Share Account

The Share Account is a savings account, and so much more.

At LGFCU and at most credit unions, we call a savings account a Share Account. Why?

You’re an owner

Every Credit Union member is part owner. You get a say in how we work and grow. This Share Account represents that ownership and is where your relationship with LGFCU begins.

Get started

You can open a Share Account with a minimum deposit of $25. There is a $1 service fee if your balance drops below $25. Your Share Account is NCUA insured and can be accessed using any CashPoints® ATM. You may choose to have an individual account, a joint account with another LGFCU member, or a payable on death account that will only release funds to a designated beneficiary. When opening your account, you have the option to receive an LGFCU Visa® Check Card or ATM/Member Access Card. Discover other types of account ownership for special circumstances. 

Overdraft transfer service

Your Share Account can be used for overdraft transfers to your LGFCU Checking Account or as collateral on LGFCU loans, meaning a positive balance and your relationship with us may give you an advantage that you might not have at other financial institutions. 

Daily compounded dividends

The dividends compound daily and are paid monthly so your money is always working for you. The dividend rate is set by the Board of Directors and is subject to change daily.


Dividend: Money you earn on your account at a rate determined by our Board of Directors, referred to at some financial institutions as interest.

Compounded Dividend: When your dividend is added to your balance so that the dividends themselves earn dividends.

Next Steps

Choose a way to request your Share Account.