Glendale, CA (January 15, 2025) |
Los Angeles Federal Credit Union (LAFCU) is pleased to offer a 4% APY* Share Savings Certificate for a 3-month term. Boost your savings with this limited time offer and reap the benefits. Open one with a minimum deposit of $10,000 and a maximum of $2,000,000. During the term, you can add more funds to the certificate up to the amount of your opening deposit.
The funds for this certificate 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.
To open a Certificate, call us during business hours at (877) 695-2328 or visit a branch.
Anyone who lives in the Greater Los Angeles, California Metropolitan area can join LAFCU and take advantage of its financial services. For details, visit www.LAFCU.org, call (877) MY LAFCU (695-2328), or stop by one of their branches.
*APY = Annual Percentage Yield for this Share Savings Certificate (certificate) promotion. The certificate has a 4.00% APY, a dividend of 3.923%, and a term of 3 (three) consecutive months after it’s opened. The minimum opening deposit per certificate is $10,000 and the maximum is $2,000,000. Multiple Certificates can be opened if the opening balance of each one is between $10,000 to $2,000,000. Additional funds can be deposited into the certificate after it’s opened, and the maximum additional funds are equal to the opening deposit (for example, if a certificate is opened with a $10,000 deposit, the total additional deposits can only equal $10,000 or less). This Certificate can only be opened at LAFCU starting 12/2/24. When this Certificate matures, it will automatically renew for another 3-month term at the rate in effect at maturity equal to the member’s Relationship Rewards level (Bronze, Silver, or Gold), and/or if the member is age 60+ and/ or had opened a Jumbo Certificate (over $100,000 opening deposit). This offer is subject to change or may be discontinued without notice. The actual APY will be calculated to three decimal points. The funds for the certificate 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. Only LAFCU members have access to our services, including Certificates. For more details, search “Master Disclosures” on our website & read the section “Terms & Conditions Applicable to Share Certificate Accounts.”