Dividend Savings Accounts

Labor Management FCU members open a savings account at the same time they join; by doing this, you share in the privilege of owning your Credit Union. We offer two types of savings accounts: Primary Share Accounts and Club Accounts. Both accounts offer a secure, stable way to save money and earn monthly dividends. Dividend rates are declared on the first of each month.

 

Term Share Certificates

Term Share Certificates (CDs) combine the safety of insured funds with a greater earning potential than a savings account.

  • Term Share Certificates range from 6 to 63 months for fixed rates.
  • For 6 to 60 months there is a $500 minimum balance required.
  • For a 21 and 63 month term, there is a $10,000 minimum balance required.
 

Table

Term in MonthsMinimum BalanceAnnual Percentage Rate (APR)
6$5000.40%
12$5000.80%
18$5000.85%
21 Special Jumbo$10,0001.50%
24$5000.90%
36$5001.05%
60$5001.750%
63 Special Jumbo$10,0002.250%
 
 
 
 

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