In these topsy turvy times, saving money safely never goes out of style. With a Leominster Credit Union Savings Account, you get today’s services and choices…with yesterday’s safety and stability. Check out our options below or ask a Member Service Representative to help you choose the savings program that’s right for you.
 |
Regular Savings Accounts |
- $25 minimum balance to open and to earn interest
- Convenient banking by mail
Statement Savings Account
- Allow six preauthorized withdrawals or transfers per statement cycle
- Deposit or withdraw your funds 24/7 with your Quick Cash Plus VISAŽ Check Card
- Receive a simple monthly statement with your transactions
- No waiting in line to update your passbook
Passbook Savings Account
- Deposit or withdraw your funds at any LCU office with your passbook
- Your passbook supplies a complete record of your transactions
- Use your passbook as collateral to apply for a loan
|
A+ Savings |
- A special statement savings account offered to young adults under the age of 22
- No minimum balance
- No monthly service charges
- A great way to start saving for the future
|
Premium Savings Account |
- Combines the higher return of a CD with the flexibility of a savings account
- Must be linked to an LCU checking account
|
Premium Money Market Account |
- $1,000 minimum to open and to avoid $5 monthly service fee
- Tiered interest rates
- Six preauthorized transfers or withdrawals per statement cycle
- Limited monthly check writing (3 per statement cycle)
|
Holiday Club Account |
- Choose from $5 or any regular contribution amount
- Earn dividends for balances of $25 or more
- No fees
- Club deposits can begin anytime
- Funds are available in November
|
Vacation Club Account |
- Earn dividends for balances of $25 or more
- No fees
- Funds are available at any time
|
U.S. Savings Bonds |
- Always a great way to save for college or retirement
- Safe investment with competitive yields
- Federally tax-deferred and exempt from state and local taxes until they are redeemed
- Series EE Bonds available in denominations from $50-$10,000 and can be purchased
at half their face value
|
Sterling Set |
- A special savings account with many benefits offered only to members 55 years of age and older.
- Annual Percentage Yield (APY) on your Sterling Set savings account guaranteed
to be higher than LCU’s regular savings accounts (with balance greater than $2000)
- Optional Hands-Free Checking account with no monthly service charges or per check charges. The only requirement is a regular recurring direct deposit to your account, like your Social Security check.
- Available as Passbook or Statement account
- FREE Traveler’s Cheques
- FREE Money Orders and Treasurers Checks (limit two per month)
- FREE Notary Service
- FREE Pre-addressed Bank-by-Mail Envelopes
- FREE Wire Transfer Service (for wires within the U.S.)
- 3"x5" Safe Deposit Box with no fee for the first year and 30% discount thereafter
- Daily balances below $2,000 will earn the regular savings dividend rate
for that day. APYs are variable and subject to change.
Rates are subject to change.
Fees may reduce earnings on accounts.
* Interest paid on all balances over $25
** Transaction limitations apply
