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Savings Account

Your savings account is the cornerstone of your LAFCU membership.

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Open your savings account by purchasing 5 shares, equal to $5, and you become part owner of LAFCU - with all the benefits of membership including voting privileges at our annual meeting. Your savings account earns monthly dividends,* and deposits may be made via Direct Deposit or payroll deduction.

Savings Rates
DescriptionDividend RateAPY*
Savings ($100- $4,999.99) 0.05% 0.05%
Savings ($5000 - $19,999.99) 0.10% 0.10%
Savings ($20,000 - $99,999.99) 0.10% 0.10%
Savings ($100,000 & Above) 0.10% 0.10%
Youth Savings ($5 - $4,999.99) 0.05% 0.05%
Youth Savings ($5000-$19,999.99) 0.10% 0.10%
Youth Savings ($20,000-$99,999.99) 0.10% 0.10%
Youth Savings ($100,000 & Above) 0.10% 0.10%
Holiday Club 0.05% 0.05%
Bill Pay Plus 0.05% 0.05%
Loan Transfer 0.05% 0.05%
Special Purpose 0.05% 0.05%
* Annual Percentage Yield. Rates accurate as of 05/07/21. Rates are subject to change without notice. Dividend Rate and Annual Percentage Yield on these accounts are on entire balance when funds are within specified range. Minimum daily balance of $100 required to earn dividends on Savings. Minimum daily balance of $5 to earn dividends on Youth Savings. Fees could reduce earnings.

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