Investments
Invest in Your Future, Your Way
EPFCU gives you several investment options, including Individual Retirement Accounts, Market 50 and Market 60 Money Market Accounts and Coverdell Education Savings Accounts.
| SAVINGS RATES | APR* | APY** |
|---|---|---|
| Prime Share | 0.55% | 0.55% |
| Holiday | 0.55% | 0.55% |
| Individual Retirement Account (IRA) | 1.25% | 1.25% |
| Coverdell ESA | 1.25% | 1.25% |
| **APY = Annual Percentage Yield. Loans are subject to member eligibility. Contact credit union for complete details. | ||
Individual Retirement Accounts
We offer Traditional Individual Retirement Accounts options that help you personalize your retirement plan and maximize your benefits. You can even roll over or invest funds from an existing IRA.
- Anyone younger than 72 with compensation may deposit to an account.
- Receive competitive dividends on your investment.
- Withdraw funds penalty-free for qualified expenses or after the age of 59 ½.
- Enjoy tax-deductible contributions.*
- Transfer from another qualified account to EPFCU.
*For qualifying individuals. Consult your tax advisor regarding tax deductibility and the credit union for complete details.
Coverdell Education Savings Account
This savings account is an incentive to help parents and students save for education-related expenses.
- Make contributions up to the limit established by the Internal Revenue Service.
- Receive competitive dividends on your investment.
- Contributions are not deductible, but amounts deposited in the account grow tax-free if distributed for allowable expenses.
