IRA Share Certificates

IRA Share Certificates

Secure your Financial Future

Have you recently received your tax refund? Stressed about your retirement? An Individual Retirement Account Share Certificate is a great way to invest in your future.

GTE Financial offers a range of terms and yields to suit your needs!

If you are a member, you can easily open an IRA Certificate Account by logging into Online Banking and clicking on ‘Open IRA’ under ‘Accounts’ in the main navigation. Then select the "Open an additional Checking/Deposit account option".

If you are not yet a member, please visit our online application page and click the ‘Open An Account’ button in the top navigation. You will then click the ‘Become a Member’ button to start your application. Once you are a member, please login to Online Banking to ‘Open an Additional Account’.If you prefer, you can also visit a location or call us at 813.871.2690 or toll-free at 1.888.871.2690 to apply for membership and an IRA Certificate Account.

Term Dividend Rate APY*
6 months 1.75% 1.76%
12 months 4.05% 4.13%
18 months 4.10% 4.18%
24 months 4.15% 4.23%
30 months 4.20% 4.28%
36 months 4.25% 4.33%
48 months 4.35% 4.44%
60 months 4.45% 4.54%

If you are a member, you can easily open an IRA Certificate Account by logging into Online Banking and clicking on ‘Open IRA’ under ‘Accounts’ in the main navigation. Then select the "Open an additional Checking/Deposit account option".


If you are not yet a member, please visit our online application page and click the ‘Open An Account’ button in the top navigation. You will then click the ‘Become a Member’ button to start your application. Once you are a member, please login to Online Banking to ‘Open an Additional Account’.If you prefer, you can also visit a location or call us at 813.871.2690 or toll-free at 1.888.871.2690 to apply for membership and an IRA Certificate Account.

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Features & Benefits

  • Great rates
  • Deposit a specified amount for a pre-determined time
  • Access up to 10% of the principal plus dividends once a year, or 20% of the current balance if you are over 59½ years old, with no dividend penalty

*Annual Percentage Yield accurate as of 12/16/22. Any fees could reduce earnings on this account. All certificates are also offered as Traditional IRA certificates, Roth IRA certificates, Coverdell Education Savings Account (ESA) certificates and SEP certificates. In addition, prior to opening an IRA certificate (Traditional, Roth, SEP) or Coverdell ESA certificate, you must have or establish a primary savings account with GTE Financial. With the exception of the 12 month add-on share or IRA certificate, you may not add any additional money to your certificate after opening. Dividends compound monthly and are paid on the last day of the month and at maturity. There are no penalties for monthly dividend withdrawals. Early withdrawal penalties will apply if the certificate is closed before the maturity date. You can withdraw up to 10% of the principal plus dividends one time per year (20% of the current balance if over 59 1/2 years old) with no early withdrawal penalty on IRA certificates. Any monthly withdrawals or transfers reduce earnings. Neither the primary account owner or joint owner may be a beneficiary on the certificate account (not applicable on IRAs and Coverdell ESAs). Certificate rates may change weekly. You are not locked into a rate until you open or renew your certificate. $500 minimum deposit required to open.