Skip nav to main content.
LAPFCU Logo

Share Certificates

Sharing is caring

Open Now
  • The safest investment

    A Share Certificate is one of the safest investments you can make, with a guaranteed rate of return. The longer you are willing to leave your money untouched, the more interest you’ll earn. Plus, get a 0.25% APY* dividend bonus when you qualify for our Member Benefits program.

    • Better interest rates for higher balances
    • Federally insured up to 250,000
    • Flexible terms—from three months to five years
    • IRA Share Certificates also available

     

  • Rates

    Term Share Certificates – Member Benefit Rates

    Term**Regular $500 - $49,999
    Dividend Rates / APY*
    Jumbo $50,000 - $99,999
    Dividend Rates / APY*
    Super Jumbo $100,000+
    Dividend Rates / APY*
    3 months (90 – 179 days) 0.40% / 0.40% 0.45% / 0.45% 0.50% / 0.50%
    6 months (180 – 364 days) 0.60% / 0.60% 0.65% / 0.65% 0.70% / 0.70%
    1 year (365 – 729 days) 0.84% / 0.84% 0.89% /0.89% 0.99% / 0.99%
    2 years (730 – 1094 days) 1.04% / 1.04% 1.09% / 1.10% 1.14% / 1.15%
    3 years (1095 – 1459 days) 1.09% / 1.10% 1.14% / 1.15% 1.19% / 1.20%
    4 years (1460 – 1824 days) 1.14% / 1.15% 1.19% / 1.20% 1.24% / 1.25%
    5 years (1825 – 2189 days) 1.19% / 1.20%1.24% / 1.25% 1.29% / 1.30%

    EFFECTIVE RATE DATE: August 6, 2020
    TERM SHARE CERTIFICATES: Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details. All Rates and Terms are subject to change without notice.

    *APY = Annual Percentage Yield.
    **Rate bonus is applicable for new and renewing Share Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If you qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.




    Youth Term Share Certificates – Member Benefit Rates

    Youth Share Certificates Dividend Rate / APY*
    6 months (180 – 364 days) 0.60% / 0.60%
    1 year (365 – 729 days) 0.84% / 0.84%

    EFFECTIVE RATE DATE: July 16, 2020

    YOUTH TERM SHARE CERTIFICATE – $100.00 minimum to open. Early withdrawal penalties may apply. Ask for complete details.

    The Dividend Rate and APY for each Youth Share Certificate Account are set forth above. The Dividend Rate and APY on all Term Share Certificates are subject to change at any time, as determined by the Credit Union’s Board of Directors. If a Term Share Certificate Account were opened, the applicable Dividend Rate and APY set forth above would be paid for the length of the term listed for such account. All Rates and Terms are subject to change without notice.

    *APY = Annual Percentage Yield.


    IRA Term Certificates- Member Benefit Rates

    Term Regular $500 - $49,999
    Dividend Rate / APY*
    Jumbo $50,000 - $99,999
    Dividend Rate / APY*
    Super Jumbo $100,000+
    Dividend Rate / APY*
    6 months (180 – 364 days) 0.60% / 0.60% 0.65% / 0.65% 0.70% / 0.70%
    1 year (365 – 729 days) 0.84% / 0.84% 0.89% / 0.89% 0.99% / 0.99%
    2 years (730 – 1094 days) 1.04% / 1.04% 1.09% / 1.10% 1.14% / 1.15%
    3 years (1095 – 1459 days) 1.09% / 1.10% 1.14% / 1.15% 1.19% / 1.20%
    4 years (1460 – 1824 days) 1.14% / 1.15% 1.19% / 1.20% 1.24% / 1.20%
    5 years (1825 – 2189 days) 1.19% / 1.20% 1.24% / 1.25% 1.29% / 1.30%

    EFFECTIVE RATE DATE: August 6, 2020
    IRA TERM CERTIFICATES – Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details. Rates are subject to change.

    *APY = Annual Percentage Yield.
    **Rate bonus is applicable for new and renewing IRA Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If You qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.



  • FAQS

    What is the minimum opening deposit?

    The minimum opening deposit for a Share Certificate is $500.

    For a Jumbo Certificate, it is $50,000 and for a Super Jumbo Certificate, it is $100,000.

    Can I make additional deposits on this account?

    Deposits are restricted until the certificate matures (e.g. until the term is over).

    What are the rules for withdrawals?

    Interest can be paid out monthly. There is a dividend penalty if a member withdraws any principal prior to maturity. Early withdrawal penalties do not apply to withdrawals made after the death of any owner of the account.

    Help

    For more information, or if you have questions, please get in touch with us.

    Contact Us

Ready to get started?

To open, log in to PATROL Online Banking, or give us a call at (877) 695-2732.

Open Now

Questions? Call us 877-695-2732

Disclosures

*APY = Annual Percentage Yield. Minimum opening deposit for a regular share certificate is $500. Early withdrawal penalties may apply. Ask for complete details.