Annuity & IRA Accounts

1 Year Annuity

Effective 5/1/23 to 11/1/23 – New Business

• 4.25% for members only for the first year
• Must be an insurance member to open annuity accounts
• Minimum to open account $1,000
• After the 1st year the interest rate will revert to the prevailing rate at that time

2 Year Annuity

Effective 1/1/23 – New Business

• 5% for members only with a 3% guarantee
• 2-year penalty
• Must be an insurance member to open annuity accounts
• Minimum to open account $1,000
• Additional deposits can be made in increments of $25 or greater

5 Year Annuity

Effective 1/1/2023 – New Business

• 4% for members only with 3% guarantee
• 5-year penalty
• Must be an insurance member to open annuity accounts
• Minimum to open account $1,000
• Additional deposits can be made in increments of $25 or greater

Effective 4/1/2023 all existing member annuity contracts will earn 3.75% through 6/30/2023.

For applications or additional information contact the home office
(216) 341-0444.