Deposit rates

Share Savings Accounts

Effective 11/6/23
Account type
Rate
APY
Min. deposit to open
0.40%
0.40%
$5
0.40%
0.40%
$0
2.00%
2.02%
$250
0.40%
0.40%
$25
0.40%
0.40%
$25

APY: Annual Percentage Yield

Checking Accounts

Effective 11/6/23
Account type
Rate
APY
Min. deposit to open
0.15%
0.15%
None

APY: Annual Percentage Yield

Share Term Certificates

Effective 11/6/23
Account type
Rate
APY
Term
Min. deposit to open
5.25%
5.25%
6 months
$250
5.50%
5.50%
12 months
$250
5.75%
5.75%
18 months
$250
4.80%
4.80%
24 months
$250
3.95%
3.95%
30 months
$250
4.00%
4.00%
36 months
$250
4.20%
4.20%
48 months
$250
4.50%
4.50%
60 months
$250

Dividend Rates Information
Dividend rates on Share Term Certificates have been set subject to the availability of funds. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Depending on options chosen, most accounts have modest service charges that could reduce net earnings. There is a penalty for early withdrawal from certificates. The dividends on all accounts except certificates are variable and may change at preset intervals after the account is opened. All depository services compound dividends daily, except Share Term Certificates. Initial/opening rates are subject to change without notice. Please call your local branch for current rates.

APY: Annual Percentage Yield

Individual Retirement Accounts (IRA)

Effective 11/6/23
Account type
Rate
APY
2.20%
2.22%
2.20%
2.22%
2.20%
2.22%

Dividend Rates Information
Dividend rates on IRAs have been set subject to the availability of funds. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Depending on options chosen, most accounts have modest service charges that could reduce net earnings. There is a penalty for early withdrawal from certificates. The dividends on all accounts except certificates are variable and may change at preset intervals after the account is opened. All depository services compound dividends daily, except Share Term Certificates. Initial/opening rates are subject to change without notice. Please call your local branch for current rates.

APY: Annual Percentage Yield

Coverdell Education Savings Account

Effective 11/6/23
Account type
Rate
APY

APY: Annual Percentage Yield

Health Savings Account

Effective 11/6/23
Account type
Rate
APY

APY: Annual Percentage Yield

Mortgage rates

Adjustable Rate Mortgages (ARM)

Effective 3/1/24
Account type
Rate
APR*
Term
8.000%
6.794%
30 Years
8.200%
7.103%
30 Years
8.400%
7.472%
30 Years
8.400%
7.472%
30 Years

*APR: Annual Percentage Rate

Fixed-Rate Mortgages

Effective 3/1/24
Account type
Rate
APR*
Term
7.175%
7.400%
10 Years
7.375%
7.601%
10 Years
7.375%
7.538%
15 Years
7.675%
7.839%
15 Years
7.950%
8.084%
20 Years
8.500%
8.637%
20 Years
8.250%
8.357%
30 Years

*APR: Annual Percentage Rate

Loan rates

Account type
APR*
Term
8.25% - 12.75%
36 Months
8.50% - 13.00%
48 Months
8.75% - 13.25%
60 Months
9.00% - 13.50%
72 Months

Rates are subject to change without notice. Please check with a branch office for current rates.

Auto loans are subject to approval. Rates and credit limit are evaluated based on credit history. A new vehicle is defined as current, prior or upcoming model year with 10,000 miles or less. For used vehicles up to 10 years old, mileage may not exceed 150,000 at time of loan origination. LGFCU will finance 100% of the MSRP or the NADA value, plus an additional 20% to cover purchase-related expenses such as tax, tags and extended warranties. Cash-out is not permitted on purchase transactions and cash-out refinance transactions are limited to a maximum Loan to Value of 100%. Lending is limited to residents in NC, SC, GA, TN and VA. No prepayment penalties. Vehicles with branded (flooded, salvaged or reconstructed) titles or motorcycles, boats, RVs and commercial vehicles are not acceptable collateral. Product availability and current rates may be changed at any time at the discretion of the Board of Directors. Borrower must maintain collision and comprehensive insurance protection with a maximum deductible of $1,000 for the life of the loan. Must be age 18 or older to qualify for lending services.

*APR: Annual Percentage Rate

Credit Cards

Effective 2/22/24
Account type
APR*
13.00% to 18.00%

Variable rates subject to change without notice. Please check with a branch for current rates. APR applies to purchases and balance transfers. The fixed APR for Cash Advances is 18.00%

*APR: Annual Percentage Rate