Save for your future while meeting your financial needs today

Reduce your taxes or plan for retirement, your first home or future college expenses

Start building a solid foundation for your future, today! Not sure which IRA is for you? Contact us to discuss your options or click one of the options below to view more information

Roth IRA

Exploring Your IRA Options

Traditional IRA

Growing Your Savings

Coverdell ESAs

Rolling Your Way to a Better Retirement

Taking a Closer Look at Roth Eligibility

Moving Into a Roth IRA

 To see our IRA Rates click here


IRA Distributions

Payments from your IRA are subject to federal income tax withholding, unless you elect no withholding. You may change your withholding election at any time prior to your receipt of a payment. To change your withholding election, stop into any branch or call a representative at 814-456-6231.

Withholding from your IRA payments, when combined with other withholding, MAY relieve you from payment of estimated income taxes. However, your withholding election does not affect the amount of income tax you pay.

You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are insufficient. For more specific questions regarding your IRA withholdings, please call 456-6231 and dial ext. 263 for Andrea Thompson.

*Hard copies are available upon request at no charge.

Safety and Security

At our Credit Union, members’ shares (deposits) are insured by the National Credit Union Share Insurance Fund. The NCUSIF is an arm of the National Credit Union Administration, or NCUA, which is a federal government agency. Currently, properly established share accounts in federally-insured credit unions are insured up to $250,000. In April 2006, insurance coverage on certain retirement accounts, such as IRAs and Keoghs, was raised to $250,000.

In addition to insurance through the NCUSIF, Widget Financial is one of only 13 credit unions in Pennsylvania that provides all of its members with the benefit of Excess Share Insurance. Widget Financial provides $250,000 of additional private insurance on accounts that exceed the maximum level of insurance coverage provided by the National Credit Union Administration. Therefore, members are automatically insured up to $500,000 per account at no cost.

We are proud to offer this extensive level of safety and security to each of our members. Please contact us if you have additional questions about the level to which your deposits are insured.