SAVINGS OPTIONS

Your Money...Your Terms

There's never been a more important time than now to save your hard-earned money and LFCU offers many options to assist you.

Share Insurance Estimator
Since 1937, LFCU has safeguarded member's deposits without a penny lost. Click here to estimate the amount of federal insurance protection provided on your individual, joint, business and payable-on-death accounts.

Share Savings
Earn top dividends with an LFCU savings account. Deposit $5 or more to open our Main Savings account and establish membership at the Credit Union. We also offer Money Management and Holiday and Vacation Club accounts to help you save for a specific purpose.

Money Market Accounts
Access your hard-earned funds whenever you choose with the convenience of an LFCU Money Market Account. This smart account offers higher yields than a traditional savings account, and a tiered dividend structure so, the more money you keep on deposit, the more you'll earn! Enjoy the ease of making deposits anytime, penalty-free withdrawals, and the added benefit of check writing privileges. If you prefer the higher yields of mutual funds, but don't want the risk, our Market Maximizer account may be for you!

Certificate Accounts
An LFCU certificate account is more than a good way to earn competitive yields -- it's also a smart tool to diversify your portfolio.

After all, your investment in an LFCU certificate is only going to go up, and so will your security, knowing your funds are federally insured up to $250,000 by the NCUA.

New -- open your Certificate risk-free! LFCU will waive your early termination fee if you decide you want to invest funds from your certificate in the market. To qualify for this waiver, your certificate funds must be invested in a qualified brokerage product (e.g. qualifying annuity or mutual fund, not individual stock purchases) through LFCU’s brokerage services group. For more information, please call (800) 553-3703.

IRA Accounts
LFCU offers ROTH, Traditional and Education IRAs. Each offers a unique set of tax-advantage savings benefits. Plus, your IRA accounts are federally insured to a combined total of $250,000 by the NCUA, a U.S. government agency. Click here to learn more.

Beginning January 2010, the old rules for converting a Traditional IRA to a Roth IRA no longer apply. The previous income limit of $100,000 adjusted gross income is being lifted, so now more consumers are eligible to convert. Learn more.