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Printable Checking and Savings Rates

Table data for Checking and Savings Rates
 Effective 7/1/2023
Minimum to Open and Earn APY Dividend Rate Annual Percentage
Yield (APY)		 Alert Me
Checking1 Alert Me
High Rewards Checking2 up to $25,000.00 3.928% 4.00%
High Rewards Checking $25,000.01 or > 0.095% 0.10%
Simply Checking n/a 0.00% 0.00%
Savings Accounts3 Alert Me
Membership (Base) / Custodial / Special $100.00 0.399% 0.40%
$25,000.00 0.698% 0.70%
$100,000.00 0.996% 1.00%
Youth4 $5.00 - $1,000.00 1.490% 1.50%
$1,000.01 0.499% 0.50%
$25,000.00 0.748% 0.75%
$100,000.00 0.996% 1.00%
Young Adult5 $5.00 - $1,000.00 2.960% 3.00%
$1,000.01 0.499% 0.50%
$25,000.00 0.748% 0.75%
$100,000.00 0.996% 1.00%
Money Market6 $2,500.00 0.996% 1.00%
$10,000.01 1.144% 1.15%
$25,000.01 1.391% 1.40%
$50,000.01 1.736% 1.75%
$100,000.01 1.982% 2.00%
$250,000.01 2.227% 2.25%
$500,000.01 2.716% 2.75%
IRA Savings $100.00 0.399% 0.40%
$25,000.00 0.698% 0.70%
$100,000.00 0.996% 1.00%
  • 1SPLIT RATE: Our High Rewards Checking account is paid dividends based on a split rate tier structure and the account's average daily balance for the month. These two calculations are combined to provide an APYE (Annual Percentage Yield Earned) for your monthly dividend. This combined APYE is shown on your statement as a split rate. If requirements for High Rewards Checking are not met for the dividend period, it will become a non-dividend bearing account. Dividends on checking accounts are variable and are subject to change after the account is opened. Dividends are compounded monthly on all deposit accounts, unless elected to transfer or withdraw dividends prior to compounding. Fees can reduce earnings on accounts.↵
  • 2Rate and Annual Percentage Yield (APY) paid provided the qualifications are met; otherwise you do not earn dividends that month. The rate is only paid on balances up to $25,000. A lower rate will be paid on balances over $25,000. See High Rewards Checking for details.↵
  • 3A $5 minimum balance is required to maintain a membership (base) savings account, custodial savings account, or youth savings account. APY refers to Annual Percentage Yield. Fees can reduce earnings on accounts. Dividends on savings, IRA savings, money market accounts, and checking accounts are variable and are subject to change after the account is opened. Dividends are compounded monthly on all deposit accounts, unless elected to transfer or withdraw dividends prior to compounding.↵
  • 4Youth savings accounts are available to members through age 17 and are limited to one account per person. Balances over $1,000 earn at a lower rate.↵
  • 5Young Adult savings accounts are available to members 18 through age 22 and are limited to one account per person. Balances over $1,000 earn at a lower rate.↵
  • 6If the average daily balance falls below $2,500 for the dividend period, it will become a non-dividend bearing account. You must maintain the minimum daily balance amount of $2,500 in your account to avoid a fee as stated in our Fee Schedule.↵

If you need additional information about LGECCU accounts or other services, call our Contact Center, Monday through Friday, 8:30 AM - 5:30 PM or Saturdays 9 AM - 1 PM at 1-770-424-0060. You can check rates online at lgeccu.org.