Los Angeles Federal Credit Union (LAFCU) is pleased to offer a special “Reward Yourself” share savings certificate at 4.00% APY* for 14 months. It can be opened with a balance of $500 to $1,000,000 from 11/17/22 to 1/17/23. The funds must be “new money only,” meaning the funds must be on deposit in your LAFCU account within 30 days of the date the certificate is opened. When this Certificate matures, it automatically renews for another 14-month term at the rate in effect at maturity for our Regular 12 to 23-month Share Savings 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. 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 17, 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 The APY projects a rate if the dividends remain on deposit for one year and are not withdrawn on a certificate opened at $100,000.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 at LAFCU 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.