Credit Union West investments

Trust Your Future To CU West

When members discuss financial planning, two expenses consistently rank as the most daunting: retirement and your child’s education.

Fortunately, Credit Union West can help you fund these important allocations with various individual retirement accounts. When looking to the future, trust your investments to a financial cooperative that exists to serve you and offers federal insurance up to $250,000*.

Open an account today and explore your IRA options.

Traditional IRA

A Traditional IRA augments your retirement fund with tax-deferred growth.

  • Contributions may be tax-deductible
  • No penalties for certain withdrawals
  • No income restrictions on participants
  • Mandatory distributions start at age 70 ½

Roth IRA

The Roth IRA provides different tax advantages to eligible participants.

  • Tax-free earnings
  • Certain withdrawals are tax-free after five years
  • Available only to single-filers earning less than $122,000 or married couples earning a combined maximum of less than $179,000 annually
  • No mandatory distributions

Coverdell Education Savings Account (ESA)

Start building your child’s education account with a Coverdell ESA.

  • Child must be under 18 or have special needs
  • Tax-free, penalty-free distributions for qualified education expenses

IRA Savings

You’ll gain more money-management flexibility with an IRA Savings account.

  • Open an account with as little as $5 by deposit, roll-over or transfer
  • Contribute to the account anytime or regularly with automatic transfer
  • Click here to view our Share rate information

IRA Certificate

Lock in specific rates of growth for your IRA with an IRA Certificate.

  • Open an account with as little as $500 by deposit, roll-over or transfer
  • Earn higher yields over the course of 6 to 60 months
  • Automatically renews for continued growth
  • Click here to view our Certificate rate information

What’s My Maximum Allowable Annual Contribution?

  • $5,500 in a Traditional or Roth IRA for members 49 and younger
  • $6,500 in a Traditional or Roth IRA for members 50 and older
  • $2,000 in a Coverdell ESA

For up-to-date guidelines regarding tax rules and regulations, please refer to

*IRA accounts are insured separately from other accounts to $250,000 by the NCUA, a U.S. government agency. Please refer to our Membership & Account Agreement for complete details and restrictions on these accounts.