Share Account

A Share Account is the foundation of your LGFCU membership. Similar to a savings account, credit unions call it share because by having this account each member owns a share of the Credit Union.

• Minimum deposit to open and balance is $25.00.
• Dividends are compounded daily and paid monthly.
• Dividend rate is set by the Board of Directors and is subject to change daily.
• Funds can be accessed using a CashPoints ATM.
• Can be used as collateral on other LGFCU loans.
• If balance drops below $25.00 on the statement cutoff date, a $1.00 service charge is assessed except on Fat Cat Account.
• NCUA insured.

LGFCU also has special Share Accounts for various life stages:

• Fat Cat Accounts for children 12 and under.
• Zard Account for teens ages 13 to 19.
• Golden Circle Account for members 50 years and older.
  

Select your account ownership

When you open a Share Account, you must choose who will have access to the funds and be accountable for taxes and other ownership responsibilities. The following types of ownership are available:

• An Individual Account is in the name of one individual member of the Credit Union.
• A Joint Account is owned by joint members with the right of survivorship.
• A Payable Upon Death Account will release only to a designated beneficiary(s).

Enjoy the benefits of credit union membership!

• Call the Contact Center at 888.732.8562
• Visit your local branch