Certificates

Earn higher dividends and get a guaranteed return on your money. Neighbors United can help you do that with our Share Certificates.

Term Share Certificates

  •  Competitive rates based on your term

  •  Flexible terms from 6 to 36 months

  •  $500.00 minimum investment

  •  Guaranteed return on investment

  •  Dividends compound semi-annually

  •  No set up or monthly maintenance fees

  •  Insured up to $250,000.00 by the National Credit Union Administration

IRA Accounts

IRA Savings Accounts are a great way to save for retirement. If you haven’t opened an Individual Retirement Account (IRA), take a look at the different tax advantages offered by Traditional and Roth IRAs* to help you make the choice that’s right for you. 

Traditional IRA

With a Traditional IRA, contributions can be tax deductible and earnings accumulate tax deferred, so you won’t owe income taxes until you make withdrawals. Deductible contributions and earnings could be taxed upon withdrawal.

Roth IRA

Roth IRA contributions are not tax deductible. However, withdrawals of your contributions are always tax-free and penalty free. Additionally, earnings accumulate tax-free and are free from income tax upon withdrawal if you meet specific conditions. A Roth IRA also has more flexible “early withdrawal rules” than a Traditional IRA, and you are not required to begin withdrawals at age 70½.

There are factors you should consider before choosing an IRA Account such as: your current age, plans for needing the money prior to age 59½, plans for leaving the money to heirs, and the likelihood that you will actually invest the money you save on taxes in another retirement account. Your tax advisor can help you determine which tax advantages would benefit you most.

*Consult your tax advisor

Coverdell ESA

A smart way to help pay for education.

A Coverdell Education Savings Account (ESA) with Neighbors United can help you save up to $2,000.00 per child annually. While your contributions are made with after-tax dollars, the earnings and withdrawals are tax-free when used for qualified educational expenses. Additionally, you or any of your family members can contribute to the account. Continue saving each year until their 18th birthday. When the money is withdrawn, it can be applied to a broad range of qualified expenses for college and public or private K-12 education-including tuition, tutoring, room and board, and even computer equipment.

A unique feature of an ESA Account is your ability to transfer funds from one child’s account to another child’s account in the same family. Also, contributions can be made on behalf of the same child to both a Coverdell ESA and a 529 plan. 

Our Certified IRA Representative can answer any questions you may have about your IRA options, features, and benefits.

Contact Tricia Cain