For your convenience, NTFCU offers various links that may direct you away from the NTFCU web site. NTFCU is not responsible for content of these web sites.

Investments

CERTIFICATE OF DEPOSIT:
Members may invest in a certificate of deposit to earn a higher rate of interest. NTFCU offers a variety of certificates including maturities of 6, 12, 18, 24 and 60 months and also as short as 91 days. Dividends are paid quarterly which can be disbursed by check or deposited to the certificate. Rates are subject to change and early withdrawal penalties apply.

INDIVIDUAL RETIREMENT ACCOUNT:
The NTFCU IRA helps save on your taxes while you plan for the future. You can take advantage and earn high, tax-deferred interest by opening a NTFCU IRA. Most every wage earner can take up to a $4,000 deduction on his/her federal income tax return when contributing that amount to an IRA; for a married couple where both spouses work it's $8,000. For a married couple where only one spouse works, the contribution limit is $8,000 (two accounts with not more than $4,000 in either).

Remember, these are the maximum limits, and you may choose to contribute less. You may contribute to your IRA by payroll deduction, periodic cash contributions, or rollover other IRA's to a high yield fixed rate. Dividends are calculated daily and paid quarterly on the anniversary date of the certificate. Rates are subject to change and early withdrawal penalties apply.