Individual Retirement Accounts | Atlantic Federal Credit Union
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Individual Retirement Accounts (IRA)

There's no better time than the present to save for the future. Contributing to an IRA is a good idea for anyone hoping for a worry-free retirement.  For a limited time, check out our IRA Special!

We offer three types of IRA Certificates that earn above-market dividend rates:

  1. Traditional IRAs - Terms from 6 months to five years; $500 minimum.
  2. Roth IRAs - Terms from 6 months to five years; $500 minimum.
  3. Basic IRAs - A totally liquid account with no minimum balance and no term requirements. This is a great account to begin saving for retirement without making a large investment. Move the funds any time into other IRA investments with no fees or penalties.

Please call us at 1-800-222-1329 for more information and IRA applications.


  • Tax-advantaged way to save money for retirement
  • Earn higher interest than regular savings
  • No setup or maintenance fees
  • See our current rates

Differences between Traditional and Roth IRAs


  • Open to members under 70½
  • Contributions may be tax-deductible*
  • Penalty-free withdrawals may begin at age 59½
  • Mandatory withdrawals at age 70½
  • Early withdrawals subject to penalty**

*Consult your tax advisor.
**Certain exceptions apply, such as healthcare, buying your first home, etc.


  • Click here for Roth IRA contribution limits
  • Contributions are not tax-deductible
  • Withdrawals are 100% tax-free if the Roth IRA is at least five years old and you are at least 59½ years old.
  • Principal contributions may be withdrawn anytime at any age without taxes or penalties.
  • Tax-free withdrawals can be made when under age 59½ if the Roth IRA has been open for five years or more and you use it (up to a $10,000 lifetime maximum) for a first-time home purchase or to pay unreimbursed medical expenses or health insurance if you are unemployed.* 
  • No mandatory distribution age

*Consult your tax advisor.

  • [Tammy was very nice, as she professionally explained company procedure to me. Even though I didn’t totally agree at the first, I then understood how the Credit Union strives to protect the safety of our members' accounts.]

    Joe C.
  • [April] Thank you for your help the other day with my account. I just wanted to say that the way the Credit Union is operating now is very convenient. I like having an appointment as it eliminates waiting to see a teller or a representative and is much more organized.

  • My husband and I have been long standing members of Atlantic Federal Credit Union. We needed a patient, thorough and professional person to assess our {needs}. Adam embodied all of these characteristics and more!! He was always responsive and guided us through the entire process. Even during Covid practices, I never once felt that the personal touch was lost. We are extremely happy with the process and proud to be a member.

    Clyde & Jacqueline
  • Atlantic Federal Credit Union, you have Always been available when I needed You!!
  • Thank you so much for taking the time to show us how much your organization cares. This is why me and my family bank with your organization!

  • Member Services representative at the Kenilworth branch, Tammy, is amazing. She is knowledgeable, helpful, and most important to me: extremely courteous. Tammy deserves a huge shout-out!
  • Always a great experience with the employees. The tellers always offer help or suggestions. Ginny, Nara, and Donna are awesome!
  • I want to thank you, Adam for all your work with my loan app. You have been such a blessing to me. You are an asset to the Credit Union.

  • The best Credit Union I ever used!
  • What a great Credit Union…even before I was a member I felt welcomed. I love the customer service, your mobile app and your services.  Keep up the excellent work, you have me as a member for life.
  • I've been with Atlantic Federal for more than 20 years. Great customer service  and I love the Holiday and Vacation Clubs.
  • Thank you! Great customer service, great products! I left the “big” banks; now Atlantic Federal is my primary bank.
  • I’ve been an Atlantic Federal member for years!  I'm very satisfied with the service.
  • I’ve been a member of MY CREDIT UNION since 2001.  I wouldn’t EVER go anywhere else.  Atlantic Federal is my family.  There are too many pleasant and courteous staff members to try to name!
  • Very good place to bank at – loans have very low interest and the Atlantic Federal staff is so easy to deal with. Great service!
  • My experience with Atlantic Federal has been exceptional!  I have told anyone who will listen how great the Credit Union's service is.

  • Working with you guys was basically a complete 180 from working with the last bank…so thank you again and we will absolutely be recommending you to all of our friends who are looking for mortgages.

  • Yvana has been my go to person at the Credit Union for many years.  I know that whenever I have an issue I can always call on her at any time and she won't hesitate to help me out. Recently, my debit card was compromised and I noticed it after business hours so I wasn't sure of the proper protocol.  I called Yvana, she walked me through the entire process and I came in the next morning to resolve the issue with Eileen, who was also a great help.  The Credit Union is lucky to have such dedicated employees.

  • I was worried about how I was going to fund some of my daughter's college tuition. Well thank goodness for Ms. Magaly. She told me to sit down, relax and explain my needs. I was truly expecting to be denied once again like at one of those banks that I've dealt with in the past.  Then she said "We have a loan that fits your needs and you qualify!"  All my worries suddenly went away. I can say that she definitely puts the members first.

  • I made it to the Kenilworth branch just before the 5 pm closing.  Even though it was late, Roberto patiently processed my loan – I’m sure on his own time. Then there’s Karina, who is so helpful and always has a smile. If I had a company, these people would be working for me!  You’re lucky to have staff members of this caliber!