SAFE is continuously looking for ways to make it even easier for members and potential members to access our quality products.
Starting January 27, 2025, SAFE is ensuring members’ long-term goals get the attention they deserve! We’ve put together a team of experts specially trained on Individual Retirement Accounts (IRA) and Coverdell Education Savings Accounts (CESA) to help members open an account, make account changes, and process withdrawals from these accounts. The Member Servicing Team will provide assistance directly over the phone so members can get business done quickly.
SAFE offers our savings and certificates as Traditional or Roth IRA accounts to help members save for retirement. IRA certificates feature SAFE’s competitive dividends, various terms, and are easily renewed.
CESA accounts provide families tax-free investment growth when the funds are used for qualified education expenses.
New Account Opening and Servicing Process
Effective January 27, 2025, members may make an appointment online or through the Contact Center to talk with the Member Servicing Team for the following services for IRA and CESA accounts:
- Open a new account
- Add funds to an existing account
- Update beneficiaries
- Make a Required Minimum Distribution (RMD)
- Process withdrawal requests
- Other service requests as needed
- Close the account
In-Branch Services
Branch and Contact Center representatives will be able to process contributions to existing IRA and CESA accounts.
- Savings and Add-On Certificates: Contribute at any time
- Other certificate accounts: Contribute at maturity or during the 10-day grace period
Special Note about 2024 Tax Reporting
IRA contributions made in branch or through the Contact Center between January 1 and April 15, 2025, may be designated for the 2024 or 2025 tax year. Electronic contributions will be posted for the 2025 tax year only.*
*Contact your tax adviser for additional tax information.
Learn More
Learn more about SAFE IRA accounts
