HomeChecking & Savings

Share Certificates & IRAs

Build a brighter, better future with long-term savings options that help you achieve your financial goals.

  • Provide guaranteed fixed rates and growth
  • Come with flexible term options
  • Offer tax-advantaged growth (IRAs)
  • Are safe and secured up to $250,000

Share Certificates

A Maine State CU Share Certificate keeps your longer-term savings safe and sound while maximizing earnings.

FEATURES INCLUDE:

  • Guaranteed rates of return higher than a standard savings account
  • Set it and forget it – pick your term, sit back, and watch your money grow
  • Terms from six (6) months to five (5) years
 

Effective As of 11/10/2025

TermMinimum DepositRateAPY*
Term 9-Month Minimum Deposit $500Rate 3.880%APY* 3.95%
Term 3-MonthMinimum Deposit $500Rate 3.542%APY* 3.60%
Term 6-MonthMinimum Deposit $500Rate 3.687%APY* 3.75%
Term 1-YearMinimum Deposit $500Rate 3.542%APY* 3.60%
Term 18-MonthMinimum Deposit $500Rate 3.494%APY* 3.55%
Term 2-YearMinimum Deposit $500Rate 3.445%APY* 3.50%
Term 3-YearMinimum Deposit $500Rate 3.154%APY* 3.20%
Term 4-YearMinimum Deposit $500Rate 2.960%APY* 3.00%
Term 5-YearMinimum Deposit $500Rate 2.765%APY* 2.80%

APY = Annual Percentage Yield. The Annual Percentage Yield (APY) assumes dividends will remain on deposit until maturity. Early withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. Rates are subject to change without notice. Certificate rates quoted are fixed for the term of the account. Certificates renew at the end of the quoted term with a 10-day grace period. For IRA and Roth IRA certificates: Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans and current income.

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*APY=Annual Percentage Yield. The Annual Percentage Yield (APY) assumes dividends will remain on deposit until maturity. Early withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. Rates are subject to change without notice. Certificate rates quoted are fixed for the term of the account. Certificates renew at the end of the quoted term with a 10-day grace period.

IRA/Roth IRA Share Certificates

Secure your retirement and enjoy potential tax advantages with our IRA and Roth IRA Share Certificates. Watch your long-term savings grow steadily without risk!

FEATURES INCLUDE:

  • Higher dividend rates so retirement savings grow faster
  • Set it and forget it — enjoy safe and secure growth up to federally insured limits
  • Terms from six (6) months to five (5) years
  • Tax-Advantage Savings – Enjoyed tax-deferred growth with a traditional IRA and tax-free withdrawals with a Roth IRA.

Effective As of 11/10/2025

TermMinimum DepositRateAPY*
Term 9-Month Minimum Deposit $500Rate 3.880%APY* 3.95%
Term 3-MonthMinimum Deposit $500Rate 3.542%APY* 3.60%
Term 6-MonthMinimum Deposit $500Rate 3.687%APY* 3.75%
Term 1-YearMinimum Deposit $500Rate 3.542%APY* 3.60%
Term 18-MonthMinimum Deposit $500Rate 3.494%APY* 3.55%
Term 2-YearMinimum Deposit $500Rate 3.445%APY* 3.50%
Term 3-YearMinimum Deposit $500Rate 3.154%APY* 3.20%
Term 4-YearMinimum Deposit $500Rate 2.960%APY* 3.00%
Term 5-YearMinimum Deposit $500Rate 2.765%APY* 2.80%

APY = Annual Percentage Yield. The Annual Percentage Yield (APY) assumes dividends will remain on deposit until maturity. Early withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. Rates are subject to change without notice. Certificate rates quoted are fixed for the term of the account. Certificates renew at the end of the quoted term with a 10-day grace period. For IRA and Roth IRA certificates: Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans and current income.

*APY=Annual Percentage Yield. The Annual Percentage Yield (APY) assumes dividends will remain on deposit until maturity. Early withdrawal will reduce earnings. A penalty may be imposed for early withdrawal. Rates are subject to change without notice. Certificate rates quoted are fixed for the term of the account. Certificates renew at the end of the quoted term with a 10-day grace period. Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans and current income.

IRA/Roth IRA Share Certificates

  • Features
  • IRA Share Certificate
  • Roth IRA Share Certificate
    • Minimum to open
    • $500
    • $500
    • Contributions
    • May be tax-deductible*
    • After-tax (not deductible)
    • Growth
    • Tax-deferred
    • Tax-free
    • Contribution limits (2025)

    • $7,000 (under age 50)
      $8,000 (age 50+)

    • $7,000 (under age 50)
      $8,000 (age 50+)

    • Income limits
    • None
    • Yes*
    • Withdrawals in retirement
    • Contributions and earnings taxed as ordinary income
    • Contributions and earnings generally tax-free
    • Features
    • Minimum to open
    • Contributions
    • Growth
    • Contribution limits (2025)
    • Income limits
    • Withdrawals in retirement
      • IRA Share Certificate
      • $500
      • May be tax-deductible*
      • Tax-deferred

      • $7,000 (under age 50)
        $8,000 (age 50+)

      • None
      • Contributions and earnings taxed as ordinary income
      • Roth IRA Share Certificate
      • $500
      • After-tax (not deductible)
      • Tax-free

      • $7,000 (under age 50)
        $8,000 (age 50+)

      • Yes*
      • Contributions and earnings generally tax-free

      *Your contributions may be tax-deductible in the year you make them depending on your income and whether you’re covered by a workplace retirement plan. Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans and current income.

      IRA/Roth IRA

      Retire smarter with two tax-advantaged savings options to fit your long-term retirement goals.

      FEATURES INCLUDE:

      • Tax advantages to encourage long-term saving
      • Additional option that aligns with your risk tolerance and financial goals
      • Ability to roll funds from other retirement accounts into your Maine State CU retirement accounts
      • Flexibility to withdraw funds early under specific circumstances
      • Federally insured by the NCUA

      IRA / Roth IRA

      Effective As of 08/04/2025

      Account TypeMinimum BalanceDividend RateAPY*
      Account Type IRA (Share Savings)Minimum Balance N/ADividend Rate 0.747%APY* 0.75%*
      Account Type Roth IRA (Share Savings)Minimum Balance N/ADividend Rate 0.747%APY* 0.75%*

      *APY=Annual Percentage Yield. Rates are subject to change without notice. Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans.

      Open a Roth IRA Today!Open a IRA Today!

      *APY=Annual Percentage Yield. Rates are subject to change without notice. Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans.

      IRA / Roth IRA

      • Feature
      • IRA
      • Roth IRA
        • Minimum to Open
        • $500
        • $500
        • Contributions
        • May be tax-deductible depending on taxpayer’s income, tax-filing status, and other factors*
        • After-tax (not deductible)
        • Growth
        • Tax-deferred
        • Tax-free
        • Contribution limits (2025)

        • $7,000 (under age 50)
          $8,000 (age 50+)

        • $7,000 (under age 50)
          $8,000 (age 50+)

        • Income limits
        • None
        • Yes*
        • Withdrawals in retirement
        • Contributions and earnings taxed as ordinary income; withdrawals can begin at age 59 1/2, must begin at age 73
        • Contributions and earnings generally tax-free; no mandatory age limits for withdrawals; may leave funds to heirs
        • Penalty-free early withdrawals

        • First-time Homebuyer – May withdraw up to $10,000 to purchase first home
          College Costs – May withdraw funds for qualified post-secondary expenses, including tuition, fees, books, and supplies
          Medical Expenses – May withdraw funds to pay certain medical expenses

        • First-time Homebuyer – May withdraw up to $10,000 to purchase first home if Roth IRA is open for at least 5 years
          College Costs – May withdraw funds for qualified post-secondary expenses including tuition, fees, books, and supplies

        • Feature
        • Minimum to Open
        • Contributions
        • Growth
        • Contribution limits (2025)
        • Income limits
        • Withdrawals in retirement
        • Penalty-free early withdrawals
          • IRA
          • $500
          • May be tax-deductible depending on taxpayer’s income, tax-filing status, and other factors*
          • Tax-deferred

          • $7,000 (under age 50)
            $8,000 (age 50+)

          • None
          • Contributions and earnings taxed as ordinary income; withdrawals can begin at age 59 1/2, must begin at age 73

          • First-time Homebuyer – May withdraw up to $10,000 to purchase first home
            College Costs – May withdraw funds for qualified post-secondary expenses, including tuition, fees, books, and supplies
            Medical Expenses – May withdraw funds to pay certain medical expenses

          • Roth IRA
          • $500
          • After-tax (not deductible)
          • Tax-free

          • $7,000 (under age 50)
            $8,000 (age 50+)

          • Yes*
          • Contributions and earnings generally tax-free; no mandatory age limits for withdrawals; may leave funds to heirs

          • First-time Homebuyer – May withdraw up to $10,000 to purchase first home if Roth IRA is open for at least 5 years
            College Costs – May withdraw funds for qualified post-secondary expenses including tuition, fees, books, and supplies

          *Your contributions may be tax-deductible in the year you make them depending on your income and whether you’re covered by a workplace retirement plan. Consult your financial or tax advisor to understand tax benefits and implications relevant to your retirement plans and current income.

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