Investment Accounts
Secure tomorrow with smart investing today. M1 makes it simple to plan, save, and grow with CDs, IRAs, and Money Market accounts tailored for your goals.
Money Market
M1's Money Market account automatically rewards you with higher rates when your balance increases, with five interest rate tiers. Plus, you have the flexibility to make a limited number of withdrawals by check. With an M1 Money Market account, your money works hard, and it’s readily available at the same time.
- Five interest rate tiers: $1,000, $25,000, $50,000, $100,000, and $250,000, with monthly compounding.
- Up to six withdrawals per month by check. First order of 50 checks Free.
- 24/7 phone and iTeller transfers and inquiries. For transaction limits, click here.
- $1000 minimum balance. Please maintain a balance above the minimum to earn interest and avoid a $10 monthly fee.
Stop by one of our Offices to open a Money Market account today!
Certificate of Deposit (CD)
Certificates of Deposit (CDs) are a smart way to earn more on extra funds you don’t need right away. They carry no financial risk and typically offer higher interest rates than regular savings accounts. When the term ends, you can either roll over the CD or withdraw your money. We offer CDs with a range of term options.
Individual Retirement Accounts (IRAs)
Whether you’re planning for a comfortable retirement or setting up an education fund for someone special, we’re here to help you take the next step. At M1, our Individual Retirement Accounts (IRAs) offer flexible options tailored to your goals. Plus, we make rolling over an existing IRA simple and stress-free. Let your trusted credit union support your future—every step of the way.
Traditional IRA
A Traditional IRA is a retirement savings account that allows your money to grow tax-deferred. You may be able to deduct your contributions from your taxable income now, and you’ll pay taxes later when you withdraw the funds in retirement. It’s a smart way to save while potentially lowering your current tax bill.
Roth IRA
Like a Traditional IRA, the Roth IRA offers members a way to set aside funds for retirement. However, contributions to a Roth IRA are not tax deductible. The benefit of a Roth IRA is the member’s investment earnings may be withdrawn tax-free if all the required conditions are met.
Coverdell Education Savings Account
The Coverdell Education Savings Account provides incentives for parents and students to save for education. Contributions are not tax deductible. Earnings on contributions will be distributed tax-free, provided that they are used to pay the beneficiary’s elementary or secondary school or college education expenses, such as tuition, books, and fees at an eligible educational institution.
