How do I transfer that to a Delta Community Credit Union IRA?

IRA CD details

Converting Traditional IRA to Roth IRA

I would like to convert my Traditional IRA to a Roth IRA, is this possible?

ACH transfers to or from IRAs

Can quarterly ACH transfers be used for contributions or withdrawals to/from IRAs?

Apply Now

Ready to Open an IRA Savings Account?

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EHL

Equal Housing Lender

NCUA

National Credit Union Administration, a U.S. Government Agency