Luso Federal Credit Union - Checking - Share Draft - Checks - Dividend

Rates are effective as of Monday, May 5, 2008
Rates are subject to change without notice.

A Luso Federal Credit Union Share Draft Account has all the convenience of a checking account, but pays dividends like a share account.

Share Draft Accounts let you pay, save, and earn in one account.

Use Like Checks...
You can get cash, pay for purchases and pay your bills by mail - just like checks.

Earn Excellent Dividends...
You'll earn money on the unused balance in your account, as provided by our regulations.

Control Your Money...
We'll send you regular statements which detail all deposits, dividends paid and account balances. Share drafts are listed in numerical order, so it's easy for you to balance against your personal register.

Have Automatic Deposits...
Any regularly occurring government checks (like social security, for example) and many other types (insurance, dividends, etc.) can be automatically deposited to your account. You can also avoid the regular chore of cashing your paycheck by signing up for DIRECT DEPOSIT. The total net amount of your pay will be automatically deposited to your account - even if the amount varies from payday to payday. Check with your Human Resources Department for availability.

Your Money Is Insured...
All deposits are insured by an agency of the federal government up to the legal limit.

The convenience and income your share draft account offers you is an unbeatable combination.

Why not open your account today?

"CLASSIC" Share Draft Interest Checking

Minimum Balance	Dividend Rate	APY
$200.00 - Unlimited	0.50%	0.50%
• APY: Annual Percentage Yield / Fee FREE account! No minimum balance requirements. • FREE Checks for life! Restrictions apply. • Free Debit Card through SUM Program with REWARDS Score Card.

"REWARDS" Share Draft Interest Checking

Minimum Balance	"REWARDS" Dividend Rate	APY	NON "REWARDS" Dividend Rate	APY
Up to the first $100,000.00	4.00%	4.07%	0.50% / 0.50%	0.50%
Remaining Balances over $100,000.00	0.50%	0.50%	0.50% / 0.50%	0.50%
• APY: Annual Percentage Yield / Fee FREE 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; “eStatement” monthly electronic delivery; and, a minimum $10,000.00 in total combined Credit Union account balances. • FREE checks for life! Restrictions apply. • FREE Debit Card through SUM Program with REWARDS Score Card.

"60 PLUS" Share Draft Interest Checking

Minimum Balance	Dividend Rate	APY
$200.00 and over	0.50%	0.50%
• APY: Annual Percentage Yield • Member MUST be 60 years of age or older to qualify. • Free Checks for life! Restrictions apply. • "60 PLUS" qualifies for FREE Bank Checks and Money Orders. • FREE Debit Card through SUM Program with REWARDS Score Card.

"VISA" Share Draft Interest Checking

Minimum Balance	Dividend Rate	APY
$50.00 and over	1.49%	1.50%
• APY: Annual Percentage Yield / Fee FREE account! • VISA Share Draft qualifies with a minimum $500.00 VISA Classic or Platinum Credit Card balance transfer; rate guaranteed through December 31, 2007. • FREE Debit Card through SUM Program with REWARDS Score Card.

VISA Debit Card

Luso's Visa Check Card provides members with 24-hour ATM access and the ability to make purchases wherever Visa is accepted. The purchase amount is automatically deducted from your checking account and the transaction will appear on your monthly statement. Please visit Luso Federal Credit Union to apply for your card.

COMING SOON
Using your Debit Card is Easy and Rewarding!

Why?

When you use your pen instead of your PIN and sign for your debit card purchases, you:

earn valuable ScoreCard Gift and Travel awards
have the right to dispute card charges
provide another verification tool to combat fraud

How?

Using your signature is easy! Simply follow these steps:

When you are asked for your PIN number or prompted to choose "credit" or "debit", choose "credit" and sign.
Be sure to sign the sales receipt when available. In some cases, you won't need to sign a sales receipt, such as paying for gas at the pump. Just choose "credit" and you will receive the same benefits.
Now you're a step closer to choosing your next valuable award!

It's that simple. And when you use your signature for your debit purchases, you get to enjoy all the benefits that come with it- including ScoreCard Gift and Travel awards!

Check Reorder Express

Luso Federal Credit Union is happy to offer you, our member, the ability to conveniently reorder your check and accessory products online. In addition to placing your check order, you will benefit from the following additional features:
• Ability to increase check order quantity. • Select from different delivery options. • Add an accessory product to your order. • View a graphic sample of your previous check to confirm the correct check product is being reordered. • Find comfort in knowing that your personal account information is protected and will not be shared with any other company. • Enjoy a simple, fast reorder experience. Simply click HERE to proceed to Check Reorder Express.

Match Rate Policy

Luso Federal Credit Union proudly offers a new service that allows you to obtain the best rates on your savings or lending products, guaranteed. Here's How It Works: Find a better rate with one of our competing financial institutions (local area only) on any of our savings or lending products, and we will match it! Proof of authenticity is required. Some restrictions may apply. Match rate policy is contingent on management approval.

Fees may reduce earnings on the account. Please see “Fee Schedule” for more information. Unlimited FREE ATM access with a LUSO Federal Credit Union ATM and/or VISA debit card. FREE Internet Banking and Online Bill Payment Services. Please Note: Transactions at non-LUSO ATM Locations include SUM Network ATM locations. In addition, for non-LUSO non-SUM ATM transactions, the institution that owns the terminal (or the network) may also assess a fee (surcharge) at the time of your transaction, including for balance inquiries.

View Information About Your Financial Privacy Rights

View information about Substitute Checks and Your Rights