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, 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 2.47% 2.50%
7 Month1 4.89% 5.00%
12 Month 3.20% 3.25%
24 Month 3.20% 3.25%
25 Month2 4.12% 4.20%
36 Month 3.20% 3.25%
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 10.01.24 and subject to change at any time. Penalty for early withdrawal. 
1 7-Month certificate special only. APY = Annual Percentage Yield. 4.89% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 10.1.24 and subject to change at any time. Penalty for early withdrawal. Will renew to the 6-month CD if auto-renew is chosen. 25-Month certificate special only. APY = Annual Percentage Yield. 4.12% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 10.1.24 and subject to change at any time. Penalty for early withdrawal. Will renew to the 24-month CD if auto-renew is chosen.
 

HSA Certificates

TERM DIVIDEND RATE APY
6 Month 2.47% 2.50%
7 Month1 4.89% 5.00%
12 Month 3.20% 3.25%
24 Month 3.20% 3.25%
25 Month2 4.12% 4.20%
36 Month 3.20% 3.25%
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 10.01.24 and subject to change at any time. Penalty for early withdrawal. 
1 7-Month certificate special only. APY = Annual Percentage Yield. 4.89% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 10.1.24 and subject to change at any time. Penalty for early withdrawal. Will renew to the 6-month CD if auto-renew is chosen. 25-Month certificate special only. APY = Annual Percentage Yield. 4.12% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 10.1.24 and subject to change at any time. Penalty for early withdrawal. Will renew to the 24-month CD if auto-renew is chosen.
 
 

IRA Certificate Account



TERM DIVIDEND RATE APY
6 Month 2.47% 2.50%
7 Month1 4.89% 5.00%
12 Month 3.20% 3.25%
24 Month 3.20% 3.25%
25 Month2 4.12% 4.20%
36 Month 3.20% 3.25%
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 10.01.24 and subject to change at any time. Penalty for early withdrawal. 
1 7-Month certificate special only. APY = Annual Percentage Yield. 4.89% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 10.1.24 and subject to change at any time. Penalty for early withdrawal. Will renew to the 6-month CD if auto-renew is chosen. 25-Month certificate special only. APY = Annual Percentage Yield. 4.12% dividend rate. Membership savings account required. $1,000 minimum deposit. Not eligible for online opening. Maximum $1,000,000 per household. Rates effective 10.1.24 and subject to change at any time. Penalty for early withdrawal. Will renew to the 24-month CD 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 10.01.2024 and subject to change at any time. Penalty for early withdrawal.