Open an Individual Retirement Account (IRA) by Mail

Thank you for your interest in opening an IRA at Elevations Credit Union. Please complete the following steps in order to ensure your IRA is established accurately and efficiently:

Non-Members: Before opening an IRA, please establish your membership by opening a savings account. Then proceed with the process below.

Members:
1. Complete the appropriate form: Traditional IRA Application [PDF], Roth IRA Application [PDF]

  • Where the form says "I instruct the credit union to invest this IRA in the following investment" or “IRA Investment Chosen,” indicate your choice from below:
    • IRA Savings opening balance $100.00
    • IRA Certificate with minimum and opening balance of $100 (indicate 3, 6, 12, 18, 24, 36, 48 or 60-month term)
  • On the Roth IRA form, leave the “Internal Traditional-to-Roth IRA Conversion” section blank.
  • List your beneficiary information. List your secondary beneficiaries, if applicable.
  • If you have designated your spouse as less than 50% primary beneficiary, your spouse will need to sign for consent.
  • Sign and date under Account Owner's Signature. Retain the Agreement and Disclosure information for your records.
2. To arrange a direct transfer or direct rollover from an IRA at another financial institution or a 401k, follow these simple instructions.

Bring your completed applications to any Elevations branch location or mail them to the following address:

Attn: Operations Administration
Elevations Credit Union
PO Box 9004
Boulder, CO 80301

We would be happy to assist you in filling out the applications to establish a new IRA. Please feel free to call 303.443.4672 or 800.429.7626, or stop by any branch location.