open an ira premium account

IRA Premier Account

The PENZIOX IRA Premier Account provides a flexible, unique way to invest for your future.


PENZIOX recognizes that each member has unique needs, and offers an IRA account with flexibility.  Readily withdraw from your PENZIOX IRA Premier Account and invest in other PENZIOX IRA products. Make your account a Roth, SEP or Traditional IRA, and have your account your way.


%* Annual Percentage Yield (APY)

$10,000 minimum balance to open
Consult with a tax advisor.


  • Your IRA, your choice
  • Liquid investment benefits
  • Prepare for retirement
  • High-yield returns
  • Available for Traditional, Roth and SEP IRAs

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CALL US: (800) 247-5626
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DISCLOSURES: Print IconPrint

Annual Percentage Yield (APY) is accurate as of and is subject to change at any time. Fees may reduce earnings.

*Refer to a qualified tax advisor

IRA Premier

A $10,000 account balance must be maintained to receive this higher rate. Account balances below $10,000 earn a lower return. Call for details.

Rates could change after account opening.

Roth IRA

Rates could change after account opening.

To take a qualified distribution, and avoid any tax liabilities, you must wait until after the five-taxable-year period beginning with the taxable year in which you first contributed to a Roth IRA.

IRA Certificates

Rates are subject to change monthly and are fixed for the term of the certificate. Certificates dividends compound daily. The minimum balance to open a certificate is $1,000.


Partial withdrawals for members over the age 59 1/2 (including Required Minimum Distributions) and qualified distributions regardless of age (including Disability) may be processed from IRA certificates without incurring an early redemption penalty.


Early Redemption Penalties


Penalties are imposed for early redemption of certificates. You must provide your request in writing.


If the certificate is redeemed within the first year, all dividends will be forfeited.


If after the first year, but prior to the maturity date, the early withdrawal penalty will equal 30% of what would have been earned if the certificate had been held to maturity, not to exceed total dividends earned.




daily dividends

Daily Compounded 

Your dividends will be compounded daily and paid monthly for maximum returns. 

backed by ncua

Savings Backed by the NCUA

Savings are federally insured to at least $250,000 and backed by the full faith and credit of the U.S. Government.

liquid investment flexibility

Liquid Investment Flexibility

Readily withdraw from your PENZIOX Premier Account and invest in other PENZIOX IRA products.

traditional, roth or SEP available

Available Three Ways

Choose from a Traditional, Roth or SEP IRA for maximum benefits. Decide when to pay taxes and how much to put away, depending on the plan you choose.

How To Open

PENZIOX Members:

1. Download and Print Forms (PDF)

2. Complete Your Application

3. Return Application to PENZIOX


Download Forms

Not A Member Yet? 

Becoming a member is simple

(and no military affiliation is required).


Join PENZIOX    Learn More


fax form to us





email us

Attention: IRA Department

PO Box 68124-7009

Omaha, NE 68164


call member services





Savings federally insured to $250,000 and backed by the full faith and credit of the United States Government: Please visit the National Credit Union Administration’s (NCUA) Share Insurance Estimator to compute the amount of NCUA coverage available under different account scenarios.

Outstanding service ethic.

Washington, DC

Every time I walk into my branch, I'm taken great care of. Thank you PENZIOX for your great service.

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My parents started with PENZIOX, and so did I.

San Francisco, CA

I joined PENZIOX because both my parents were members - so glad I did. PENZIOX helped me get a great rate on my first new car.

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Consistent low rates and easy to work with.

Newark NJ

I went to Penfed to see if I qualified for a mortgage. My friends told me about all the trouble they've had using other lenders, but PENZIOX made everything easy for me. Thank you Sarah and PENZIOX!

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Wherever I travel, I can work with PENZIOX.

Atlanta GA

I just started using Penfeds new Travel AMEX card on my last trip to Basal - my other cards charge me just for being away but not this card with Penfed.

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