Traditional & ROTH IRA

Icon of Piggy Bank for Traditional & Roth IRA

Putting a plan into action to assure your security.

Planning for the future is a job for the present. Having a financial safety net can help you prepare for milestones in your life like retirement. At Tangipahoa Parish Teachers’ Credit Union, we offer our members Traditional and Roth IRAs to safeguard their futures. If you haven’t considered your financial future, now is the time.

If you are a TPTCU member, or eligible to become one, contact us today to find out more about the IRAs we offer.

Traditional & ROTH IRA

Dividends compounded quarterly. Dividends are credited quarterly.

*APY = Annual Percentage Yield

No minimum deposit required. IRA contribution limit is $6500 ($7500 for age 50 or older) per IRS regulations. Matures with principal and interest renewing automatically.

*IRA accounts may be withdrawn from; however, any withdrawals may be subject to penalties imposed by the credit union and/or the internal revenue service. Contact a credit union employee for more information.

The IRA Certificate Account is a term share account.  The Annual Percentage Yield is fixed at the time you make the initial deposit to open or renew the account, and will not change during the term of the Certificate. Dividends earned are posted and compounded quarterly. Early withdrawal penalties apply. **You should consult your tax professional to see which specific tax advantages apply to your situation.

Truth in Savings Disclosure

Interested in Becoming a Member?

Founded on the basic democratic premise of the cooperative movement, credit unions believe that access to low-cost financial services is critical to the health and stability of ordinary citizens. At TPTCU we offer memberships to full-time, permanent employees of Tangipahoa Parish School System or SLU.

Are you a direct relative of a current TPTCU member?
You may qualify to become a member too! Contact our offices to learn more.

There are 4 requirements for opening a share account:

  • Driver’s license or passport (Birth certificate for minors only)
  • Social Security Card
  • Proof of full-time employment with Tangipahoa Parish School System or SLU or your relationship status
  • $26.00(cash/check)-No Debit cards