MilWay FCU offers a safe and convenient place to invest for the future, without assuming major risks. Our investment accounts usually pay higher dividends than most other financial institutions, and they’re insured up to $250,000 by the NCUA. Explore your options below!
MilWay Investment ACCOUNTS
Individual retirement accounts
MilWay FCU offers Individual Retirement Accounts (IRAs) for members looking for ways to save and invest their money for the future while reducing their tax burden at the same time. We offer Traditional IRAs.
Our Special Savings Account provides a unique way to save money while earning a higher interest rate. This account is very similar to a CD, but your money is not tied up for any period of time.
- Minimum balance of $5,000 required
- Earns Interest
- Dividends are earned daily and paid quarterly
- No fee for the first two withdrawals per month ($1 charge per other withdrawals)
- Quarterly statements with detailed account activity
Certificate of Deposit Accounts
Certificate of Deposit Accounts (often called CDs) are considered one of the safest ways to invest. Certificate Accounts always hold their original value, unlike the stock market, plus they accrue interest over time.