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Branches will be closed Thursday, July 4, 2019 in observation of Independence Day.

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We are always holding giveaways on our Facebook page. Don’t miss out, and check back often.

We volunteer our time, whether it’s fundraising for Habitat for Humanity or helping local teachers makeover their classrooms, we always want to be involved!

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Altura rewards two lucky members every quarter with a cash prize of $1,500. All you have to do is start saving!

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Credit Unions cannot be bought or sold because they are owned by their members. Members are part owners because they have a stake in the company.

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Business Retirement Services

IRAs

With a government-sponsored Individual Retirement Account (IRA), you can build tax-advantaged income for your future retirement.

IRAs

If you have an old employer-sponsored retirement plan, there are a lot of advantages to rolling it over to an IRA. Usually, you have more investment choices, better features, and lower fees with IRA.

There are two kinds of rollover contributions to IRAs:

  • Contribute all or part of a distribution from a retirement account to an IRA within 60 days. You can only do this once a year.
  • Transfer cash or assets directly from one retirement account to another.

Invest in Your Future

Altura would love to help you plan for your future! You can start by building an investment portfolio with an automatic investment plan. It only takes a little money every month. We’d love to offer you a free, no-risk consultation with your local CFS financial management consultant. Call Member Services at 1-888-883-7228 or visit your local Altura branch.

KIMBERLY GREEN | MEMBER SINCE 1999

“Their way of greeting you and taking their time— you’re not just a number there. You feel like a person, you feel like you matter.”

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CHERESE CLOSURE | MEMBER SINCE 2015

“With my busy lifestyle and my commute, I am hardly ever at home. Therefore, I am able to take care of all of my banking needs on the website; it’s...

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BRANDON CARILLO | MEMBER SINCE 2018

"Everyone knows my name, everyone is super friendly. They even know what I'm saving for."

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BRANDON CARILLO TESTIMONIAL

KAREEM GONGORA | MEMBER SINCE 2015

"I ended up applying and literally getting the percentage cut in half as to what was being offered competitively and I ended up going forward and buying a car because...

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FAQs

What is the Difference Between a Roth IRA and a Traditional IRA?

Roth IRAs and traditional IRAs offer different tax benefits. With a Roth IRA, you will be taxed on your current contributions. Upon retirement, you won’t be taxed when you make withdrawals. Your contributions to a traditional IRA, on the other hand, are tax-deductible in the year you make them. When you withdraw down the line, you will have to pay taxes on that income.

What is the Difference Between a 401(k) and an IRA?

A 401(k) and IRA have different maximum contributions as well as different tax benefits. However, the most significant difference between the two is that a 401(k) is a type of employer-sponsored retirement account. If your employer offers a 401(k) retirement plan, your contributions to this account will be deducted from your paycheck. Your employer will also contribute to the account.

An IRA, on the other, is more self-driven. You don’t need to have an employer sponsoring this type of account to set one up. You set up the account yourself and decide when to withdraw funds. If you do have an employer, your contributions will still be deducted from your paycheck. Your employer also has the option to contribute to the account.

Can I Contribute to Both a 401(k) and IRA?

Yes, you can contribute to both a 401(k) and an IRA in the same year. By doing so, you can save even more for your retirement and pay less in taxes. You still have to follow the guidelines on how much you are allowed to contribute to each account annually.

Disclaimer Information

Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA / SIPC) and SEC Register...

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Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA / SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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Financial Well-Being

Learn How to Manage Your Money

Financial Well-Being

Learn How to Build Your Credit

Calculators

Determine Monthly Payments for Loans and Mortgages

Altura in the Community

See How We Support Our Local Community

We are Invested in Helping You Live a Financially Healthy Life

Benefits of Membership