Savings Accounts Rates

Savings Rates

Rates effective as of December 18th, 2018

Share Type Rate APY

Primary Savings

(Minimum to open and maintain membership =$5) A minimum average daily balance of $500 must be maintained in the account to obtain the disclosed APY.

0.05% 0.05%

Youth Primary Savings

(Minimum to open and maintain membership =$5) No minimum average daily balance must be maintained in the account to obtain the disclosed APY.

0.05% 0.05%

Secondary Savings

(Minimum to open and maintain membership =$5) No minimum average daily balance must be maintained in the account to obtain the disclosed APY.

0.05% 0.05%

VISA Savings

VISA SAVINGS – (Minimum to open=$500) No minimum average daily balance must be maintained in the account to obtain the disclosed APY. Deposits will be held to secure VISA.

0.05% 0.05%

IRA Savings

IRA SAVINGS – (Available as Traditional, Roth, Coverdell ESA, and SEP IRA Account) (No minimum balance to open) No minimum average daily balance must be maintained in the account to obtain the disclosed APY.

0.05% 0.05%

Ready Asset Saving Rates

Rates effective as of December 18th, 2018
Share Type Balance Rate APY

Ready Asset Savings

Minimum to open=$2,000. Balances below $2,000 will earn the Primary Savings Rate. Stated Average daily balances must be maintained in the account to obtain the disclosed APY.

$0 - $9,999.99 0.05% 0.05%
$10,000.00 - $49,999.99 0.05% 0.05%
$50,000.00 - $99,999.99 0.10% 0.10%
$100,000.00 - $199,999.99 0.15% 0.15%
$200,000.00+ 0.15% 0.15%

Money Market Maximizer Rates

Rates effective as of December 18th, 2018
Share Type Balance Rate APY

Money Market Maximizer

Minimum to open=$10,000. Balances below $10,000 earn the Primary Savings Rate. Stated Avg daily balances must be maintained in acct. to obtain disclosed APY.

$0 - $9,999.99 0.15% 0.15%
$10,000.00 - $49,999.99 0.30% 0.30%
$50,000.00 - $99,999.99 0.35% 0.35%
$100,000.00 - $199,999.99 0.40% 0.40%
$200,000.00+ 0.45% 0.45%

IRA Money Market

Rates effective as of December 18th, 2018
Share Type Balance Rate APY

IRA Money Market

(IRA Money Market avail. as: Traditional, Roth, Coverdell ESA, or SEP IRA Account) Minimum to open=$10,000. Balances below $10,000 earn the IRA Savings Rate. Stated Avg daily balances must be maintained in acct. to obtain disclosed APY.

$0 - $9,999.99 0.15% 0.15%
$10,000.00 - $49,999.99 0.30% 0.30%
$50,000.00 - $99,999.99 0.35% 0.35%
$100,000.00 - $199,999.99 0.40% 0.40%
$200,000.00+ 0.45% 0.45%

Fixed Rate Term Share and IRA Certificate Accounts

Rates effective as of December 18th, 2018

Term $1,000 – $9,999.99 $10,000 – $49,999.99 $50,000 – $99,999.99 $100,000 – $199,999.99 $200,000+
Rate APY Rate APY Rate APY Rate APY Rate APY

90 Days

0.15% 0.15% 0.15% 0.15% 0.25% 0.25% 0.30% 0.30% 0.35% 0.35%

6 Months

0.15% 0.15% 0.20% 0.20% 0.30% 0.30% 0.40% 0.40% 0.50% 0.50%

12 Months

0.20% 0.20% 0.35% 0.35% 0.55% 0.55% 0.70% 0.70% 0.90% 0.90%

24 Months

0.35% 0.35% 0.70% 0.70% 0.90% 0.90% 1.10% 1.11% 1.35% 1.36%

36 Months

0.70% 0.70% 0.85% 0.85% 1.10% 1.11% 1.25% 1.26% 1.45% 1.46%

60 Months

1.05% 1.06% 1.20% 1.21% 1.40% 1.41% 1.55% 1.56% 1.70% 1.71%

12 Month Promo Certificate Rates - Limited Time Offer

Rates effective as of December 18th, 2018
Share Type Balance Rate APY

12 Month Promo Certificate

Minimum to open=$5,000. See additional disclosure*.

$5,000.00 - $24,999.99 1.25% 1.26%
$25,000.00 - $100,000.00 2.00% 2.02%

12 Month Growth Certificate Rates

Rates effective as of December 18th, 2018
Share Type Balance Rate APY

12 Month Growth Certificate

Minimum to open=$200. Additional deposits can be made at a minimum of $25 each throughout the 12 month term. Balances below $200 earn the Primary or IRA Savings Rate. Stated Avg daily balances must be maintained in the account to obtain disclosed APY.

$200.00+ 0.15% 0.15%

This credit union is federally insured by the National Credit Union Administration.

For all savings, IRA savings, ready asset savings, money market maximizer, IRA money market, and interest checking accounts, the prospective Dividend Rate and prospective APY are set forth above. For all such accounts, dividends are paid from the current and available earnings, after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on all accounts may change every month, as determined by the Credit Union’s Board of Directors.

The Dividend Rate and APY (Annual Percentage Yield) for each Term Share (Certificate) Account is set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven calendar days and were accurate as of the date set forth above. Please call 1-800-894-1200 to obtain current rate information. If a Term Share (Certificate) Account was opened, the applicable Dividend Rate and APY set forth above would be paid for the length of the term listed for such account. For such accounts, a substantial penalty may be imposed for early withdrawal. Fees for other conditions could reduce earnings on any of the listed accounts. Please refer to Schedule of Fees and Charges. All accounts are subject to the terms and conditions set forth in the Credit Union’s Account Agreement and Truth-in-Savings Disclosure. Rates and programs are subject to change without notice.

LA Financial offers Traditional, Roth, Coverdell ESA, and SEP IRAs. Each offers a unique set of tax-advantage savings benefits. Plus, your IRA accounts are separately insured to $250,000 by the NCUA, a U.S. government agency. Interest rate may vary after the account is opened. Fees may reduce earnings. IRS penalty may apply for early withdrawal. See IRA disclosure statement for additional information. See your tax advisor regarding tax advantages and consequences.

For any account established by a minor, the Credit Union reserves the right to require the minor account to be a joint account or multiple party account with an owner who is at least 18 years of age, who shall be primarily liable to the Credit Union for any returned item, overdraft, or unpaid charges. Unless a guardian is an account owner, the guardian shall not have any right to access the account.

*12 Month Promo Certificate offer only good on New Money. New Money is defined as funds not currently on deposit with LA Financial Credit Union and excludes funds withdrawn from LA Financial Credit Union and redeposited into any account during the promotional period. The minimum deposit required to open the 12-Month Promo Certificate is $5,000. The certificate term is 12 months. The advertised rate of 1.26% APY for $5,000 – $24,999.99 and 2.02% APY for $25,000 – $100,000, assumes dividends remain on deposit until maturity. LA Financial Credit Union will terminate the account and impose a penalty if a withdrawal of principal is made prior to the Maturity Date. Early withdrawal penalties for Term 90 Days – 12 months is 90 days dividends. At maturity the certificate will automatically renew as regular (non-Promo) 12-month certificate at the dividend rate and APY then in effect. The 12-Month Promo Certificate cannot be opened as an IRA certificate and is not available on business accounts. APY= Annual Percentage Yield. The LA Financial Credit Union 1.26% APY for $5,000 – $24,999.99 and 2.02% APY for $25,000 – $100,000 12-Month Promo Certificate is available for a limited time only and may be discontinued at any time.