|
 |
Savings Account
* Pays fixed dividend on entire balance in savings account quarterly. (Dividends are paid on a balance of $300.00 or more).
* Can be accessed:
*In person at any LFCU Branch.
*By our24 hour ATMs
*By any ATM on Pulse network
*By our audio response unit
*By mail
*Quarterly statements (Monthly statements if any EFT activity occurs)
*The account may be used as collateral for a share loan.
*Members may have their pay directly deposited into their account if employer provides direct deposit.
*NCUA insures the cumulative deposits of share-type accounts up to $100,000. (IRAs insured separately)
*Transfer from your share account to other credit union accounts at no charge.
*$5.00 one time membership fee to open account and $25.00 to maintain it open.
Benefits
* Makes more money for the member than some area institutions.
* Convenience, easy access, flexibility
* Provides members with a record of transactions and earnings activity.
* Saves money-provides a low cost means to borrow
* Saves time and trips to the credit union.
* Security- members' funds are secure and guaranteed.
* Flexibility and easy access to your money.
* Members may join with a low out of pocket expense.
* All money deposited belongs to the member.
|
