Certificates and IRAs
Your credit union offers a variety of options for your short term and long-term savings needs. Explore a few of our options below, and don’t hesitate to contact us with questions.
Certificates
Certificate Accounts are accounts that offer a higher yield when the funds are compounded to the certificate. A minimum deposit of $500 is required to open a certificate. You can choose a length of time for the certificate: 6-month, 1-year, 18-month, 2-year, 30-month, 36-month and 48-month terms are available.
A penalty may be assessed for early withdrawal.
Individual Retirement Accounts (IRAs)
For many of us, a comfortable retirement will require that we set goals and start saving today. Fortunately, your credit union has a number of retirement savings options that can help you reach your goals and more. We offer Traditional and ROTH IRAs. Diamond Lakes Federal Credit Union offers both IRA Savings Accounts and IRA Certificates.