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Share Savings
LGE’s share savings account is a basic savings account used to establish membership at the credit union, while allowing you to earn dividends on your balance.
- $5 minimum deposit to open and maintain the account
- Federally insured up to $250,000
- No monthly maintenance fees when account is active
- Earns dividends – click here for current rate
- Free eStatement option for greater security
- Easy account access through debit cards, Memberline (24-hour automated phone banking system), online and mobile banking, and at any LGE location
A $5 minimum balance is required to maintain a Membership (Base) Savings Account. Fees can reduce earnings on accounts. Dividends are variable and are subject to change after the account is opened.
Special Savings
We offer special savings accounts as a way to save for something specific, such as the holidays, a vacation or a new car.
Once the account is opened, you can change the description of this account — for example, “Jennifer’s Wedding.”
- No minimum balance requirement
- Access in person, by mail, Memberline (24-hour automated phone banking system), online banking or mobile Banking.
- To help save money faster, consider setting up an automatic transfer or payroll deduction to be deposited directly into the account
- Earns dividends – click here for current rate
- Federally insured up to $250,000
- eStatement option for greater security
Fees can reduce earnings on accounts. Dividends are variable and are subject to change after the account is opened.
Custodial Savings
Custodial savings accounts allow you to save money in your child’s name, while maintaining full control over the account.
By opening accounts for your children while they are growing up, you teach them how to save money and to grow into financially savvy adults.
- $5 minimum deposit to open and maintain the account
- Access in person, by mail, Memberline (24-hour automated phone banking system), Online Banking or Mobile Banking
- To help save money faster, consider setting up an automatic transfer or payroll deduction to be deposited directly into the account
- Earns dividends – click here for current rate
- Federally insured up to $250,000
- eStatement option for greater security
A $5 minimum balance is required to maintain a Custodial Savings Account. Fees can reduce earnings on accounts. Dividends are variable and are subject to change after the account is opened.
Learn More about Savings Accounts
Savings accounts are limited to 6 withdrawals per month as required by Regulation D. Examples of transactions that are limited to 6 include, but are not limited to, checks, Online Banking transfers and telephone transfers.
Electronic Funds Transfers
Find more information on electronic funds transfers under Regulation E.