Retirement
Setting you up for the future you’ve always dreamed of.
Stay retirement-ready
Whatever you have planned for retirement, we’re focused on your future. From kicking back in comfort at your cabin on the lake, to preventing the unexpected pop-ups from becoming a problem expense, we offer a number of different accounts that are designed to get you ready for anything that retirement can throw at you.
Worry-Free Savings
IRA CDs
Lock in a non-variable rate and relax while you save for retirement. IRA CDs offer hands-free, structured savings that you can count on from the start—and with plenty of term lengths available, there’s an IRA CD for everyone.
Tax-Deferred Deposits
IRA Savings Account
Saving money for your retirement isn’t just a smart move for the future—the benefits start right away! Every deposit in your IRA Savings Account up to the federally mandated maximum amount lowers your taxable income and earns dividends, so watching out for future-you means that you’re also making the most of your money right now.
- Build savings with tax-deferred deposits
- No minimum to earn dividends
- No monthly fee with balance above $300
- Federally Insured by NCUA up to $250,000 with additional coverage up to $100,000 from ESI Corporation
- Digital banking and automatic deposit support
- Only $5 to open!
Savings Account Rates
Date Updated Apr 24, 2025
Minimum to Open | Minimum to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|
Basic Savings |
|
|
|
$5 | $100 | 0.05% | 0.05% |
High Yield Savings |
|
|
|
$5 | $0 | 9.57% | 10.00% on balances up to $1,000 |
|
| 0.10% | 0.10% on balances over $1,000 |
Kids Savings |
|
|
|
$5 | $0 | 0.05% | 0.05% |
Holiday Savings |
|
|
|
$5 | $0 | 0.05% | 0.05% |
IRA Savings |
|
|
|
$5 | $0 | 0.05% | 0.05% |
Health Savings |
|
|
|
$5 | $0 | 0.05% | 0.05% |
*APY = Annual Percentage Yield. APY may change before or after the account is opened. Fees may reduce earnings. Goal Setter Accounts require monthly auto deposits to earn dividends, subject to penalty for early withdrawal. Rates are subject to change at any time. Community Financial Credit Union membership is required. Community Financial Fee Schedule.
Higher Rates & Boosted Flexibility
IRA Money Market Account
Looking for a little more for your bigger balances? An IRA Money Market Account is a nice balance between the steadiness of savings and the rates of CDs, so you can fine-tune your financial plan for the retirement you’ve always wanted. Better yet, all Community Financial Money Market Accounts offer IRA options!
Beyong Savings
Investments & Insurance Services
Your retirement plan is only one piece of the puzzle. If you’re not sure what the best move is for your money, we’ll help you get set up for whatever’s coming with a plan you can feel comfortable about.
Other retirement resources
News
Paper Government Checks Are Going Away—Here’s How to Be Ready
Big change ahead: The federal government is phasing out paper checks for both Social Security and IRS tax returns. Here’s how to set up direct deposit before the deadline!
news
Gen X & Retirement: Keeping Your Wild Dreams Alive
Your wild dreams don’t have to stop at retirement. Our president & ceo, Tansley Stearns, recently shared tips with MSN and Yahoo Finance on how to take control of your future and keep dreaming big.
Guide
What to Do When You Don't Have a 401(k)
Retirement planning tips for when your employer doesn't offer a 401(k), 403(b) or 457 employer-sponsored retirement savings plan.
What We Do
Making Impossible Dreams come true on the daily.
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