IRA’s

Savings are the foundation for your financial freedom. It’s never too soon to start planning for retirement or your child’s education. The sooner you start, the longer your money will last. Pick your path to financial stability.

Welcome can help you create a roadmap specific to your goals. If you seek to build a retirement portfolio with confidence, start today for your tomorrow.

Key Features

  • icon images Long-term Savings Options
  • icon images Possible Tax Benefits
  • icon images No Maintenance Fees
  • icon images Roll Over Funds From Qualified Programs

  • Traditional IRA

    • Open with as little as $100
    • Dividend earnings are tax deferred
    • Contributions can be tax deductible (consult your tax advisor)
    • No maintenance fees
    • Mandatory withdrawals at age 72
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  • Roth IRA

    • No required minimum distributions
    • No maintenance fees
    • Principal contributions can be withdrawn without penalty (consult your tax advisor)
    • Earnings and withdrawals tax-free at age 59.5*
    • Contributions from earned income can be made after age 72

    * Stipulations apply, consult your tax advisor.

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  • Coverdell Educational Savings Account

    • Anyone can contribute up to $2,000 per child each year
    • Deposits grow tax-free until distributed
    • Can be used for qualified educational expenses (consult your tax advisor)
    • Participation is subject to income restrictions
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WFCU Annual Meeting - For Members Only - Mark Your Calendars: Wednesday, May 22

Now is the time to get the best returns on your cash with higher interest rates on your Certificate and Money Market accounts!

Welcome Federal Credit Union will be closed on Monday, May 27 in observance of Memorial Day.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate and Money Market accounts!

Welcome Federal Credit Union will be closed on Wednesday, June 19 in observance of Juneteenth.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Please be advised of our holiday hours for Independence Day: all WFCU branches will be closed on Thursday, July 4. The Zebulon-GSK branch will be closed July 1 - July 5.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Welcome Federal Credit Union will be closed on Monday, September 2 in observance of Labor Day.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Welcome Federal Credit Union will be closed on Monday, October 14 in observance of Columbus Day. 

Now is the time to get the best returns on your cash with higher interest rates on your Certificate and Money Market accounts!

Welcome Federal Credit Union will be closed on Monday, November 11 in observance of Veterans Day.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Welcome Federal Credit Union will be closed for the Thanksgiving Holiday on November 28 & 29, 2024.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

As we close out 2024 and think forward to 2025, WFCU would like to wish all of our members and their families a wonderful holiday season and a prosperous New Year! Please be advised of our holiday schedule.

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