RATES

Savings Accounts

To open all other savings accounts other than a Primary Savings, please call us at 1-800-894-1200 or visit a local branch

Savings Rates

Rates effective as of December 3rd, 2023

→ Learn more about our Savings Account types

Share Type	Rate	APY ¹
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.	0.10%	0.10%
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.	0.10%	0.10%
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.	0.10%	0.10%
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.	0.10%	0.10%

Money Market Rates

Rates effective as of December 3rd, 2023

Share Type	Balance	Rate	APY ¹
Money Market Minimum to open=$500. Stated Avg daily balances must be maintained in acct. to obtain disclosed APY.	$0 - $9,999.99	0.35%	0.35%
	$10,000.00 - $49,999.99	0.55%	0.55%
	$50,000.00 - $99,999.99	0.70%	0.70%
	$100,000.00 - $199,999.99	0.90%	0.90%
	$200,000.00+	1.00%	1.00%

IRA Money Market

Rates effective as of December 3rd, 2023

Share Type	Balance	Rate	APY ¹
IRA Money Market (IRA Money Market avail. as: Traditional, Roth, Coverdell ESA, or SEP IRA Account) Minimum to open=$500. Stated Avg daily balances must be maintained in acct. to obtain disclosed APY.	$0 - $9,999.99	0.35%	0.35%
	$10,000.00 - $49,999.99	0.55%	0.55%
	$50,000.00 - $99,999.99	0.70%	0.70%
	$100,000.00 - $199,999.99	0.90%	0.90%
	$200,000.00+	1.00%	1.00%

Fixed Rate Term Share and IRA Certificate Accounts

Rates effective as of December 3rd, 2023

Term	Rate		APY ¹	Rate	APY ¹	Rate	APY ¹	Rate
Term	$1,000 - $9,999.99		$10,000 - $49,999.99		$50,000 - $99,999.99		$100,000+
90 Days	0.65%	0.65%	1.25%	1.26%	1.40%	1.41%	1.70%	1.71%
6 Months	0.70%	0.70%	1.50%	1.51%	1.95%	1.97%	2.25%	2.27%
12 Months	0.95%	0.95%	2.20%	2.22%	2.50%	2.53%	3.05%	3.09%
24 Months	1.05%	1.06%	2.50%	2.53%	2.80%	2.84%	3.60%	3.66%
36 Months	1.20%	1.21%	2.60%	2.63%	3.05%	3.09%	3.90%	3.97%
60 Months	1.45%	1.46%	2.90%	2.94%	3.40%	3.45%	4.70%	4.80%

13 Month Promo Certificate Rates

Rates effective as of December 3rd, 2023

Share Type	Balance	Rate	APY ¹
13 Month New Money Certificate* Minimum to open=$1000. Stated Avg daily balances must be maintained in the account to obtain disclosed APY.	$1,000+	4.50%	4.59%

Balance

Rate

APY ¹

$1,000+

4.50%

4.59%

*APY= Annual Percentage Yield. Current dividend rate is 4.59% for a 13-month certificate term. Rate is effective July 1, 2023. This promotion requires that funds be New Money to LA Financial Credit Union. "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 13 Month New Money Certificate is $1,000. The certificate term is 13 months. The advertised 4.59% APY with a minimum of $1,000 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 apply; 180 days dividend penalty for terms over 12 months. Certificate will rollover at maturity into a 12-month term at the then prevailing dividend rate. This offer is not valid on business accounts. The Credit Union reserves the right to end or modify this offer at any time without notice Please see our Account Agreement and Deposit Disclosures Packet at lafinancial.org/forms-disclosures for full terms and conditions. For current dividend rates go to lafinancial.org/bank/savings-accounts/savings-accounts-rates. Membership eligibility is required. Membership requires a minimum balance of $5 in a LA Financial Credit Union Primary Savings Account. Insured by NCUA.

12 Month Growth Certificate Rates

Rates effective as of December 3rd, 2023

Share Type	Balance	Rate	APY ¹
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%

Balance

Rate

APY ¹

$200.00+

0.15%

Open a Primary Savings account online

→ To open all other savings accounts other than a Primary Savings, please call us at 1-800-894-1200 or visit a local branch

¹APY=Annual Percentage Yield.

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

For all savings, IRA savings, money market, 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 adviser 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.

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