IRA Accounts

Start early and reap the rewards when you retire.

It’s never too early to start.

Earn a lifetime of compounded interest, whether you invest in a Traditional or Roth IRA for retirement or a Coverdell Education IRA.

Traditional IRA Accounts

Save for the future safely and securely at your own pace with a Traditional Individual Retirement Account (IRA).*

Features & Benefits:

  • No minimum balance or minimum deposit
  • No monthly administrative fees
  • Dividends paid quarterly
  • Insured up to $250,000
  • Multiple, fixed-rate terms up to 60 months

Roth IRA Accounts

Invest in your future with a higher-interest Roth IRA and earn tax-free, compounded growth that rewards you when you retire.*

Features & Benefits:

  • No minimum balance or minimum deposit
  • No monthly administrative fees
  • Dividends paid quarterly
  • Insured up to $250,000
  • Multiple, fixed-rate terms up to 60 months

Coverdell Education IRA Accounts

Prepare for the high cost of education with a tax-free Coverdell Education Savings Account (CESA) in the name of a child up to age 18.** Unlike 529 plans, you can use CESA funds for elementary, secondary or college education.

Features & Benefits:

  • No minimum balance requirement
  • Pays dividends
  • Variable rate
  • Easy access to funds for any educational expense
  • Contributions can be made by anyone

Thank you for your interest in becoming a Crane Credit Union member.

Here’s what you’ll need to join:

  • Driver’s License
  • Social Security Number
  • Current financial institution account and routing numbers

Important Information about Applying for an Account

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify and record information that identifies each person (individuals or businesses) who opens an account.

What this means for you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying documents.

Thank you for your interest in becoming a Crane Credit Union member.

Here’s what you’ll need to join:

  • Driver’s License
  • Social Security Number
  • Current financial institution account and routing numbers

Important Information about Applying for an Account

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify and record information that identifies each person (individuals or businesses) who opens an account.

What this means for you: when you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying documents.

You may also be interested in:

Home Equity Loan

Leverage a long-term investment to finance a short-term project. Tap into your home equity with a Crane Credit Union Home Equity Loan.

Learn More about home equity loans

Crane Cares

See how Crane Cares makes an impact on your community, from random acts of kindness to partnerships with local schools and organizations.

Learn More about our community impact

*Even if you’re already contributing, you can realize income tax deductions or deferrals, depending on the program.

**Contributions are not tax-deductible and are limited to $2,000 annually. Available only to single taxpayers with adjusted gross income (AGI) levels of $95,000 or below and married taxpayers with AGI of $190,000 or below.