Certificates & IRAs
Take advantage of higher dividends and short-term commitment with a certificate or work towards your retirement goals with an Individual Retirement Account (IRA).
IMCU offers a range of terms to meet a variety of needs.
Certificates
- Terms available: 6-mo, 9-mo, 1, 2, 3, 4, 5 & 7 year terms
- Minimum balance: $1,000
- Dividends are compounded monthly & credited on the last day every month
Individual Retirement Account
- Roth IRAs- Expand after-tax investment opportunities and offers members tax-free withdrawals at retirement or for certain other qualified uses.
- Traditional IRAs- A Traditional IRA is a popular investment tool that continues to grow due to its simplicity and benefits. It also offers the opportunity for pre-tax investments and tax-deferred growth for retirement and other financial needs.
- Coverdell Education Savings Accounts- Formerly known as Education IRAs, these accounts provide a tax-advantage not offered by other types of savings accounts. With increased contribution limits and expanded “qualified” (tax-free) expenses, individuals have a greater opportunity to enjoy the benefits offered. Earnings are tax-deferred and may be tax-free if used for educational purposes.
Indiana Members Credit Union is not licensed to provide tax advice. Please refer to your tax advisor for details.
Current Rates
Certificates
| TERM | DIVIDEND RATE | APY |
| 6 Month | 3.45% | 3.51% |
| 9 Month1 | 4.22% | 4.30% |
| 12 Month | 3.20% | 3.25% |
| 24 Month | 3.20% | 3.25% |
| 36 Month | 3.93% | 4.00% |
| 48 Month | 2.96% | 3.00% |
| 60 Month | 2.96% | 3.00% |
| 84 Month | 2.23% | 2.25% |
APY = Annual Percentage Yield. Membership savings account required. $1,000 minimum deposit. Maximum $1,000,000 per household. Rates effective 07.01.2025 and subject to change at any time. Penalty for early withdrawal.
19-Month certificate account only. APY = Annual Percentage Yield. 4.22% dividend rate. Membership savings account required. $1,000 minimum deposit. Maximum $1,000,000 per household. Rates effective 07.01.25 and subject to change at any time. Penalty for early withdrawal. Will renew to the 6-month certificate account if auto-renew is chosen.
HSA Certificates
| TERM | DIVIDEND RATE | APY |
| 6 Month | 3.45% | 3.51% |
| 9 Month1 | 4.22% | 4.30% |
| 12 Month | 3.20% | 3.25% |
| 24 Month | 3.20% | 3.25% |
| 36 Month | 3.93% | 4.00% |
| 48 Month | 2.96% | 3.00% |
| 60 Month | 2.96% | 3.00% |
| 84 Month | 2.23% | 2.25% |
APY = Annual Percentage Yield. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 07.01.25 and subject to change at any time. Penalty for early withdrawal.
19-Month certificate account only. APY = Annual Percentage Yield. 4.22% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 07.01.25 and subject to change at any time. Penalty for early withdrawal. Will renew to the 6-month certificate account if auto-renew is chosen.
IRA Certificate Account |
||
|---|---|---|
| TERM | DIVIDEND RATE | APY |
| 6 Month | 3.45% | 3.51% |
| 9 Month1 | 4.22% | 4.30% |
| 12 Month | 3.20% | 3.25% |
| 24 Month | 3.20% | 3.25% |
| 36 Month | 3.93% | 4.00% |
| 48 Month | 2.96% | 3.00% |
| 60 Month | 2.96% | 3.00% |
| 84 Month | 2.23% | 2.25% |
APY = Annual Percentage Yield. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 07.01.25 and subject to change at any time. Penalty for early withdrawal.
19-Month certificate account only. APY = Annual Percentage Yield. 4.22% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 07.01.25 and subject to change at any time. Penalty for early withdrawal. Will renew to the 6-month certificate account if auto-renew is chosen.
IRA Savings Account |
||
|---|---|---|
| TERM | DIVIDEND RATE | APY |
| N/A | 1.50% | 1.51% |
APY = Annual Percentage Yield. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 07.01.2025 and subject to change at any time. Penalty for early withdrawal.