Business Savings and Checking |
| Account |
Minimum Deposit to earn APY |
Rate |
APY |
Regular Savings*
($5 to open, $25 min. balance to avoid fee) |
$100 |
.25% |
.25% |
| Extra Savings* |
$100 |
.25% |
.25% |
| Business Value Checking** ($1,000 aggregate min. balance to avoid fee) |
|
N/A |
N/A |
| Business Advantage Checking** ($2,000 aggregate min. balance to avoid fee) |
$2,000 |
.25% |
.25% |
*Maintenance or activity fees could reduce the earnings on this account.
**Aggregates all business savings, checking, and money market account balances under one account number. |
Business Money Markets |
Basic Business Money Market
($2,000 to open) |
$2,000 |
.35% |
.35% |
Advantage Business Money Market
($5,000 to open) |
Tier 1: $15,000 & over |
.50% |
.50% |
| Tier 2: $5,000 - $14,999.99 |
.35% |
.35% |
Premium Business Money Market
($25,000 to open) |
$25,000 |
.70% |
.70% |
Platinum Business Money Market*
($75,000 to open and maintained to avoid fee. Active Business Advantage Checking account is 4 or more transactions per month.) |
Tier 1: $75,000 and over
with active Business Advantage Checking |
.90% |
.90% |
Tier 2: $75,000
without active Business Advantage Checking |
.30% |
.30% |
| Tier 3: $99.99-$74,999.99 |
.20% |
.20% |
| *Maintenance or activity fees could reduce the earnings on this account. |
Business Share Certificates* |
| Account |
Term |
Rate |
APY |
| ($1,000 to open) |
3 month |
.30% |
.30% |
| 6 month |
.35% |
.35% |
| 1 year |
.70% |
.70% |
| 18 month |
.90% |
.90% |
| 2 year |
1.00% |
1.00% |
| 3 year |
1.20% |
1.20% |
Rate bonuses up to .30% are available on new certificates for accounts at the Advantage, Premium or VIP levels of the VIP Rewards program. The rate on any share certificate may be bumped up to LCU's current rate offered on the same term once during the term of the certificate.
*A substantial penalty may be imposed for early withdrawal. Maintenance or activity fees could reduce the earnings on these accounts.
APY is Annual Percentage Yield. Full disclosures available upon request. Lakeview Credit Union is federally insured by the National Credit Union Administration (NCUA). |
