Certificates and IRAs

Money Market Certificates

Variety of terms, competitive rates, and low opening deposit. Invest in a Money Market Certificate Account with the people you know and trust. SouthPoint Federal Credit Union offers a secure investment with terms from 3 months up to 3 years. You will like our competitive rates, and our low $1,000.00 opening deposit!

IRA Certificate

Our 24 month CD requires a $2500 Minimum Balance and earns the same rate as our regular certificate.

Traditional or Roth IRAs

You know what they are. You think you should have one. The question is, which one is right for your retirement? For more than five years, retirement-minded individuals have had the option of choosing between the tax-deductible benefit of a traditional IRA and tax-free earnings growth of a Roth. Both are powerful savings tools, but to maximize the benefits of an IRA, you should determine which one best fits your retirement plan. Contact a Financial Service Representative today for more information.

Coverdell Education Savings

Qualified members can contribute up to $2000 per year for each child up to age 18, as long as they did not make any contribution to a state tuition program for that child during the same year. Withdrawals are tax- and penalty-free when used for qualified higher-education expenses for the child. Funds can also be transferred from one child's account to the account of another child in the family who is under 30 years of age.