IRA Share Certificates

IRA Share Certificates

Open An IRA Share Certificate Today

Secure Your Financial Future

Have you recently received your tax refund? Stressed about your retirement? An IRA Share Certificate is an individual retirement account that combines tax advantages of a Traditional IRA or Roth IRA with the security of a share certificate. GTE Financial offers a range of terms and yields to suit your needs.

TermDividend RateAPY*
6 months3.00%3.04%
12 months4.00%4.07%
18 months3.75%3.82%
24 months3.45%3.51%
30 months3.25%3.30%
30 months Bump Up**3.35%**3.40%**
36 months3.20%3.25%
48 months3.10%3.14%
60 months3.00%3.04%

Traditional IRA Jumbo Share Certificates

Maximize your earnings on opening deposits of $100,000 or more with an Traditional IRA Jumbo Share Certificate.

TermDividend RateAPY*
6 months3.25%3.30%
12 months4.25%4.33%
18 months4.00%4.07%
24 months3.70%3.76%
30 months3.50%3.56%
36 months3.45%3.51%
48 months3.35%3.40%
60 months3.25%3.30%

You can also visit a GTE center or call us at 813.871.2690 (toll-free at 1.888.871.2690) to apply for membership and open an IRA Certificate Account.

Features & Benefits

  • Great rates
  • Deposit a specified amount for a pre-determined time
  • No penalties for the withdrawal of dividends or required minimum distributions prior to maturity***


As High As
4.33% APY*
IRA Share Certificates

*Annual Percentage Yield accurate as of 07/01/2024. 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.

**An increase to the Bump-Up Term Share Certificate can be requested only once during the term of the certificate, at your request. The bump-up increase is limited to the bump-up rate offered. The increase is only available after the 6th month of opening the certificate. You can request a bump-up by contacting Member Experience Support at 813.871.2690 ext. 40453. Your Bump-Up Certificate will be reviewed by a GTE representative to confirm that you have not previously increased the rate before the rate adjustment is made. Once the request is submitted to GTE for processing, your Bump-Up Certificate will be adjusted to GTE’s current published rate and APY for the remaining term of the certificate, without any penalty to you. If you elect to not bump-up the rate of the certificate during its term, the rate/APY will remain the same for the duration of the term. The term of the Bump-Up Certificate is not extended by the Bump-Up APY/rate increase feature. Any APY/rate increase is not retroactive. No funds may be withdrawn from, or any additional funds deposited into, the certificate at the time of the rate increase. While there are no penalties for monthly dividend withdrawals a penalty may be imposed for early withdrawal which could reduce the earnings on the account and/or reduce the principal. Once the Bump-Up Certificate term expires, the certificate will renew as a bump-up term share certificate. If the Bump-Up Certificate is not available at the time of renewal, this option will not be available to you.

***There are no penalties for the withdrawal of dividends or required minimum distributions prior to maturity, as outlined by IRS age requirements. All other early withdraws are subject to IRS guidelines. Please contact your tax advisor to see how you are effected. Early withdrawal penalties will apply if the certificate is closed before the maturity date. 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.