Special Share Account

• Saving for something special? Maybe a vacation, a down payment or a distinctive gift? If so, open a Special Share account to make saving for a specific purpose or an upcoming expense even easier.
• Make easy and convenient deposits with payroll deduction.
  
  WINcentive^® Savings Accounts are another special savings account designed to make savings fun! Every $25 you save per month earns you one entry into cash prize drawings ranging from $100 to $5,000! (Up to 4 entries per month.) WINcentive^® Savings makes savings easy and fun! Ask us how to open your account today!

Christmas Club Share Account

• Save now for a happier holiday and have extra jingle in your pocket by using a Christmas Club Share account. With the money out of sight and out of mind, it's a practically painless way to plan for your holiday season.
• Save for the holiday season throughout the year.
• Make easy and convenient deposits with payroll deduction.
• Funds transferred to you Share(Savings) Account the first week of November.

Money Market Account

• Balance your investment portfolio with a Money Market account to avoid market dips and jumps that are difficult to predict. Your NMFCU Money Market account will earn more without ever risking your hard-earned savings.
• Make deposits as frequently as you wish - even easier with payroll deduction or direct deposit  - and up to six free withdrawals per month.
• Make up to six free withdrawals per month Minimum withdrawal of $500.

Share Certificates

• Invest in a NMFCU share certificate (CD) to diversify and stabilize your portfolio while maximizing your earnings.
• Terms of 3, 6, 12, 24, 36, 48 and 60 months.
• Minimum balance requirement of $500.00.
• Fixed interest rate for duration of the certificate.
• No transaction costs or service fees.

Step Up Rate Certificates

• 3 or 5 year terms.
• Minimum balance of $2,500.00.

You decide if/when your savings rate goes up!  Rate goes up once on 3-year certificates, and twice on 5-year certificates.

IRA Deposit Account

• Save for your future the tax-deferred way and open an IRA today.
• Minimum balance requirement of $100.
• Tax-deferred dividends are compounded and paid quarterly.
• Contributions may be tax-deductible Consult your tax advisor for potential tax benefits.

IRA Share Certificates

• Feel secure about saving for your retirement years with an IRA Share Certificate.
• Terms of 1, 2 or 3 years.
• Minimum balance requirement of $500.

Contributions may be tax-deductible Consult your tax advisor for potential tax benefits.

Roth IRA

With a Roth IRA, all income earned is tax-free upon withdrawal, as long as earnings have been in your account for at least five years and meet one of the following conditions:

• Earnings are received after you turned age 59
• Withdrawal is used for qualified first home purchase expenses
• Earnings are received because you became disabled
• Earnings are being paid to your beneficiary after death

Another benefit of the Roth IRA is freedom from minimum distribution requirements. The traditional IRA requires that you begin making withdrawals and stop contributions at age 70 , while the Roth IRA continues to earn money, tax and penalty-free, for as long as you wish.