Retirement Accounts


It’s never too early to start planning and saving for your future.  We can help you build your nest egg so you can be on a path toward living a financially stable retirement.   We offer both Traditional IRA and Roth savings and certificates.  A Traditional IRA savings in most cases will allow you to make pre-tax contributions, meaning when you make deposits into the IRA, you are able to deduct that amount from your taxable income and in return, pay less taxes for the year.  A Roth IRA savings may be right for you if you don’t need the tax deductions now and prefer tax-free withdrawal at retirement.  IRA certificates are available in both Traditional and Roth IRA’s and like our regular certificates, come with term options that pay higher dividends for longer terms.

Savings Product Comparison

Savings Products
Product featureRegular SavingsMoney MarketCertificates
FDIC/NCUA Insurance Available via Regular Savings Available via Money Market Available via Certificates
Check-writing Not available via Regular Savings Available via Money Market Not available via Certificates
Debit Card Available via Regular Savings Available via Money Market Not available via Certificates
Liquidity Available via Regular Savings Available via Money Market Not available via Certificates
Limited Transactions Available via Regular Savings Available via Money Market Available via Certificates
Relative APY Not available via Regular Savings Available via Money Market Available via Certificates


Certificate Product Comparison

Certificate Products
Product featureTraditional IRARoth IRASavings CertificatesCertificates
FDIC/NCUA Insurance Available via Traditional IRA Available via Roth IRA Available via Savings Certificates Available via Certificates
Check-writing Not available via Traditional IRA Available via Roth IRA Not available via Savings Certificates Not available via Certificates
Debit Card Available via Traditional IRA Available via Roth IRA Not available via Savings Certificates Not available via Certificates
Liquidity Available via Traditional IRA Available via Roth IRA Not available via Savings Certificates Not available via Certificates
Limited Transactions Available via Traditional IRA Available via Roth IRA Available via Savings Certificates Available via Certificates
Relative APY Not available via Traditional IRA Available via Roth IRA Available via Savings Certificates Available via Certificates

Savings FAQs

Does a savings account have a routing number, and can I have a direct deposit set up?

Yes, your savings routing number is the same as for your checking. San Francisco Federal Credit Union’s routing number is 321076441. Direct deposits can be set up to go into your savings account and is a great way to build your savings.

Can I write checks from my savings or money market account?

Our savings products do not allow for check writing. For unlimited check writing capabilities, you can open a checking account. Although you cannot write checks from a savings or money market account, those accounts can be linked to your checking account as overdraft protection. Rather than incurring an overdraft fee, having your savings and/or money market linked to your checking account will allow us to automatically transfer funds from your checking account and prevent your savings account from becoming overdrawn – provided the linked checking account has enough funds to cover the entire deficit.

What happens when my Certificate/CD matures?

When you open your CD with us, you will have the opportunity to make arrangements for the money upon the CD maturity date. If you do not make arrangements then, there is a 10-day grace period after your CD reaches maturity during which time you may rollover your balance to a new CD, add funds to the account or reduce the balance. You can also transfer the money to a different account or close the account without penalty.
If you want to rollover your balance to a new CD, please contact us for the latest dividend rates and Annual Percentage Yield (APY) and to discuss term options. We can be reached during regular business hours at 415-775-5377.

Should I select a Traditional IRA or a Roth IRA and should I open a savings or certificate?

We recommend that you consultant your attorney, CPA or financial advisor on what investment options are best for you.


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