Investment Savings

Share/IRA Certificates

When you invest in credit union Share Certificates, you get more than a high yield. Unlike other financial institutions, credit union earnings are returned to our members in the form of lower interest loans, convenient free services and new products. It makes sense to invest at your Credit Union. 

  • $500 minimum deposit and balance

  • Terms from 3 to 60 months

  • Dividend period is based on the term of the certificate

  • Dividends credited and compounded monthly

The annual percentage yield is based on the assumption that dividends will remain in the account until maturity. Penalties for early withdrawal apply and may reduce earnings.

IRA, Roth Contributory IRA and Roth Conversion IRA

  • No minimum balance

  • Monthly dividend period

  • Dividends credited and compounded monthly

  • Average daily balance computation method

IRS rules and regulations apply to eligibility. Ask your tax advisor for possible tax benefits. IRAs are insured separately by the NCUA up to $250,000. The payment of dividends is based on the available current and undivided earnings of LVECU. Regulations prohibit dividends in excess of available earnings.

Money Market Accounts

Money Market Shares allow you to earn higher dividends without losing accessibility to your funds. These funds are federally insured by the National Credit Union Administration (NCUA) up to a total of $250,000 for all shares. This is the maximum amount allowed by law.

Benefits & Features:

  • No minimum balance

  • $2,500 minimum balance to earn disclosed APY

  • Dividends credited and compounded monthly

  • Deposits can be made at anytime