An IRA is an account that allows an individual to save for retirement with tax-free growth or on a tax-deferred basis. Save for your retirement with an IRA that offers high returns and tax benefits for eligible savers. Security Credit Union offers Traditional IRAs, Roth IRAs, and Coverdell Education Savings Accounts. Funds at Security Credit Union are federally insured up to $250,000 and your IRAs are insured up to $250,000 by the National Credit Union Share Insurance Fund. It’s administered by the National Credit Union Administration and backed by the full faith and credit of the United States.