- Overview
- Premier
- Preferred
- Free
- Reorder Checks
- Account Reconciliation

- Share Account
- Club Accounts
- Money Market
- Junior Advantage
- Share Certificate
- Safe Deposit Boxes

- Traditional IRA
- Coverdell ESA
- Roth IRA
- IRA Center

- VISA Check Card
- ATM Card
- Direct Deposit

Traditional IRA
A traditional IRA is a retirement plan that offers tax-deferred earnings, and the possibility for tax-deductible contributions. These tax advantages make the traditional IRA a powerful tool in creating a balanced, long-term savings plan. Be sure to also view our helpful IRA Faq below.

A traditional IRA brings you significant upfront tax advantages, and with less money taken out for taxes, the power of compound earnings is strengthened. Your earnings are tax-deferred. Over the next several years, the amount you can contribute is increasing and may be tax-deductible if you qualify.

NOTE: NCUA has now increased retirement account coverage to $250,000;
standard share account coverage remains $100,000

With a Traditional IRA:

• Earnings accumulate tax-deferred
• Contributions are tax-deductible if you qualify
• The amount you can contribute is increasing
• No deposit required to open.

New IRA Center! Through the IRA Center you can open your Individual Retirement Account (IRA), manage it, and connect with IRA Specialists. IRA Center has educational articles on IRAs and retirement planning, planning tools, risk analyzers, investment options and the forms you need to complete your transactions. More >>

IRA Calculators

• Am I eligible for an IRA?
• Which IRA is best for me?
• Should I convert to a Roth IRA?
• How do I calculate required distributions?
• How do I estimate before age 59 ½ equal payments?
• How much will I have in my IRA when I retire?
• More Calculators

Learn more about Traditional IRAs

• Are you eligible for a traditional IRA?
• What are the tax advantages?
• What are the early withdrawal rules?
• When are you required to begin withdrawals

Learn more about Rollovers

• Do you have a retirement plan with a former employer?
• What should you consider before rolling over your plan?
• How do you roll over your plan?

What type of IRA are you eligible for? 

• General eligibility rules
• Roth IRA eligibility rules
• Traditional IRAs - when contributions are tax-deductible
• Traditional IRAs - when contributions are nondeductible

Which IRA is right for you? 

• If you qualify for all types of IRAs
• If you qualify for a Roth IRA
• If you don’t qualify for a Roth IRA
• If you have an employer retirement plan

How much can you contribute to an IRA? 

• General contribution rules
• When you can make contributions

How do you set up an IRA? 

• General account rules
• Investment consideration

If you have any further questions about any of our IRA's, please do not hesitate to contact Tina Moore at (757) 877-2444 ext. 3091 or by E-Mail.

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government
by the NCUA (National Credit Union Administration), a U.S. Government Agency