Savings

Home > Services > Savings > IRAs

Individual Retirement Accounts (IRAs)

If you are thinking about setting up an IRA for your retirement, you\’ve come to the right place. Medina County Federal Credit Union offers both Roth IRAs and Traditional IRAs to our members.

Traditional IRAs

  • Contributions may be tax deductible
  • Deposits are insured up to $250,000 by the National Credit Union Administration
  • Interest may also be tax deductible

Roth IRAs

  • Your earnings grow tax-deferred
  • Contributions can be withdrawn with no tax penalty or liability
  • Qualified contributions may never be taxed

For more information on our IRAs, please contact us at 1-800-367-8932 or stop by one of our branch locations.

Truth-In-Savings Disclosure for Share Accounts