CSE gives you the tools to save for your future.
Share Certificates
A share certificate can guarantee you a higher rate of return without the risk of investing.
What you need to know:
- Pick a term that’s best for you! Terms range from six months to five years
- Guaranteed fixed-rate returns for the entire term
- Rest easy knowing funds are NCUA insured for your protection
- For younger members, age 25 and under, the minimum deposit requirement is only $500.00
Traditional IRA
- An account that allows you to defer taxes on your earnings until they are withdrawn
- Certain contributions are tax-deductible in the tax year for which they are made*
- Some age, withdrawal, and contribution limitations apply
Roth IRA
- Contributions are non-deductible and feature tax-free withdrawals for certain distribution reasons after five-year holding period
- Contributions are made on an after-tax basis
- People who expect to be in a higher tax bracket when they retire may benefit more from this account
- Some contribution and withdrawal limitations apply*
Education (Coverdell Education Savings IRA)
- Contributions are non-deductible
- This account features tax-free withdrawals for a very specific purpose only: a child’s higher education expenses
- Qualified higher education distributions are penalty and tax-free (Traditional/Roth offer penalty-free only)
- Some contribution and withdrawal limitations apply*
Certificate IRA
- Acts just like a normal Certificate, but set up as an IRA for tax purposes*
- Account is available in a variable of terms and earns Certificate dividend rates instead of the regular IRA savings dividend rate
- Contribution and withdrawal limitations apply (no fixed regular contributions allowed, penalty for early withdrawal)
Contact one of our IRA specialists today!
*As always, consult your tax advisor regarding the deductibility of interest.