Accounts
No monthly fees
No minimum balance
Overdraft protection from savings
Monthly statements
Free debit card
Becoming a member of Freedom United FCU starts with a deposit of $25.00 into a share savings account. The $25.00 represents your share of the credit union and entitles you to all other services offered by the credit union. Credit Unions are member owned, meaning there are no outside shareholders to satisfy, which translates into savings for you, the member/owner. All share accounts are insured by the NCUA for up to $250,000.
Savings
All rates effective February 2023
PRIMARY SAVINGS .05% APR* Earned on average daily balance
SUB ACCOUNTS .05% APR
Posted Quarterly
Money Market Accounts
| Tier Group | Required Balance | Dividend Rate |
| 1 | $2,500 – 24,999 | 0.20% APY** |
| 2 | $25,000 and over | 0.30% APY** |
*APR- annual percentage rate
**APY- annual percentage yield
Our IRAs pay a 0.20% APY rate.
If you have an IRA at the credit union and moved or got married (name/address change) please call and update your information. This is to insure your 1099 information is mailed to the right address.
If you have any changes to your beneficiary on your IRA; or if you have completed a POA, make sure we have a copy of the forms for your file.
2023/2024 CONTRIBUTION LIMITS
UNDER 50 years old $6,500.00
AGE 50 + $7,000.00
*always check with your tax advisor before making a contribution. You must have reportable income to make a contribution.
Questions: 724-453-1100 Jessica Martin
WITHHOLDING NOTICE (FORM 2317)
Payments from your IRA are subject to federal income tax withholding, unless you elect no withholding.
You may change your withholding election at any time prior to your receipt of a payment. To change your withholding election, complete the appropriate form provided by your credit union.
Withholding form IRA payments, when combined with other withholding, MAY relieve you from payment of estimated income taxes. However, your withholding election does not affect the amount of income tax you pay.
You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are insufficient.
@2009 Ascensus, Inc. Middleton, WI
Saving for the holidays is easy with a Freedom United FCU Christmas Club. Have a set amount deposited from each pay or deposit on your own the option is yours. We transfer all funds from your Christmas Club into your Savings or Checking account the beginning of October so you can get an early start on your holiday shopping.
Vacation Clubs are a great way to save up for your dream vacation. You can make deposits at any time, choose to have a percentage of each pay check deposited, or just deposit loose change when you have it. You’ll be surprised at how fast it can grow.