As of 5-23-25
Overview: Based on the activity in your LAFCU business account, you can earn credits that help reduce the fees you incur each month. These credits are calculated based on your average daily balance.
Earn Credits: For every month, you earn credits at a rate of 0.17% on your average daily balance.
Offset Fees: Credits can be used to offset the monthly costs associated with your business account.
Example: If your average daily balance is $10,000 you would earn $17 in credits for that month (0.17% of $10,000)
Important Details: Credits Do Not Roll Over, any credits earned in a given month must be used withing that month. They do not carry over to the next month. Not Interest or Dividends, these credits are specifically for offsetting fees and should not be confused with interest or dividends earned on your account balance. Rate May Change, the rate at which you earn credits may change at the discretion of LAFCU. It’s important to check the current rate. For more details, please speak with a LAFCU member services representative.