SF Fire Credit Union

Contact SF Fire

Contact Center

Local (415) 674-4800 | Toll Free (888) 499-FIRE (3473)
7:00 a.m. to 8:00 p.m. (Pacific) Monday – Saturday

Branch Hours

8:30 a.m. to 6:00 p.m. (Pacific) Monday – Friday
8:30 a.m. to 3:00 p.m. (Pacific) Saturday

You Come First.

It’s different with SF Fire Credit Union. We’re not about satisfying investors. Or paying shareholders. Unlike a bank, the profits we make go directly back to our members. So what you get is fair and transparent banking, great rates, low fees, and something you probably haven’t seen in a while: a financial institution that is all about you.

Refinance Your Auto. Get A $150 Rebate.

With a rate as low as 3.39%, you’ll have a little more room to move with lower monthly payments. Plus, you’ll get a $150 rebate just for refinancing.

A Card For How You Live.

You don’t believe in wasting money; we don’t believe in fees. Our Visa credit cards have no annual fees, no fees for cash advances or balance transfers, and no charges for foreign currency transactions, and the Rewards Program is free.

You Deserve Free.

You’re much more than a number to us. That’s why everything about our checking is free. From the monthly fee (there is none) to mobile check deposits (all free) to the ATM charges (free, including limited refunds on surcharges outside the network). It’s what happens when you put members first.

Home Loans Built For You.

It’s the biggest purchase you’ll ever make, and it makes all the difference to have a hometown financial partner there to support you. SF Fire Credit Union brings it home—from working the pre-approval to making sure your mortgage fits you and your long-term needs.

You Come First.

It’s different with SF Fire Credit Union. We’re not about satisfying investors. Or paying shareholders. Unlike a bank, the profits we make go directly back to our members. So what you get is fair and transparent banking, great rates, low fees, and something you probably haven’t seen in a while: a financial institution that is all about you.

Refinance Your Auto. Get A $150 Rebate.

With a rate as low as 3.39%, you’ll have a little more room to move with lower monthly payments. Plus, you’ll get a $150 rebate just for refinancing.

A Card For How You Live.

You don’t believe in wasting money; we don’t believe in fees. Our Visa credit cards have no annual fees, no fees for cash advances or balance transfers, and no charges for foreign currency transactions, and the Rewards Program is free.

You Deserve Free.

You’re much more than a number to us. That’s why everything about our checking is free. From the monthly fee (there is none) to mobile check deposits (all free) to the ATM charges (free, including limited refunds on surcharges outside the network). It’s what happens when you put members first.

Home Loans Built For You.

It’s the biggest purchase you’ll ever make, and it makes all the difference to have a hometown financial partner there to support you. SF Fire Credit Union brings it home—from working the pre-approval to making sure your mortgage fits you and your long-term needs.

Traditional and Roth Individual Retirement Accounts Compared

Individual Retirement Accounts (IRAs) form a large part of the financial landscape and can help offset taxes, with the additional benefit of contributing to a well-rounded retirement plan or savings for a child’s education. You can enjoy the benefits of compounding growth and tax savings, but with several varieties of IRAs available it can get a little confusing. Learning some key components is a good first step to understanding the benefits of these accounts.

Traditional Individual Retirement Account

Traditional IRAs are retirement accounts where contributions may be tax deductible if you are not covered by your employer’s retirement plan. If you do participate in a company pension or 401(k) plan, you still may be able to deduct contributions to a Traditional IRA depending on your income or filing status (consult your tax advisor).

There is no maximum income limit associated with the Traditional IRA.

Individuals may contribute up to $5,500 ($6,500 if age 50 or older) in 2018. The investment grows tax-free until it’s withdrawn, usually after age 59½. Money withdrawn before age 59½ will usually result in a 10% tax penalty, but there are some exceptions and additional penalties may vary from institution to institution.

Roth Individual Retirement Account

The most notable thing about a Roth IRA is that withdrawals are tax-free if the account has been open for at least five years and you’re at least 59½ when you start to withdraw money. Contributions to a Roth are not tax deductible, however.

Individuals may contribute up to $5,500 ($6,500 if age 50 or older) in 2018. It is important to note that in order to invest in a Roth IRA, your income can not be higher than $135,000 or $199,000 combined if married.

Reminder: Contributions for the 2018 tax year can still be made to IRAs (Traditional and Roth) any time before the April 15 tax deadline, up to the contribution limit for that year.



Please Note:
Contribution limits are based on modified adjusted gross income (AGI). Your limit may vary. Consult IRS Publication 590 or a tax professional for details.
The catch-up contribution is applicable only to the calendar year where the holder turns 50 years of age, not the previous year. Note: For each of the accounts listed above, there are specific criteria to be met in order to qualify for both opening and contributing to the account.
Penalties and early withdrawal fees may vary. Please contact your financial institution for more information.