Share Savings
LVECU offers a variety of savings options to help you reach your financial goals while your money is federally insured by the NCUA. From Regular Shares to Vacation Shares, we’ve got you covered. When you join LVECU, you must open a Regular Share with a $5.00 minimum deposit to establish your membership that gives you access to all the great products, services, and membership benefits we have to offer.
Want to know how you are insured and protected by the NCUA?
Consumer Rights
Share Insurance
Protection Laws
Protection Regulations
Share Insurance Estimator
Regular Shares
The regular shares allows you to deposit your money in a safe place while earning dividends.
$5.00 minimum deposit
No monthly service fees
Dividends paid monthly
Great for overdraft protection
Holiday Shares
This share account is here to help you set aside funds for the upcoming holiday season, so you’re prepared for when you need to buy Christmas gifts, host a holiday dinner, or are traveling to visit family and friends. By opening this savings, you are setting yourself up for success and less stress during the busy holiday’s.
No minimum balance
No monthly service fees
Dividends paid monthly
Funds can be withdrawn or transferred when you’re ready to start shopping
Vacation Shares
As we all know vacation costs can add up quickly between the transportation, lodging, food, and activities. Vacations are meant to be fun and relaxing but worrying about finances can be stressful during and after the trip. Opening this savings account can save you from the worrying and allow you to set savings goals for a vacation separately from your other savings accounts.
No minimum balance
No monthly service fees
Dividends paid monthly
A great way to save for your next adventure
Alternate, Statement and Super Saver Shares
These shares are perfect for setting aside a little bit of money at a time for future purchases like new appliances, windows, or furniture. These savings options are very liquid and safe, and can help you achieve your savings goals.
No minimum balance
No monthly service fees
Dividends paid monthly
Save for taxes, education or that next big purchase
Share Certificates
When you invest in credit union Share Certificates, you get more than a high yield. Unlike other financial institutions, credit union earnings are returned to our members in the form of lower interest loans, convenient free services and new products. It makes sense to invest at your Credit Union.
Share Certificates require a $500.00 minimum balance. You must maintain a minimum average daily balance of $500.00 to obtain the disclosed annual percentage yield for your share certificate.
Lehigh Valley Educators Credit Union offers 3, 6, 12, 24, 36 and 60 month Share Certificates and IRA Share Certificates.
IRAs
It’s never too soon to start saving for your retirement. LVECU offers a Traditional IRA, Roth Contributory IRA and Roth Conversion IRA. Depending on which IRA you chose, you can enjoy tax-free or tax-deferred growth on your retirement savings*.
Want to get started on your retirement plan with an IRA? To open an account, stop in or call to make an appointment at one of our offices.
*IRS rules and regulations apply to eligibility. Ask your tax advisor for possible tax benefits. IRAs are insured separately by the NCUA up to $250,000.
APY = Annual Percentage Yield. The payment of dividends is based on the available current and undivided earnings of LVECU. A withdrawal will reduce earnings. Regulations prohibit dividends in excess of available earnings.
Money Market
A Money Market Share allows you to earn higher dividends. It can help you set aside money for those bigger expenses like putting a down payment on a car or home, college tuition payments, and having retirement savings. Sometimes life throws you curve balls with unexpected expenses, so it’s important to have a backup plan.
No monthly service fees
No minimum balance
Low risk savings option
Earn higher dividends
Won’t lose accessibility to funds
Start earning dividends when you reach and maintain a balance of $2,500