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Money Market & Retirement

Share Certificate

Share Certificates are available with terms ranging from 6 months to 5 years. When you purchase a Certificate, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect until Certificate reaches maturity. Dividends can be compounded, transferred to your Citizens FCU account, or paid directly to you by check (available only on Mini-Jumbo or Jumbo Certificates). Our Share Certificates offer competitive dividend rates.

After the account is opened, you may not make deposits into the account until the maturity date stated on the Certificate. We impose a penalty if you withdraw any of the principal before the maturity date. 

Early withdrawal will result in the loss of dividends, whether earned or not, on amounts withdrawn equal to 90 days for certificates with terms 12 months or less, and 180 days for certificates with terms exceeding 12 months. The penalty may result in a reduction of the principal.

Share Account

The Share Account has a minimum balance of $5. The balance must be a minimum of $50 to earn dividends. Dividends are paid quarterly.

  • Free online & mobile banking
  • No more than 8 withdrawals per month

Health Savings Account


You will have an opportunity to save money to pay high or unexpected medical bills.


High health insurance policy deductibles mean lower premiums.


Your ability to deduct your contributions and the tax deferral of account earnings enable you to build your account.


You can contribute at any time during the year, and your HSA balance rolls over from year to year.


You own the account, so it goes where you go, regardless of any job changes.

Who can contribute?

Roth IRA

You are eligible if you earn compensation and your MAGI* is less than the defined limits set by Congress. If your MAGI is too high to contribute the annual contribution limit, you may be able to make a smaller contribution.

Traditional IRA

Anyone under age 70 ½ who has income from compensation (or who is filing jointly with a spouse who earns compensation).

Anyone who has received a distribution from a qualified retirement plan and decides to move the proceeds of the plan into an IRA.

What are the tax advantages?

Roth IRA

  • Earnings are tax-deferred and withdrawals are tax-free if the account is open for five tax years and withdrawals are for a qualified reason (age 59 ½, disability, death, or a first-time home purchase**).
  • Not required to start withdrawals at age 70 ½.


Traditional IRA

  • Earnings grow tax-deferred until withdrawn.
  • Contributions may be tax-deductible.


When can I withdraw without restrictions?

Roth IRA

  • Regular contributions can be withdrawn tax-free and penalty-free at any time.
  • After the account has been open five tax years, earnings can be withdrawn tax-free and penalty-free for any of these reasons: age 59 ½, disability, death, or a first-time home purchase.**


Traditional IRA

Withdraw penalty-free for any of the following reasons:

  • Qualified higher-education expenses
  • First-time home purchase**
  • Age 59 ½
  • Disability
  • Qualifying medical expenses exceeding 7.5% of adjusted gross income
  • Payment to beneficiaries upon the owner’s death
  • Payment of health insurance premiums while unemployed for 12 weeks or longer


Not intended as tax advice. Please consult a tax professional.
* MAGI – Modified Adjusted Gross Income. Contribution and deductibility limits change frequently. Consult your tax professional regarding your individual circumstances.
** Lifetime limit for exemption on first-time home purchase is $10,000.

Money Market Account

Money Market Accounts are another way to save. You can still have access to your high balance funds without placing them in a Share Certificate. Your dividends are paid monthly on the daily balance.

  • Earn a higher APY than a regular Savings Account
  • No monthly fee with a minimum balance of $2,500
  • Free online & mobile banking
  • No more than 6 transactions per month

We pay account earnings and assess fees against your account as set forth in the Truth-in-Savings Disclosure and Fee Schedule.