| *Options to avoid the monthly service fee on Regular Checking: Have a minimum average daily balance of $500.00 OR have a combined average balance of at least $1,500.00 across all qualifying shares including: Membership Share, Regular Share, Money Market, Share Term Certificate (STC), Retirement Account (IRA) or Holiday Share, OR set up Direct Deposit of $500.00 or more each month, OR make at least 15 debit card transactions per month. | | **Options to avoid the monthly service fee on Business Basic Checking: Have a minimum average daily balance of $500.00 OR pair with a Business Money Market Account OR Combine average daily balance of $15,000 or more across all LCCU business accounts |
| ***Average Daily Balance is calculated by adding each day’s ending balance during the fee period and dividing it by the number of days. |
| Regular Checking | This is a convenient account with no minimum initial deposit. It also offers fee waiver options* to help you avoid the monthly maintenance fee. | $500 minimum average daily balance*** | A $5 monthly maintenance fee will be charged if one of the fee waiver options* is not met.
|
| Cash Account | The best account for travelers or those looking to send money abroad. Just deposit some money, whenever you are ready to use it. | N/A | $2 monthly maintenance fee
|
| Business Basic Checking | This account combines easy access to your funds with the benefit of earning interest. It also offers fee-waiver options that can eliminate the applicable monthly maintenance fee**. Additionally, a certain number of free transactions per month are included. A minimum initial deposit of $100 is required. | $500 minimum average daily balance***
| $10 monthly maintenance fee
|
| Youth Checking | The perfect starter checking account for teens ages 13 to 18 | N/A | No maintenance fee or minimum balance required |
