Individual Retirement Accounts are still one of the best ways to save for your retirement, and El Paso Employees Federal Credit Union has a great IRA program.

With as little as $50, you can open up an IRA account that pays a high quarterly dividend.  It is an open-ended account that you can contribute to at your own convenience.  There are no service charges and no annual fees.

If you wish, you can direct all or part of your IRA into an IRA Term Share Certificate.  This enables you to earn the highest return possible with terms from six (6) months to five (5) years.

The credit union offers three types of IRA's:  The Traditional IRA, The Roth IRA, and The Education IRA.  For detailed information about each type of IRA, you can pick up a special IRA brochure at any branch office.

ADDING TO YOUR SECURITY - Your savings are insured up to $350,000.  The first $100,000 per member is insured by the National Credit Union Administration, a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation. 

Click here for information on current dividend rates.