Personal Checking Accounts Disclaimers

   

 

All Accounts

1 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.

Simple

2 La Cap Simple Checking is a non-dividend-bearing account. The minimum deposit to open is $50.00. To avoid the $8.00 monthly service charge for a low balance one of the following must occur: $1,000 average daily balance; or ten (10) posted, non-ATM, debit card transactions; or a deposit of $500.00 or more during the statement period. The $2.00 monthly service charge for paper statements is waived when online consent to enroll in Electronic Statements (eStatements) is received.

Choice

3 La 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.

BaZing

4 BaZing is available with Choice Checking and Simple Checking accounts. The fee is $4.99 per month. Cell phone and personal identity protection are services provided by a third party and are subject to additional terms and conditions. Separate activation for these benefits is required. To activate identity monitoring, please go to www.bazing.com, click on the Protection Category and follow the easy sign-up steps.

La Cap Opportunity Checking is a non-dividend-bearing account. The minimum deposit to open is $25.00. This account comes with a monthly service charge of $10.00. This membership account does not have access to the following services: Courtesy Pay, Shared Branching, ATM and Mobile deposits, External transfers, Bill Pay, Wires, and La Cap issued checks.