Investments
There's no shortage of savings opportunities at Shell Federal Credit Union. Our savings accounts are federally insured up to $100,000 by the National Credit Union Administration. As a not-for-profit credit union, Shell Federal generally returns higher dividends to its members than for-profit institutions such as banks.

And you always have free, 24-hour access to any savings, checking, or deposit account information with Access-24 (online banking) or Call-24 (telephone banking).

Certificates
Certificates are the easiest and most conservative of Shell Federal's investment options. Certificates can be opened with a minimum $1,000 deposit in a number of terms(6, 12, 18, 24, 30, 36, 48 and 60 months) See the rate schedule for current rates.

IRA Accounts
Those planning their retirement strategies will certainly want to look at what Shell Federal can offer with regular IRAs. The Taxpayer Relief Act of 1997 created a variety of new IRA options and drastically changed the rules for the traditional IRA.

Traditional IRAs are more attractive than ever because expanded income limits mean more people will be able to make tax-deductible contributions. In addition, penalty-free withdrawals are allowed for qualified higher-education expenses and for a first-time home purchase.

Roth IRAs
An additional option when planning your retirement is a Roth IRA. Roth IRAs are very similar to traditional IRAs but with different guidelines for investors. Named after Senator William Roth of Delaware, a longtime IRA advocate, the Roth IRA allows you to contribute up to $4,000 in 2005-2007. Unlike a Regular IRA, those contributions are not tax-deductible and there are income limits for Roth IRAs. For more detailed information concerning IRAs, stop by and speak with a member services representative.

Certificate / Certificate IRAs can be opened with a minimum $1,000 deposit in a number of terms(6, 12, 18, 24, 30, 36, 48 and 60 months) See the rate schedule for current rates.