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 Checking1 | 0.10% | $2,500.00 | $2,500.00 | Monthly | $2,500.00 |
| Choice Checking2 | 4.25% | $50.00 | $1,000.00 | Monthly | NONE |
The following applies to all La Cap Checking accounts: Membership is required a Regular Savings Account with a $5.00 par balance. Checking account approval is based on the evaluation of creditworthiness. A fee of $8.00 monthly service charge for a low balance will be assessed if average daily balance requirements are not met. The $8.00 monthly service charge for a low balance is waived for members under 24 years old and have a Simple Checking account. A $2.00 monthly service charge will be assessed if paper statements are provided. The $2.00 monthly service charge for paper statements is waived for members who are under 17 years old or over 60 years old or any account enrolled to receive electronic statements (eStatements). Unless otherwise stated overdraft programs are available for additional fees please see the fee schedule for specific services and fees. Some restrictions apply. Please contact a La Cap representative for additional details.
1La Cap Liquid Asset Checking The minimum deposit to open is $2,500.00. The dividend rate is .10% accurate as of 8/2/2021 and subject to change without notice. The $8.00 monthly service charge for a low balance is waived with a $2,500.00 average daily balance in the statement period. Dividends are calculated on an average daily balance method, compounded, and credited monthly. Fees may reduce earnings.
2La Cap Choice Checking APY = Annual Percentage Yield. The minimum deposit to open is $50.00. Dividend rates are accurate as of 8/2/2021 and subject to change without notice. $8.00 monthly service charge for low balance fee is waived with $1,000 average daily balance or 15 posted, non-ATM, debit card transactions during the statement period. The $2.00 monthly service charge for paper statements is waived; and ATM fee refunds up to $25 for fees assessed at ATMs not owned by La Cap FCU with online consent to enroll in Electronic Statements (eStatements). The qualification to earn the High Yield APY disclosed is 15 posted, non-ATM, debit card transactions during the statement period. Choice Checking is a tiered rate account paying up to 4.25% APY on balances up to $3,000; 2.00% APY on balances over $3,000 to $10,000; 0.10% APY on balances over $10,000. 0.10% APY on the entire balance will apply if qualification is not met in the statement period. Dividends are calculated on an average daily balance method, compounded, and credited monthly. Fees may reduce earnings. Only one Choice Checking per membership.
| 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 |
| Youth Savings3 | 0.10% | $25.00 | $100.00 3 Fee waived for account owners under 17 years of age |
Monthly | $100.00 |
| 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.
3The minimum opening balance required is $25. At account opening, La Cap will deposit an additional $25 into the account. A balance of $100 will accrue dividends. Monthly service fees are waived for account owner's under 17 years of age. At age 17, monthly service fees apply.
| Traditional & Roth IRA | APY1 | APY with La Cap Checking2 | Min. Opening Balance | Dividend Credited | Term | Min. Balance to Earn Dividends |
|---|---|---|---|---|---|---|
| Certificate Account | 2.43% | 2.84% | $5,000.00 | Monthly | 2 Years | $5,000.00 |
| Certificate Account | 2.53% | 2.94% | $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 0.40% Annual Percentage Yield (APY) on share certificates if you have a La Capitol checking account. Additional 0.40% APY remains in effect for term of share certificate as long as checking account is open. If checking account is closed, the additional 0.40% 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 and transfers 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.
