Columbus Day Closing Notice
Kelly Community will be closed Monday, October 10th, in observance of Columbus Day. We will resume regular business hours on Tuesday, October 11th.  We wish you a safe and enjoyable holiday weekend!

IRA

INDIVIDUAL RETIREMENT ACCOUNT

Planning for tomorrow begins today.

Savings for retirement. Grow your money with this popular retirement account. An ounce of prevention is worth a pound of cure.

What is a Traditional IRA?

A Traditional IRA is a tax-advantaged savings account. That means you typically don’t pay taxes on the money in the account until you use the money.

Save money now, pay taxes on it later.

A Traditional IRA helps you save for retirement by allowing you to grow your money tax-deferred. Our credit union offers IRA Savings as well as IRA Certificates.

  • No minimum balance
  • Flexible terms
  • Flexible deposits

What is a ROTH IRA?

A ROTH IRA is a tax-advantaged savings account. That means you fund the account with money that you have already paid taxes on, but the funds are typically tax-free when you withdraw them.

Use your net pay now, and your earnings are tax-free.

A ROTH IRA helps you save for retirement by allowing you to pay taxes up front and have no taxes on your qualified withdrawals. Our credit union offers ROTH IRA Savings as well as ROTH IRA Certificates.

  • No minimum balance
  • Flexible terms
  • Flexible deposits

How it works.

  • No minimum balance is required to open an IRA Savings Membership, but you will need to be a member of Kelly Community. For an IRA Certificate, you’ll need to deposit $1,000.
  • Contributions may be made in “lump sums” or by regular deposits to an IRA Savings Membership throughout the year.
  • IRA Certificates are available with terms of 3, 6, 12, 18, 24, 36, 48, and 60 months.

Note: There is a penalty for withdrawals from the IRA Savings Membership, unless you are moving the money over to an IRA CD, or you are eligible to withdraw.

IRA withdrawal rules and penalty details vary depending on your age and type of IRA.


A financial guide you can trust with your retirement.

When it comes to your retirement, you want a financial institution that will stick with you through thick and thin. Kelly Community has been around for more than 50 years. We pride ourselves on our great rates, family values, and excellent customer service. And we’re local, so you can come into one of our branches today.

Great credit union. Great low rates.

IRAs
Dividend RateAPY*Minimum Balance
IRA Savings0.45%0.451%N/A
3 Month IRA Certificate0.25%0.250%$1,000.00
6 Month IRA Certificate0.50%0.501%$1,000.00
12 Month IRA Certificate0.60%0.602%$1,000.00
18 Month IRA Certificate0.65%0.652%$1,000.00
24 Month IRA Certificate0.75%0.753%$1,000.00
36 Month IRA Certificate0.85%0.854%$1,000.00
48 Month IRA Certificate0.95%0.955%$1,000.00
60 Month IRA Certificate1.05%1.056%$1,000.00
*Annual Percentage Yield
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