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Individual Retirement Accounts

Savings That Reward Tomorrow

Gulf Winds offers two ways to invest for your retirement with Individual Retirement Accounts, or IRAs.

Our Share IRA has no miminum balance or term requirement.
Our Certificate of Deposit IRA requires a miminum balance of $500.
The interest rate is fixed at purchase and remains in effect until maturity.

Start saving today!

Visit one of our convenient branch locations or call us toll-free at 1.800.650.6328 to request more information.

Share IRA Accounts
Account Type Dividend Rate APY Compound Frequency Minimum Deposit
Share IRA .40% .40% Monthly $0

Rates as of 9/28/2022. APY=Annual Percentage Yield. Fees may reduce earnings. The rate and APY stated is declared by the Board of Directors and is subject to change at any time.

Certificate of Deposit IRA Accounts
Account Type Dividend Rate APY Compound Frequency Minimum Deposit
6 Months IRA 1.292% 1.3% Monthly $500
12 Month IRA 1.884% 1.9% Monthly $500
18 Month IRA 2.423% 2.45% Monthly $500
24 Month IRA 2.472% 2.5% Monthly $500
36 Month IRA 2.521% 2.55% Monthly $500
48 Month IRA 2.618% 2.65% Monthly $500
60 Month IRA 2.765% 2.8% Monthly $500

Rates as of 9/28/2022. APY=Annual Percentage Yield. APY assumes interest remains on deposit until maturity. Fees may reduce earnings. The rate and APY stated is declared by the Board of Directors and is subject to change at any time.

Which IRA is right for you?

Ways to Invest

Gulf Winds offers two ways to invest for your retirement—the Share IRA and the Certificate of Deposit IRA. Both are avaliable in Traditional IRA and Roth IRA.

Share IRA

The Share IRA has no minimum balance or term requirement.

Certificate of Deposit IRA

The Certificate of Deposit IRA requires a minimum balance of $500. The interest rate is fixed at purchase and will remain in effect until maturity date.

Traditional IRA

Choose a Traditional IRA if you want a tax deduction right now. Traditional IRAs also make sense if you anticipate paying taxes at a significantly lower rate in retirement.

  • Available in a savings or certificate account
  • Tax-deductible (consult your tax advisor)
  • Federally insured by the NCUA up to $250,000

Start saving for your retirement today!

Visit one of our branch locations or call us at 1.800.650.6328.

Roth IRA

Choose a Roth IRA if you don't need the tax break right now and would like a more flexible investment.

  • Available in a savings or certificate account
  • You do not have to take mandatory distributions at age 70½
  • Tax free withdrawal if you are over 59½
  • Federally insured by the NCUA up to $250,000

Start saving for your retirement today!

Visit one of our branch locations or call us at 1.800.650.6328.

Learn the Basics about IRAs

It’s never too early to start saving for retirement, and there are lots of great resources available to help you achieve your financial goals. 

Before you pick an IRA, learn about the features, benefits and different options that can help elevate your retirement savings.

Get Started

Additional Savings and Investment Options

Term Share Certificates »
A secure investment that pays a higher rate than a traditional savings account.

Special Share Savings »
A great choice when saving for a special occasion.