Basic Passbook or Statement Share Account

Simple savings solution - choose a passbook or statement account.

  • $5.00 minimum deposit
  • FREE Online Banking and Bill Payer access
  • FREE Mobile Banking with Mobile Deposit
  • Access to surcharge-free SUM® and MoneyPass® ATMs
  • Monthly limit of six electronic withdrawals

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on the account. Minimum balance will earn APY. Rate may change after account opening.

Statement Share Account includes FREE Debit Card through SUM Program with REWARDS Score Card / ATM Card also available.

Advantage Statement Share Account

Higher account balances provide you with an increased dividend rate.

  • $50,000 minimum deposit - balances below this minimum assessed a $25.00 monthly service charge
  • Requires eStatement processing and an active share draft account
  • FREE Online Banking and Bill Payer access
  • FREE Mobile Banking with Mobile Deposit
  • Access to surcharge-free SUM® and MoneyPass® ATMs

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on the account. Minimum balance will earn APY. Rate may change after account opening.

Requires eStatement account processing. Advantage Share Account requires an ACTIVE share draft account.

Balances below $50,000.00 are assessed a $25.00 monthly service charge.

Includes FREE Online Banking and Bill Payer access.

Requires FREE eStatement processing. FREE Debit Card through SUM Program with REWARDS Score Card.

Solar Statement Share Account

Monthly eStatements keep you up-to-date while helping protect the environment.

  • $5.00 minimum deposit
  • Requires eStatement processing
  • FREE Online Banking
  • FREE Mobile Banking with Mobile Deposit
  • Access to surcharge-free SUM® and MoneyPass® ATMs

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on the account. Minimum balance will earn APY. Rate may change after account opening.

Includes FREE Online Banking and Bill Payer access.

Requires FREE eStatement processing. FREE Debit Card through SUM Program with REWARDS Score Card.

Credit Builder Statement Share Account

Secured funds are retained as collateral for the life of the Credit Builder loan, helping you to establish or reestablish credit.

  • $500 minimum deposit
  • Loan secured funds are released upon the successful completion of the loan terms and regular timely payments

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on accounts. Minimum balance will earn APY. Rate may change after account opening.

Credit Builder loan secured funds are retained as collateral for the life of the Credit Builder loan; loan secured funds are released upon successful completion of the loan terms and regular timely payment.

Savings Is Fun Statement Share Account

A savings option designed for our younger savers.

  • $5.00 initial deposit
  • Account automatically converts to a L-U-S-O Statement Share Account when account holder reaches age 12.

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on the account.

L-U-S-O Statement Share Account

This account offers increased financial flexibility for students entering middle school or higher grades.

  • $5.00 minimum deposit Requires eSatement processing*
  • Access to surcharge-free SUM® and MoneyPass® ATMs
  • FREE Mobile Banking with Mobile Deposit**

* Student accounts are excluded from this requirement.

**Age qualification applies.

Effective Date: Sunday, December 9, 2018

***APY: Annual Percentage Yield. Fees may reduce earnings on the account.

Requires e-statement account processing. School banking accounts are excluded from this requirement.

Includes FREE Debit Card through SUM Program with REWARDS Score Card; age qualification applies.

IRA Statement Share Account

Complement your retirement savings plan.

  • $5.00 minimum deposit
  • Interest withdrawals are penalty-free
  • Annual contribution limits apply
  • $250 minimum balance to earn dividends

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on the account.

Annual contribution limits apply.

Interest withdrawals are penalty free.

Club Accounts

Set money aside for the holidays, vacations, or other life expenses.

  • $1.00 minimum deposit
  • Set your weekly savings amount
  • Holiday club accounts may be opened annually from mid-October to December 31.

Effective Date: Sunday, December 9, 2018

*APY: Annual Percentage Yield. Fees may reduce earnings on the account.

For holiday club accounts, withdrawals prior to the end of the club year may result in account closure by LUSO.