IRAs
Individual Retirement Accounts and Education Savings
Prepare for the future with a 1st MidAmerica IRA including Roth IRAs, Traditional IRAs, and Coverdell Savings Accounts. Whether making employer-funded contributions, or individual contributions, we offer competitive dividend rates. And, there are no annual or maintenance fees. We also offer IRA certificates at the same rates as our share certificates.
- Traditional IRAs
- Roth IRAs
- Coverdell ESAs
- Traditional and Roth IRAs
- Transfers, Rollovers, and Conversions
- IRA and Retirement Plan Distributions
- Retirement Plans
- SEP, Simple IRA, and Individual (k) Plans
View Current IRA Rates
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Our IRAs also insured up to $500,000 per member. The National Credit Union Administration (NCUA), a U.S. government agency, insures your account up to $250,000 per member. When your accounts exceed $250,000, the maximum level of coverage provided through NCUA on IRAs, you are also insured up to an additional $250,000 By ESI, a private insurer.
The National Credit Union Administration (NCUA), a U.S. government agency, insures your account up to $250,000 per member. When your accounts exceed $250,000, the maximum level of coverage provided through NCUA, you are also insured up to an additional $250,000. Your board of directors has chosen to provide this exceptional level of insurance through a private company. This supplemental insurance is provided by Excess Share Insurance (ESI) Corporation. ESI is a subsidiary of American Share Insurance, the nation's largest private deposit insurer for credit unions. Excess share insurance is available only to credit unions meeting the company's rigid requirements and standards of performance.
