As of 1-26-23
Read about new developments with your local credit union, as well as current promotions, in the latest LAFCU Member Newsletter.
Reward yourself with a 4% APY* share certificate for 14 months after opening it from 11/17/22 to 1/31/23. Opening deposit minimum is $500 and maximum is $1,000,000. The funds must be “new money only,” meaning the funds must be deposited in your LAFCU account within 30 days prior to the date you open the certificate.
When the certificate matures, it automatically renews to our Regular 12 to 23-month Share Savings Certificate at the rate in effect at maturity. To open a Certificate, call us during business hours at (877) 695-2328 or visit a branch.
*APY = Annual Percentage Yield for this Share Savings Certificate (Certificate) promotion. After the Certificate is opened, term is 14 consecutive months, Dividend is 3.925%, and APY is 4.00%. The minimum opening deposit per certificate is $500 and the maximum is $1,000,000. A Los Angeles Federal Credit Union (LAFCU) member can open multiple Certificates if the opening balance of each one is between $500 to $1,000,000. This Certificate (called a Certificate of Deposit, or CD, at other financial institutions) can only be opened at LAFCU from November 17, 2022 to January 31, 2023, and this offer is subject to change or may be discontinued without notice. The APY projects a rate if the dividends remain on deposit for one year and are not withdrawn on a certificate opened at $100,000. The actual APY will be calculated to three decimal points. Substantial penalty for early withdrawal and no additional deposits allowed after the Certificate is opened. Fees may reduce earnings. Offer applies to “new money only,” which are funds deposited in your LAFCU account within thirty (30) days from the date the Certificate was opened. Only LAFCU members have access to our services, including Certificates. When this Certificate matures, it will automatically renew for another 14-month term at the rate in effect at maturity for our Regular 12 to 23-month Share Savings Certificate.
Maximize your savings with a high-rate share certificate. Ask us about our special rates and we will help you find the best certificate to increase your earnings in the new year.
To open a Certificate, call us during business hours at (877) 695-2328 or visit a branch.
LAFCU will hold its Annual Meeting to announce the 2023 Board of Directors’ election results on March 28, 2023 at 4:00pm at our Glendale corporate office and/or via a live video conference. For more information on the election and meeting, including how to run for a board position or get appointed to a Board Committee, READ the Board Election article on pages 2 and 3 in the October 2022 Inside LAFCU newsletter.