“Moving our accounts to Cove FCU has been one of the better financial decisions we have made in quite some time. Instead of feeling like we are merely a number in the system, we have been welcomed into the CFCU family. Whether I have come into the Credit Union personally or the one time I had to call in an emergency from Washington DC, we have been consistently treated as a treasured partner. Not long after joining CFCU we participated in an Auto-financing class and through this process we quickly purchased a new adapted van to help transport my special needs daughter. CFCU stood by us throughout the process and helped broker the final deal. The process was so easy with CFCU’s help, my oldest daughter went through CFCU and purchased her own very first new vehicle a couple of months later. Our relationship with Cove and the people that work there is extremely rewarding! I highly recommend switching to Cove FCU!"Jason D. Salensky
Once you are approved, you can shop worry free at the dealership, knowing you’re already qualified for a loan. You are in control, which means you can focus on getting the best deal.
For more information, please call the mortgage team at 859-292-9000 or email mortgage@covefcu.com
For more information about Home Equity Loans, please call the team at 859-292-9000 or email mortgage@covefcu.com.
An individual retirement accounts (IRAs) allow individuals to direct pre-tax income towards investments that can grow tax-deferred (meaning no capital gains or dividend income is taxed). Specific annual limits are set for Traditional IRA contributions, but they may be tax-deductible depending on the taxpayer’s income, tax-filing status, and other factors.
When an individual begins to receive distributions from a Traditional IRA, the income is treated as ordinary income and may be subjected to income tax. This differs from the Roth IRA, which can offer tax-free distributions. For people over the age of 50, higher annual contribution limits may apply if the IRA has been recently created or under-funded in previous tax years.
Distributions are required to come out of the account by the time the owner reaches age 70.5.
*Before starting any IRA, consult with your tax advisor to determine which type of IRA would work best for you.
We offer a variety of savings accounts that pay highly competitive interest rates. Whether you’re preparing for your family’s future or building your nest egg, each account is designed to get you closer to your financial goals.
This account serves as your primary Cove account and is required for membership. This account must be opened with a minimum of $5.00.
*Savings accounts are limited to 6 electronic withdrawals per month due to federal regulation. APY = Annual Percentage Yield.
**A Choice Savings account with a minimum $5 balance is required to become a member and open an account.
Your $5 will be returned to you should you close your membership.
Join the Cove FCU family. Become a member today!
Get the car you want with the lowest payment possible.
We're here to make sure you get the most out of our relationship. Ask us anything financial-related.
We're here to make sure you get the most out of our relationship. Ask us anything financial-related.
To add Payment Protection to one of your Cove loans, simply reach out.
