Individual Retirement Account (IRA)

An Individual Retirement Account (IRA) should be the central building block of any financial portfolio. When you invest in an Omaha Federal Credit Union IRA, you can be sure your money will be there when you need it...because they’re insured investments which are built to last. Unlike stocks or mutual funds, all Omaha Federal Credit Union’s IRA accounts are separately insured up to $250,000 by NCUA, an agency of the federal government. This means your money (both the dividends and the principal) will always be there for you.

In 2001, the benefits of IRAs were improved with the passage of The Economic Growth and Tax Relief Reconciliation Act of 2001. To see the new and improved benefits and features of the Traditional, Roth and Coverdell ESA(formerly known as the Education IRA) See Our IRA Chart.

You can use the At Your Service Form on this site to do transfers, renewals, and/or cancelling your current OFCU IRA Share Certificate or to change your IRA beneficiary.

Omaha Federal Credit Union offers all three (Education, Roth, and Traditional) IRA plans. For each of these you may choose either:

Variable Rate
• $25 minimum balance is required.
• No monthly fees.
• Contributions may be made in "lump sums" or by regular deposits throughout the year.
• Dividends are paid monthly.

  Fixed Rate IRA

• This IRA is in Share Certificates
• Terms available from 6 to 60 months
• Minimum $500 deposit - Terms over 24 months require a minimum deposit of $2,500.
• Dividends are paid at maturity
• Check with Omaha Federal Credit Union for current rates by calling (402) 399-9001 or use our Rateboard .

  NOTE: We suggest that you consult with your tax advisor on which IRA is best for you and on the deductibility of your contributions.

  Share Certificate Disclosure

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  How to Become a Member and Open Your IRA Account - It's Quick and It's Easy

  1. Fill Out Our On-Line Member Application
  2. Come By One of Our Convenient Offices and Sign the Signature Card
  3. Make Your Initial Deposit of $5 To Your Regular Savings Account
     And Deposit Funds To Your IRA As Appropriate.
  You're Out The Door In 5 Minutes!
  
  

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  For more information on our products, services or feedback on our Web site:
  Phone: (402) 399-9001
  Toll-Free: 1-800-660-7350
  Fax: (402) 399-0129
  Email: Web Site Information