 LCFCU has added a new higher-earning tier to our liquid Money Market Share Accounts. Now, all balances over $75,000 will earn an even higher rate. Always consult our monthly rate sheet or web rates page at lcfcu.org for a complete listing and a comparison of many rates with other financial institutions. Save more, earn more at LCFCU today!
Effective August 1, 2008 Rate APY*
$2,500.00-$19,999.99 2.18% 2.20%
$20,000.00-$74,999.99 2.42% 2.45%
$75,000.00 and above 2.66% 2.70%
* Annual percentage yield
LCFCU introduces another innovation and convenience for savers. It’s “Name Your Term” Share Certificates. Beginning August 1, 2008, any Share Certificate we offer from 3 to 60 months will be available to you at the exact term you require.
Minimum deposits for this program stay the same. It’s only $500 for regular Share Certificates and $1,000 for IRA certificates. IRA certificates continue to earn at even higher rates.
Here's How it works:
Got a wedding reception coming up in 25 months? Perhaps graduate school tuition in 7 months? Maybe your round-the-world cruise leaves in 11 months and final payment is due in four? Each and every situation can be met by investing in this Share Certificate program.
Talk to us today and name your term now!
* Annual percentage yield
| Term |
Rate |
APY* |
| 3–5 Months |
3.26% |
3.30% |
| 6–11 Months |
3.45% |
3.50% |
| 12–17 Months |
3.55% |
3.60% |
| 18-23 Months |
3.75% |
3.80% |
| 24–35 Months and |
4.04% |
4.10% |
| 24 Monthly Income |
4.04% |
4.10% |
| 36–47 Months |
4.14% |
4.20% |
| 48–59 Months |
4.23% |
4.30% |
| 60 Months |
4.33% |
4.40% |
 Our specific organizational soundness regarding capital, mortgages, management structure; member satisfaction data and NCUA share insurance is listed here.
- As of 6/30/08, our capital position stands at 11.53%. The federal minimum well-capitalized requirement is 7.0% for credit unions (6.0% for banks).
- Having a higher than minimum required capital position protects LCFCU assets against unknown interest and credit risks.
- Additionally, our mortgages are good quality. We have no sub-prime mortgages in our portfolio of more than $75 million and no mortgages are in default.
- Nearly all of our investments are government or quasi-government insured. We have a laddered investment portfolio with maturities every month over three years to protect and preserve our liquidity.
- Your management team has more than 140 combined years of financial industry experience. The team is prudent in safeguarding member assets exercising conservative financial decision-making.
- Credit Union industry monitor Callahan and Associates publishes national credit union rankings quarterly among peer organizations according to assets. Most recently, LCFCU is ranked #3 overall among a total of 669 credit unions with $100 to $250 million in assets. Our “Member Value” score is 99.70% which is a combined score based on rankings of each of the following satisfaction analyses—savers, borrowers and member service usage.
- NCUA publishes a wealth of information for consumers and members of individual credit unions to educate them about the safety and soundness of the federal insurance fund they manage. The National Credit Union Share Insurance Fund, (NCUSIF) protects LCFCU members’ deposits. Read more at www.ncua.gov.
 Calling all parents to use our Visa credit card to pay school expenses for family members of all ages. From clothing and supplies to room, board and tuition--all the same low fixed rate we advertise. AND, if you transfer balances from other cards, you’ll pay even less.
Plus, no exorbitant fees, or bumped up rates for an occasional late payment or an inadvertent overlimit. Not to say we condone late payments or overlimits, but we care and we understand, it can happen.
Parents of teens—a special message: Now is the time for your teens to learn how to manage money, while still under a watchful eye and careful guidance. Let LCFCU provide them with a Visa credit card. You’ll save headaches and heartaches before they go off to campus where many attractive credit card offers stand ready to help them get in financial hot water. Avoid all that now. Contact our loan staff and get ahead of the college credit curve today.
Apply today!
 Through August 31, get a $100 gas fill-up card with your new-to-you vehicle from Enterprise. A great selection of fuel-efficient models to choose from AND fantastic
auto loan rates at LCFCU …see “25 Ways” below and get in the driver’s seat now.
Apply today
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 #1 Nothing saves more money at the pump than a fuel-efficient car!
If it’s time to trade or buy another vehicle, nothing saves more on the cost of your purchase than a vehicle loan from LCFCU. Rates still start under 4.0% APR* Ask any loan staff member about the other benefits of borrowing from us. Apply now.
And, follow as many of the following tips as you can to save even more.
2. Make sure your air filter is clean
3. Keep your tires filled with the right amount of air
4. Keep your clutch adjusted
5. Have enough - and clean - engine oil in your car
6. Use your air conditioner sparingly
7. Remove heavy objects from the car
8. Choose routes with the flattest terrain and fewest stops
9 Remove unused racks to make your car aerodynamic
10 Keep windows closed at high speeds
11. Avoid stop and go traffic
12. Bike, walk, or use public transportation
13.Turn the car off rather than idle
14. Don't warm up new cars - most don't need it
15. Avoid traveling at fast speeds in low gears
16. Drive the speed limit
17. Use cruise control on the open road, when safe
18. Use downward slopes to your advantage
19. Accelerate slowly when leaving a stop light
20. Buy regular unleaded gasoline--most cars are built for it
21. Don't rev your engine
22. Use car pools to share the cost of gas
23. Use a navigation system to avoid getting lost
24. Use your navigation system to avoid getting lost and wasting gas
25 Run all your errands in one trip
 Your Credit Union is excited to be partnering again with the Library of Congress in this year’s National Book Festival on Saturday, September 27 from 10 am to 5 pm..
Our financial literacy friend Sammy Rabbit will join us again in the Let’s Read America pavilion with performances and activities for children and their families. Sammy will also stroll festival grounds with information about our exhibit. LCFCU is listed under sponsors and supporters on the National Book Festival web site www.loc.gov/bookfest.
LCFCU is honored to participate actively in this important event sponsored by the Library of Congress to promote literacy and a love of reading. We are especially focused on helping to promote the importance of “financial literacy for families”. It is a huge part of our mission. We hope to see you on the National Mall on September 27.
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