Share Savings

Share Savings

Each LBS Financial Credit Union member must open a Share Savings* account to obtain lifetime membership. The minimum opening balance is $5 and there is a $1 membership fee. If qualified, you may receive an ATM card to gain automated access to this account.

Features

  • Dividends based upon two tiers:
    • Below $100 average daily balance
    • $100 and above average daily balance
  • Quarterly statements, unless you have ACH or ATM activity associated with this account and then you would receive a monthly statement
  • Your funds are insured up to $100,000 by a Federal Government agency (NCUA)
  • ATM Card upon request **

* Share Savings accounts are governed by Government Regulation D, limiting the number of withdrawals and deposits to your account each month. ** May require qualification


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