Altra’s Routing #: 291881216

IRA Certificates

Prepare for retirement with an IRA Certificate

IRA Certificates

Choose a 12- to 60-month fixed rate investment with very competitive tiered dividend rates. $1,000 minimum deposit required. Get Altra’s Best Rate when you have an Altra Checking Account with Direct Deposit.  Dividends are paid quarterly.

IRA Certificates cannot be opened online. Please call 800-755-0055 or visit your nearest branch for more information.

Certificate / IRA Certificate Rates

Rates effective May 23, 2022; subject to change.

Term Minimum Balance Dividend
60-month $1,000 1.244 1.25
48-month $1,000 0.996 1.00
$1,000 0.896 0.90
24-month $1,000 0.747 0.75
18-month $1,000 0.648 0.65
12-month $1,000 0.648 0.65
6-month $1,000 0.548 0.55

†6 month term not available on IRA certificates. Penalty may be imposed for withdrawals made before maturity from all Certificates. The Dividend Rate and Annual Percentage Yield are the prospective rates and yields Altra anticipates paying for the applicable dividend period. Contact Altra for additional account disclosure information.

For Business Rates visit the Business Rate Page.

*APY=Annual Percentage Yield. A penalty may be imposed for withdrawals made before maturity from all Certificates. The penalty for early withdrawal is 90 days of dividends for terms of 12 months or less. The penalty for early withdrawal is 180 days of dividends for terms over 12 months. Please contact Altra for complete details.

Traditional & Roth IRAs

Traditional IRAs

Roth IRAs

Inherited IRAs

Coverdell ESAs

Retirement Plans

IRA & Retirement Plan Distributions

Transfer, Rollovers, & Conversions

SEP, SIMPLE IRA, & Individual (k) plans

Deposit Insurance

Your savings at Altra are federally insured to $250,000 with IRA accounts insured separately for an additional $250,000. The National Credit Union Share Insurance Fund (NCUSIF), is a federal fund backed by the full faith and credit of the United States government.