Checking LUSO Federal Credit Union 2017-04-10 10:47:36 Not Assigned
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Investment Rates Effective as of August 14, 2017. Rates are subject to change without notice.

SHARE DRAFT ACCOUNT PRODUCTS

 

“CLASSIC” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$500.00Unlimited0.05%0.05%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– Includes FREE Basic Checks for life; Restrictions apply! FREE Debit Card through SUM Program with REWARDS Score Card.


“SMART START” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$500.00N/A0.25%0.25%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– Includes FREE Basic Checks for life; Restrictions apply! FREE Debit Card through SUM Program with REWARDS Score Card.
– ATM Fees Waived up to a Maximum $25.00 per Month while an active high school student with a parent or legal guardian as a co-signer or college student up to age 24; upon reaching the age limit of 24, the account will automatically convert to a “Rewards” Share Draft Checking account.
– Requires FREE eStatement processing.


“SECURE” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$500.00N/A0.05%0.05%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– Includes FREE Basic Checks for life; Restrictions apply! FREE Debit Card through SUM Program with REWARDS Score Card.
– $3.95 Monthly Maintenance Fee INCLUDES: $5,000 Accidental Death/Dismemberment Insurance per Account; Travel Assistance Service; Identity Theft Restoration Service
– Requires FREE eStatement processing.


“PREFERRED” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$500.00N/A0.10%0.10%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– Includes FREE Basic Checks for life; Restrictions apply! FREE Debit Card through SUM Program with REWARDS Score Card.
– $6.95 Monthly Maintenance Fee INCLUDES: $10,000 Accidental Death/Dismemberment Insurance per Account; Travel Assistance Service; Identity Theft Restoration Service; Merchant Discount “EasySaver” Program
– Requires FREE eStatement processing.


“REWARDS” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Tier"Rewards" Dividend RateAPYNON "Rewards" Dividend RateAPY
Up to the first $25,000.001.49%1.50%0.05%0.05%
Remaining balances over $25,000.000.49%0.50%0.05%0.05%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– “REWARDS” dividend rate qualifies with (12) debit transactions per statement cycle; a minimum of (1) direct deposit and/or ACH withdrawal per statement cycle; and, eStatement monthly electronic delivery.
– Includes FREE Basic Checks for life; Restrictions apply! FREE Debit Card through SUM Program with REWARDS Score Card!
– “Rewards” Share Draft Checking qualification will reimburse up to $25.00 in acquired ATM fees per month.
NOTE: If account fails to meet the ”Rewards” Share Draft Checking qualifications for 3 consecutive months, account will be automatically transferred to the Classic Share Draft Checking.


“60 PLUS” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$500.00Unlimited0.05%0.05%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– Member MUST be 60 years of age or older to qualify.
– Includes FREE Basic Checks for life! Restrictions apply.
– Includes FREE Bank Checks and Money Orders.
– Includes FREE Debit Card through SUM Program with REWARDS Score Card.


“ORGANIC” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$500.00Unlimited0.10%0.10%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– Includes FREE Online Banking and Bill Payer access.
– Requires FREE eStatement processing.
– Includes FREE Debit Card through SUM Program with REWARDS Score Card.


“SECOND CHANCE” SHARE DRAFT CHECKING $10.00 Minimum Deposit

Minimum TierMaximum TierDividend RateAPY
$200.00Unlimited0.10%0.10%
– APY: Annual Percentage Yield / Fees may reduce earnings on the account.
– A $10.00 monthly fee is assessed for this account.
– Requires FREE e-Statement processing.
– Requires Direct Deposit.
– Includes FREE Basic Checks for life; Restrictions apply! FREE Debit Card through SUM Program for ATM transactions only!
– Includes FREE Online Banking and Bill Pay access.
– This account is not eligible for Credit Union funded overdraft protection services.
– A request for transfer to another share draft checking account will be considered after 12 months based on a review of the account.