Textured green background image

Piedmont Credit Union (logo)

We're Your Community Credit Union

Planning for retirement is something that most of us only think about when it is too late to make much of a difference.  Roth and Traditional IRAs are wonderful ways to save money to supplement your retirement. Piedmont Credit Union offers IRA Certificates.  You should always consult a trusted tax advisor when making decisions about retirement.

Typical use of a Piedmont Credit Union IRA

Piedmont Credit Union has a special IRA Share Account for the purpose of holding IRA funds before they are able to be transferred to an IRA Certificate.  This is very useful if you want to save for retirement little by little such as through Direct Deposit or Payroll Deduction.  The IRA Share Account earns a much better interest rate than Regular
Shares.  When it has accumulated to at least $1,000 you may transfer it to an IRA Certificate at an even higher interest rate.  The IRA Certificate rate is locked in for a specific amount of time such as 6 months, 12 months, or even up to 5 years.

There are maximum amounts that may be deposited to a single IRA per year but there are no limits on how many IRA's someone may have.

It is never too early to start planning for your future.  For more information please contact us and let us know that you are interested in an IRA.