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 months to five years.
The credit union offers three types of IRA's:
- Traditional IRA
- Roth IRA
- 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 $500,000. The first $250,000 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.
Need an answer?
Please contact us by phone at (915) 593-5866 or toll free at 1-888-373-3281, through email or stop by one of our branch locations for more information about our convenience options.
