Explore current rates on checking, savings, individual retirement accounts (IRAs), and share certificates! See for yourself why dividends make the difference when selecting a credit union like La Capitol for your checking and savings accounts. Click a product to browse current rates.
| Checking Accounts | |||||
|---|---|---|---|---|---|
| Annual Percentage Yield | Minimum Opening Balance | Minimum Required Balance to Avoid Low Balance Fee | Dividend Compounded and Credited | Minimum Required Balance to Earn Dividends | |
| Liquid Assets Checking | 0.10% | $2,500.00 | $2,500.00 | Monthly | $2,500.00 |
| Choice Checking | 4.25%1 | $50.00 | $1,000.00 2 | Monthly | NONE 1 |
| Choice Plus Checking | 4.25%1 | $50.00 | $1,000.00 2 | Monthly | NONE 1 |
1 APY = Annual Percentage Yield. La Cap Checking (Share draft) Accounts are variable rate accounts. La Cap may change the dividend rate for your account as determined by the credit union Board of Directors. Dividends are posted and compounded monthly. Minimum balance $1,000.00. Applicable fees and conditions could reduce the earnings on your account. Qualification to earn dividends: - 15 (Choice) or more posted non-ATM debit card transactions per month: - 4.25% APY on balances up to but not exceeding $3,000 - 2.00% APY on balances over $3,000 and up to but not exceeding $10,000 - 0.10% APY on balances exceeding $10,000. If qualification stated is not met: - 0.10% APY on entire balance. Must meet criteria for opening a checking account.
2 La Cap Choice (Share Draft) accounts have a minimum balance requirement of $1,000.00 and a low balance fee of $8.00. If average daily balance drops below $1,000.00, a low balance fee of $8.00 will be assessed. Low balance fee will be waived if the following condition is met during that same month: - 15 (Choice) posted non-ATM debit card transactions per month.
| Savings Accounts | |||||
|---|---|---|---|---|---|
| Annual Percentage Yield | Minimum Opening Balance | Minimum Required Balance to Avoid Service Fee | Dividend Compounded and Credited | Minimum Required Balance to Earn Dividends | |
| Regular Savings | 0.10% | $5.00 | $100.00 1 | Monthly | $100.00 |
| Special Savings | 0.10% | $100.00 | $100.00 | Monthly | $100.00 |
| Christmas Club Savings | 0.10% | $25.00 | $100.00 | Monthly | $100.00 |
| Vacation Club Savings | 0.10% | $25.00 | $100.00 | Monthly | $100.00 |
| Elite Saver Savings 2 | 0.20% | $100.00 | $5000.00 | Monthly | $5000.00 |
| Coverdell Education Savings | 0.25% | $0.00 | --- | Monthly | --- |
1 The monthly service fee on regular savings accounts is waived if there is an active loan account or certificate account.
2 Account available only to members who have Choice Plus, Choice or Liquid Assets Checking account.
| Traditional & Roth IRA | APY1 | APY with La Cap Checking2 | Min. Opening Balance | Dividend Credited | Term | Min. Balance to Earn Dividends |
|---|---|---|---|---|---|---|
| Certificate Account | 0.40% | 0.90% | $5,000.00 | Monthly | 2 Years | $5,000.00 |
| Certificate Account | 0.45% | 0.95% | $20,000.00 | Monthly | 2 Years | $20,000.00 |
| Floating Rate Account | 0.25% | 0.25% | $0.00 | Monthly | --- | --- |
| Bonus IRA Account3 | 5.00% | --- | $0.00 | Monthly | Dec. 31 of contribution year | --- |
1 APY = Annual Percentage Yield.
2 Receive an additional 0.50% Annual Percentage Yield (APY) on share certificates if you have a La Capitol checking account. Additional 0.50% APY remains in effect for term of share certificate as long as checking account is open. If checking account is closed, the additional 0.50% will be removed from the certificate. Offer subject to change without notice.
3 Effective 1/2/2019. Bonus IRA is a term share account. La Cap may change the dividend rate for your account as determined by the credit union Board of Directors. The APY is available on new contributions made to your account this year. The maturity date is December 31, of the year the contribution was made. No minimum balance is required to open a Bonus IRA account or to obtain the disclosed APY. IRA rollovers from another financial institution or retirement plan do not qualify for this special IRA Plus rate. Dividends earned are posted and compounded monthly. Applicable fees and conditions could reduce the earnings on your account. Substantial penalties for early withdrawal.
