Individual Retirement Account (IRA)

Traditional IRA

If you are looking ahead to your retirement, Individual Retirement Accounts provide great rates and tax-deferred earnings. You can open an IRA account with as little as $25. Peak also offers spousal IRAs. Money held in IRAs cannot be withdrawn before retirement age without an IRS penalty. Check with your personal tax advisor to determine if an IRA will give you a tax benefit. IRAs are insured for up to $500,000: $250,000 through NCUA¹ and $250,000 through Excess Share Insurance.

Roth IRA

The Roth IRA is less restrictive than traditional IRAs. Earnings on your contributions accumulate tax-free. However, unlike traditional IRAs, contributions are not deductible for federal income tax purposes. Earnings may be withdrawn tax-free and without penalty from an account under certain circumstances. Contributions may be withdrawn at any time, for any reason, tax free. There is no penalty for early withdrawal (subject to certain conditions) on traditional IRAs rolled into a Roth IRA; however, the distribution will be considered income for federal tax purposes. Check with your financial advisor for restrictions on incomes, withdrawals and age.

IRA: Accrued dividends will not be paid to any account closed prior to the end of the period. Qualifying Credit Union IRA accounts are insured up to $500,000 ($250,000 through NCUA¹, and $250,000 through Excess Share Insurance). Deposit/withdrawal restrictions may apply. IRA Certificates cannot be withdrawn and moved into a non-IRA product without potential penalties from the Internal Revenue Service. Check with your tax advisor for specific IRS rules, advice, and tax deductibility on your IRA. For details, please contact Peak Credit Union at (800) 258-3115.

¹Accounts not separately insured. Peak Credit Union accounts are insured by the NCUSIF.

Promotional Certificate Rates

Rates as of: 9/8/25

7 Month

4.00%

13 Month

4.00%

19 Month

4.00%

25 Month

4.00%

IRA Rates

Rates as of: 7/1/25

3 Month

1.10%

6 Month

2.70%

12 Month

2.60%

18 Month

2.25%

24 Month

2.15%

36 Month

2.15%

48 Month

2.10%

60 Month

2.10%

$0 - $999.99

0.15%

$1,000 - $9,999.99

0.15%

$10,000 - $24,999.99

0.25%

$25,000 - $49,999.99

0.30%

$50,000 - $99,999.99

0.35%

$100,000 - $149,999.99

1.20%

$150,000 - $249,999.99

1.30%

$250,000 and up

1.40%

$0 - $999.99

0.25%

$1,000 - $9,999.99

0.40%

$10,000 - $24,999.99

0.40%

$25,000 - $49,999.99

0.50%

$50,000 - $99,999.99

0.65%

$100,000 - $149,999.99

1.30%

$150,000 - $249,999.99

1.40%

$250,000 and up

1.50%

IRA Certificates

3 Month

1.10%

6 Month

2.70%

12 Month

2.60%

18 Month

2.25%

24 Month

2.15%

36 Month

2.15%

48 Month

2.10%

60 Month

2.10%

IRA Money Market Savings

$0 - $999.99

0.15%

$1,000 - $9,999.99

0.15%

$10,000 - $24,999.99

0.25%

$25,000 - $49,999.99

0.30%

$50,000 - $99,999.99

0.35%

$100,000 - $149,999.99

1.20%

$150,000 - $249,999.99

1.30%

$250,000 and up

1.40%

Executive IRA Money Market

$0 - $999.99

0.25%

$1,000 - $9,999.99

0.40%

$10,000 - $24,999.99

0.40%

$25,000 - $49,999.99

0.50%

$50,000 - $99,999.99

0.65%

$100,000 - $149,999.99

1.30%

$150,000 - $249,999.99

1.40%

$250,000 and up

1.50%

*APY = Annual Percentage Yield. Rates, terms, and conditions are subject to change. Fees may reduce earnings. The terms applicable to your Share Accounts at Peak are provided in the Membership and Account Agreement. Prime/Regular Savings requires $100 minimum daily balance to earn dividends. Other savings may not require a minimum balance to earn dividends. Minimum balance to open a certificate is $500. A parent or guardian must accompany a minor as a joint account owner on any minor accounts. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends are compounded monthly and will be credited monthly. The Annual Percentage Yield on certificates assumes dividends will remain on deposit until maturity. A penalty may be imposed for early withdrawal and will impact earnings on the account. You must be a Peak member to qualify. Upon maturity, your certificate will automatically renew at the current rate if not closed. Save to win: 12-month term only, see Official Account and Prize Entry Rules for full details. Must be 18 or over. A grace period of 7 days after maturity applies. Business certificates are available for all terms. Youth certificates available for terms 3-60 months with a minimum deposit of $100. IRA Certificates cannot be withdrawn and moved into a non-IRA product without potential penalties from the Internal Revenue Service. Check with your tax advisor for specific IRS rules, advice, and tax deductibility on your IRA. For details, please contact Peak Credit Union at (800) 258-3115.

Promotional Certificates: The 7, 13, 19, and 25-month promotional rate terms will revert to the non-promotional 6, 12, 18, and 24-month terms, respectively, upon maturity. A grace period of 7 days applies.

**APY = Annual Percentage Yield. Rates may vary after account opening. Minimum of $1,000 deposit required for account opening, minimum balance not required to earn dividends. Executive MM and Executive IRA MM require an Executive Checking Account. Rates, terms, and conditions are subject to change. Fees may reduce earnings. The terms applicable to your Deposit Accounts at Peak are provided in the Membership and Account Agreement. Prime/Regular Savings requires $100 minimum daily balance to earn dividends. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends are compounded and credited monthly. Accrued dividends will not be paid to any account closed prior to the end of the dividend period. For complete details, please contact Peak Credit Union at (800) 258-3115.