Investing | Financial Planning | IRAs | Health Savings | Education


Build wealth and plan for your retirement and healthcare with tax-advantaged opportunities


Individual Retirement Accounts (IRAs) SavingsDatatrac Seal

Individual Retirement Accounts (IRAs) Term Share Accounts (CDs)

Free Health Savings Checking Accounts (HSA)


Individual Retirement Accounts (IRAs) Savings

Individual Retirement Accounts (IRAs) should be part of everyone's long-term investment plan. With as little as $100, you can open an IRA with us. We offer traditional and Roth IRAs. Get started on planning your financial future today.

With a traditional IRA, you may qualify for a tax-deduction and defer taxes until you withdraw the funds. If you don't qualify for a traditional IRA, you can still contribute to a Roth IRA and your savings will grow tax-free.

Have an IRA elsewhere? Roll it on over and enjoy very competitive daily rates.

IRAs are insured up to $250,000 by the National Credit Union Administration.

Call or stop by one of our branches to discuss which option best meets your needs.

IRA contribution limits for 2017-2018 (Traditional and Roth)

  • Annual Contribution Limit: $5,500
  • Additional "Catch-Up" Contribution for Owners age 50 and Older: $1,000 ($6,500 total)

Individual Retirement Accounts (IRAs) Certificate Accounts (Term Shares)

Our Individual Retirement Account (IRA) Certificate Accounts (Term Shares) pay a higher rate.

  • Minimum balance of $1,000
  • Mini and jumbo IRA Term Shares available
  • Terms of 12, 24 or 36 months
  • Competitive fixed rate


Health Savings Account (HSA)

Our FREE Health Savings Checking Account Gives You Peace of Mind

Plan for annual medical expenses through a Health Savings Checking Account (HSA). Contribute to a Health Savings Checking Account (HSA) to save, tax-deferred*, for current and future qualified medical expenses.

Employers and Individuals!

Hughes Federal Credit Union is your local source for Free Health Savings Checking Accounts (HSAs). Our HSA includes an Interest Earning Checking and a No Fee Debit card. Stop paying high fees on your HSA and enroll today.

Employers: Please contact Business Development at or at 520-205-5672 for more information or to enroll your company in our HSA program today.

Individuals: Please see information below, call or visit any of our convenient branch locations to open your HSA Checking today.

Apply Now

With the high cost of medical expenses, eligible members can contribute to our Free Health Savings Checking account (HSA) to save, tax-deferred*, for current and future qualified medical expenses. Withdrawals from an HSA for qualified medical expenses may be tax-free and contributions may be tax-deductible. For more information, visit or Health Savings Accounts and Other Tax-Favored Health Plans.

You must be covered under an HSA-qualified, high-deductible health plan (HDHP) to contribute to an HSA. An HDHP typically has lower premiums than a traditional health plan. What you save monthly on the premium can be deposited into an HSA to save for healthcare expenses.

Since you own and control the money in your HSA, you decide which expenses to pay. Our HSA provides you with a convenient way to save for and/or pay health care related expenses.

HSA Contribution Limit for 2018

  • Individual: $3,450
  • Family: $6,900
  • HSA catch-up contributions (age 55 or older)*: $1,000.

Please call 520-794-8341 or 800-253-8245 outside Tucson for more information or stop by any branch to open your Health Savings Checking Account.

Effective January 1, 2019

Account Features/Services

Health Savings Account (HSA) Checking

Prospective Dividend and Annual Percentage Yield (APY) Rates

0.50% / 0.50%
Minimum Balance** None
No-Fee Visa® Debit Card Included
Monthly Fee None
FREE Online Bill Pay Included
Direct Deposit Yes
No Per-Check Fees Yes
Unlimited Check Writing Yes
FREE Online Banking Yes
Mobile Banking Yes
Text Banking Yes
Checks Available through Harland Clarke
FREE Financial Planning Yes
FREE Credit Score Enhancement Yes

Checking Account dividends compounded daily and credited monthly except where notated.

*Please consult your tax advisor.

**This is the minimum balance required to open an account and the minimum balance to earn the posted Annual Percentage Yield (APY). The Dividend Rates and Annual Percentage Yield (APY) are variable rates. Dividends are based on the Credit Union's earnings at the end of a dividend period and thus cannot be declared in advance. Rates and terms are subject to change at any time. Please contact the credit union for further information. 

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