Certificates & IRAs

Earn more by leaving your money alone.

Commit to keeping your money in one place for at least six months or as long as five years. Certificates and IRAs are a great way to get more back and take control of your future.

$500 minimum deposit
$500 will open the door to greater savings
Terms from 6 to 60 months
Multiple term options to fit your needs
Automatic Renewals
We’ll keep saving for you, unless you tell us otherwise

Certificate rates

Certificates and IRA Share Certificates

Term	Minimum Opening Balance	Minimum Balance to Earn APY	Dividend Rates	APY¹
¹Annual Percentage Yield. Rates may change without notice. Rates above are effective as of November 13, 2023. Special promotional rates may not be combined with other offers. A penalty may be imposed for withdrawals before maturity. If your certificate has an original maturity of 12 months or less, the penalty will equal 90 days’ worth of dividends on the amount withdrawn, whether earned or not. If your certificate has an original maturity greater than 12 months, the penalty will equal 180 days’ worth of dividends, whether earned or not. Fees could reduce the earnings on the account. $500 minimum deposit. Share Certificates may be added to in $100 increments up to an additional $5,000 during the term of the certificate. Pay monthly. Membership required.
Term 6 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 1.98%	APY¹ 2.00%
Term 12 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.18%	APY¹ 2.20%
Term 18 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.47%	APY¹ 2.50%
Term 24 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.67%	APY¹ 2.70%
Term 30 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.86%	APY¹ 2.90%
Term 36 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 3.06%	APY¹ 3.10%
Term 48 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 3.25%	APY¹ 3.30%
Term 60 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 3.45%	APY¹ 3.50%

IRA Options

It pays to get started sooner, so don’t delay! You can save for your retirement, education, or other qualified life events with one of the following options.

Traditional IRA
Build your retirement savings while enjoying tax benefits. You will not pay tax on your earnings until you make withdrawals. Your contributions may be tax-deductible. This could be your best option if you are under 70 and have earned income.
Roth IRA
A Roth IRA may be the best choice for you if you expect to be in a higher tax bracket in the future. Unlike a Traditional IRA, your contributions are not tax-deductible, but your earnings grow tax-deferred and withdrawals can be made tax-free. Also unlike a traditional IRA, you aren’t required to make annual withdrawals at a certain age.

Coverdell Education Savings Account
Save for education expenses. Contributions to a Coverdell ESA are not deductible, but amounts deposited in the account grow tax free until distributed. Distributions are tax-free as long as they are used for qualified education expenses, such as tuition and fees, required books, supplies and equipment and qualified expenses for room and board.
Simplified Employee Pension Plan (SEP)
Available to any size business, a SEP plan can provide a source of income at retirement by allowing employers to set aside money in retirement accounts for themselves and their employees. A SEP does not have the start-up and operating costs of a conventional retirement plan and allows for a contribution of up to 25% of each employee’s pay.

Looking to roll over your retirement savings?

You can move assets from your previous employer-sponsored retirement plan into a Meridian Trust IRA. You continue to keep the tax benefits. If you’ve changed jobs or have retired, this could be the best choice for you right now.

IRA Rates

Individual Retirement Accounts can be opened as:

An IRA Share Certificate (CD) with a minimum balance of $500
An IRA Money Market Account, or as
An IRA Share Savings Account

Certificates and IRA Share Certificates

Term	Minimum Opening Balance	Minimum Balance to Earn APY	Dividend Rates	APY¹
¹Annual Percentage Yield. Rates may change without notice. Rates above are effective as of November 13, 2023. Special promotional rates may not be combined with other offers. A penalty may be imposed for withdrawals before maturity. If your certificate has an original maturity of 12 months or less, the penalty will equal 90 days’ worth of dividends on the amount withdrawn, whether earned or not. If your certificate has an original maturity greater than 12 months, the penalty will equal 180 days’ worth of dividends, whether earned or not. Fees could reduce the earnings on the account. $500 minimum deposit. Share Certificates may be added to in $100 increments up to an additional $5,000 during the term of the certificate. Pay monthly. Membership required.
Term 6 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 1.98%	APY¹ 2.00%
Term 12 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.18%	APY¹ 2.20%
Term 18 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.47%	APY¹ 2.50%
Term 24 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.67%	APY¹ 2.70%
Term 30 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 2.86%	APY¹ 2.90%
Term 36 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 3.06%	APY¹ 3.10%
Term 48 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 3.25%	APY¹ 3.30%
Term 60 months	Minimum Opening Balance $500	Minimum Balance to Earn APY $500	Dividend Rates 3.45%	APY¹ 3.50%

Money Market and IRA Money Market Accounts

Balance	Dividend Rate	APY¹
¹Annual Percentage Yield. Rates may change without notice. Rates above are effective as of February 1, 2024. Money Market accounts are Tiered Rate accounts. For these accounts, if the balance falls within the range for a particular tier, the dividend rate applicable to that tier will apply to the full balance in the account. Special promotional rates may not be combined with other offers. Fees could reduce the earnings on the account. Membership required.
Balance $0 - $2,499	Dividend Rate 0.05%	APY¹ 0.05%
Balance $2,500 - $9,999	Dividend Rate 0.25%	APY¹ 0.25%
Balance $10,000 - $24,999	Dividend Rate 0.30%	APY¹ 0.30%
Balance $25,000 - $49,999	Dividend Rate 0.35%	APY¹ 0.35%
Balance $50,000 - $99,999	Dividend Rate 0.40%	APY¹ 0.40%
Balance $100,000 - $149,999	Dividend Rate 0.99%	APY¹ 1.00%
Balance $150,000	Dividend Rate 2.22%	APY¹ 2.25%

Savings and Steady Savers Club Accounts

Savings Type	Minimum Opening Balance	Minimum Balance to Earn APY	Dividend Rate	APY¹
¹Annual Percentage Yield. Rates may change without notice. Rates above are effective as of January 1, 2024. Fees could reduce the earnings on the account. Steady Savers Club accounts are Tiered Rate accounts. For these accounts, the specified Dividend Rate for a tier will apply only to the portion of the account balance that is within that tier. The annual percentage yields, which vary depending on the balance in the account, are shown for each tier. To be eligible for Steady Savers APY, account holder must make deposit(s) or balance transfer(s) totaling $50 or more each month into the Steady Savers Club account. Membership required.
Savings Type Savings	Minimum Opening Balance $10	Minimum Balance to Earn APY $100	Dividend Rate 0.05%	APY¹ 0.05%
Savings Type Steady Savers Club up to $1,500	Minimum Opening Balance $25	Minimum Balance to Earn APY $100	Dividend Rate 3.93%	APY¹ 4.00%
Savings Type Steady Savers Club over $1,500	Minimum Opening Balance $25	Minimum Balance to Earn APY $100	Dividend Rate 0.05%	APY¹ 0.05%