IRA Certificates & Shares

IRA Shares

Individual Retirement Accounts (IRAs) are personal savings plans that may provide tax incentives for individuals to set money for retirement. You can elect to invest your retirement savings in IRA Share Certificates. Please consult with a professional tax adviser for tax advice.

  • Minimum deposit to open IRA Share Account is $5.00.

Traditional IRA Share Certificates

  • Traditional IRA Share Certificates* are available in the following amounts and terms:
  • 24 and 36 month terms – $1,000.00 minimum deposit. The dividends are credited and compounded to the certificate monthly.
  • Traditional IRA Share Certificates will automatically renew at maturity unless you indicate otherwise. If you choose not to renew, the money must roll over into another Traditional IRA account or you may face a tax penalty.
  • Early withdrawal penalties may apply to the Traditional IRA Share Certificates.

Roth IRA Share Certificates

  • Roth IRA Share Certificates* are available at the same rate as Traditional IRA Share Certificates and available in the following amounts and terms:
  • 24 and 36 month terms – $1,000.00 minimum deposit. The dividends on these certificates are credited and compounded to the certificate monthly.
  • Roth IRA Share Certificates will automatically renew at maturity unless you indicate otherwise. If you choose not to renew the certificate, the money must roll over into another ROTH IRA account or you may face a tax penalty.
  • Early withdrawal penalties may apply to the Roth IRA Share Certificates.

For disclosure information, contact POPA FCU at 562.229.9181, or 800.369.7672.

Check out our current IRA rates.

(Rates effective as of October 17, 2018)

*The Dividend Rate for each Term Share (Certificate and IRA Certificate) Account is set forth above. For purposes of this disclosure, such Dividend Rates were offered within the most recent seven calendar days and were accurate as of the date set forth above. Rates are subject to change—please call the POPA office nearest you for current rate information.

**The Annual Percentage Yield (APY) on all accounts may change every month, as determined by the Credit Union’s Board of Directors. Fees for other conditions could reduce earnings on any of the listed accounts. All accounts are subject to the terms and conditions set forth in the Credit Union’s Account Agreement and Truth-in-Savings disclosure. Rates and programs are subject to change without notice.

Term Balance Dividend Rate* APY**
6 Months $1,000.00 – $24,999.99 1.144% 1.15%
6 Months $25,000.00 – $49,999.99 1.193% 1.20%
6 Months $50,000.00 + 1.292% 1.30%
12 Months $1,000.00 – $9,999.99 1.638% 1.65%
12 Months $10,000.00 – $49,999.99 1.687% 1.70%
12 Months $50,000.00 – $89,999.99 1.736% 1.75%
12 Months $90,000.00 – $199,999.99 1.785% 1.80%
12 Months $200,000.00 + 1.834% 1.85%
18 Months $1,000.00 – $9,999.99 1.687% 1.70%
18 Months $10,000.00 – $49,999.99 1.736% 1.75%
18 Months $50,000.00 – $89,999.99 1.785% 1.80%
18 Months $90,000.00 – $199,999.99 1.834% 1.85%
18 Months $200,000.00 + 1.884% 1.90%

*The Dividend Rate for each Term Share (Certificate and IRA Certificate) Account is set forth above. For purposes of this disclosure, such Dividend Rates were offered within the most recent seven calendar days and were accurate as of the date set forth above. Rates are subject to change—please call the POPA office nearest you for current rate information.

**The Annual Percentage Yield (APY) on all accounts may change every month, as determined by the Credit Union’s Board of Directors. Fees for other conditions could reduce earnings on any of the listed accounts. All accounts are subject to the terms and conditions set forth in the Credit Union’s Account Agreement and Truth-in-Savings disclosure. Rates and programs are subject to change without notice.

Term Balance Dividend Rate* APY**
24 Months $1,000.00 – $9,999.99 1.834% 1.85%
24 Months $10,000.00 – $49,999.99 1.884% 1.90%
24 Months $50,000.00 – $89,999.99 1.933% 1.95%
24 Months $90,000.00 – $199,999.99 1.982% 2.00%
24 Months $200,000.00 + 2.031% 2.05%
36 Months $1,000.00 – $9,999.99 2.178% 2.20%
36 Months $10,000.00 – $49,999.99 2.227% 2.25%
36 Months $50,000.00 – $89,999.99 2.276% 2.30%
36 Months $90,000.00 – $199,999.99 2.325% 2.35%
36 Months $200,000.00 + 2.374% 2.40%