CHECKING
Effective date: 03/10/2017
| CHECKING | ||
| Minimum to Open and Earn APY | Dividend Rate | APY |
| DirectConnect Checking | ||
| $25 or more | 0.10% | 0.10% |
| Premium Perks Checking | ||
| $25 – $999.99 | 0.10% | 0.10% |
| $1,000 – $4,999.99 | 0.10% | 0.10% |
| $5,000 or more | 0.15% | 0.15% |
| Remarkable Rewards Checking* | ||
| <$25,000 | 1.24% | 1.25% |
| Special Privileges Checking | ||
| $25 or more | 0.10% | 0.10% |
APY – Annual Percentage Yield. Deposit interest rates may be subject to change without notice and may change after account opening. Fees could reduce earnings on account. On all accounts a minimum of $25.00 must be maintained to earn interest.
* Deposit Interest rate tiers are as follows: 1.25% APY applies to balances of $.01 – $25,000 and .25% APY applies to balances over $25,000 as long as all qualifications are met per qualification cycle. 0.10% APY applies to all balances if qualifications are not met. Qualifications: must have 10 debit card point of sale transactions post and settle to your account per qualification cycle, receive your monthly statement electronically and receive at least one direct deposit or ACH debit monthly. No minimum balance required. No monthly service charge. Available to personal accounts only. Unlimited ATM fee refunds per cycle when qualifications are met. See an MSR for qualification details.
SAVINGS
Effective date: 06/02/15
| SAVINGS | ||
| Minimum to Open and Earn APY |
Dividend Rate | APY |
| A+ Savings | ||
| $25 | 0.10% | 0.10% |
| Club Accounts | ||
| $25 | 0.10% | 0.10% |
| Premium Money Market Account | ||
| $25 – $999.99** | 0.10% | 0.10% |
| $1,000 – $9,999.99 | 0.20% | 0.20% |
| $10,000 – $49,999.99 | 0.25% | 0.25% |
| $50,000 or more | 0.25% | 0.25% |
| Premium Savings | ||
| $25 – $49,999.99 | 0.15% | 0.15% |
| $50,000 or more | 0.35% | 0.35% |
| Regular Savings | ||
| $25 | 0.10% | 0.10% |
| Sterling Set | ||
| $25 – 1,999.99 | 0.10% | 0.10% |
| $2,000 or more | 0.15% | 0.15% |
| VIP Money Market Account | ||
| $25 – $24,999.99*** | 0.10% | 0.10% |
| $25,000 – $49,999.99 | 0.15% | 0.15% |
| $50,000 or more | 0.35% | 0.35% |
APY – Annual Percentage Yield. Rates may be subject to change without notice and may change after account opening. Fees could reduce earnings on account. Early withdrawal penalties may be imposed. On all accounts a minimum of $25 must be maintained to earn interest.
** Monthly service charge of $5 if balance falls below $1,000.
*** Monthly service charge of $10 if balance falls below $10,000.
RELATIONSHIP CD♦ – Also available for IRAs
Effective date: 08/30/17
| RELATIONSHIP SAVINGS CD/IRA | |||
| Type | Minimum to Open and Earn APY | Dividend Rate | APY |
| Term Share Certificates | |||
| 90 Day | $1,000 | 0.50% | 0.50% |
| 6 Month | $1,000 | 0.60% | 0.60% |
| 1 Year | $1,000 | 0.85% | 0.85% |
| 18 Month | $1,000 | 0.90% | 0.90% |
| 2 Year | $1,000 | 1.09% | 1.10% |
| 3 Year | $1,000 | 1.34% | 1.35% |
| 4 Year | $1,000 | 1.98% | 2.00% |
| 5 Year | $1,000 | 1.88% | 1.90% |
| Term Share IRAs | |||
| 1 Year | $1,000 | 0.85% | 0.85% |
| 18 Month | $1,000 | 0.90% | 0.90% |
| 2 Year | $1,000 | 1.09% | 1.10% |
| 3 Year | $1,000 | 1.34% | 1.35% |
| 4 Year | $1,000 | 1.98% | 2.00% |
| 5 Year | $1,000 | 1.88% | 1.90% |
♦APY-Annual Percentage Yield accurate as of August 30, 2017. $1,000 minimum to open. Penalty for early withdrawal. An active LCU checking account and E-statement required to get the Relationship CD rate. Active checking account requires direct deposit of your payroll, Social Security, pension, or other regularly occurring income check per statement cycle. Account must be ‘active’ with direct deposit established and E-statement authorized within 30 days of CD opening or rate will revert to standard CD rate. If checking account becomes inactive (e.g. direct deposit or E-statement is discontinued) rate reverts to standard CD rate. Relationship CD rates available on standard CD products only. Special CD products are not eligible for Relationship CD rate. You must maintain a minimum daily balance of $1,000 (or $25.00 if this is a Daily IRA Savings Account) in your account each day to obtain the disclosed APY. LCU members must maintain a $25 deposit relationship. Fees may reduce earnings. Rates subject to change without notice. Offer may be withdrawn without notice.
See table below for non-relationship CDs and IRAs.
CD/IRA
| SAVINGS CD/IRA | |||
| Type | Minimum to Open and Earn APY | Dividend Rate | APY |
| Term Share Certificates | |||
| 90 Day | $1,000 | 0.25% | 0.25% |
| 6 Month | $1,000 | 0.35% | 0.35% |
| 9 Month Special | $1,000 | 1.00% | 1.00% |
| 1 Year | $1,000 | 0.60% | 0.60% |
| 15 Month Special | $1,000 | 1.49% | 1.50% |
| 18 Month | $1,000 | 0.65% | 0.65% |
| 2 Year | $1,000 | 0.85% | 0.85% |
| 27 Month Special | $1,000 | 1.73% | 1.75% |
| 3 Year | $1,000 | 1.09% | 1.10% |
| 4 Year | $1,000 | 1.73% | 1.75% |
| 5 Year | $1,000 | 1.64% | 1.65% |
| Term Share IRAs | |||
| 1 Year | $1,000 | 0.60% | 0.60% |
| 15 Month Special | $1,000 | 1.49% | 1.50% |
| 18 Month | $1,000 | 0.65% | 0.65% |
| 2 Year | $1,000 | 0.85% | 0.85% |
| 27 Month Special | $1,000 | 1.73% | 1.75% |
| 3 Year | $1,000 | 1.09% | 1.10% |
| 4 Year | $1,000 | 1.73% | 1.75% |
| 5 Year | $1,000 | 1.64% | 1.65% |
| Daily IRA Savings Account | $25 | 0.25% | 0.25% |
APY – Annual Percentage Yield. Rates may be subject to change without notice and may change after account opening. Fees could reduce earnings on account. Early withdrawal penalties may be imposed. On all accounts a minimum of $25 must be maintained to earn interest.