Business Savings

Open an account today and keep your money working for your business.

Business Secondary Savings

The Business Secondary Savings account is a great way to save for something specific, such as payroll taxes.

  • No minimum balance requirement
  • No monthly maintenance fee
  • Earns dividends.
  • Access in person, by mail, or by using Memberline or Online and Mobile Banking
  • The convenience of automatic transfer into the account for quicker savings

Business Account Rates

Table data for Business Accounts
 Rates Effective 05/08/18
Rate APY Balance Amount Alert Me
Business Savings 0.145% 0.15% $100.00 or > Receive a notification when this rate changes
0.195% 0.20% $25,000 or > Receive a notification when this rate changes
0.245% 0.25% $100,000 or > Receive a notification when this rate changes
Business Secondary Savings 0.145% 0.15% $100.00 or > Receive a notification when this rate changes
0.195% 0.20% $25,000 or > Receive a notification when this rate changes
0.245% 0.25% $100,000 or > Receive a notification when this rate changes
Primary Checking N/A N/A $2,500 Average Daily Balance Receive a notification when this rate changes
Growth Business Checking 0.25% 0.25% $10,000 Average Daily Balance1 Receive a notification when this rate changes
Volume Business Checking N/A N/A Earning Credit available2 Receive a notification when this rate changes
Non-Profit Checking N/A N/A N/A Receive a notification when this rate changes
Money Market 0.445% 0.45% $2,500 or >3 Receive a notification when this rate changes
0.544% 0.55% $10,000 or > Receive a notification when this rate changes
0.644% 0.65% $25,000 or > Receive a notification when this rate changes
Premium Money Market - limited time offer 0.743% 0.75% $50,000 or >4 Receive a notification when this rate changes
0.842% 0.85% $100,000 or > Receive a notification when this rate changes
A $5 minimum balance is required to maintain a Business Membership Savings Account. All LGE Business Checking Accounts require $100 minimum deposit to open. Earnings on accounts can reduce fees; consult with the LGE Business Accounts Schedule of Fees. Dividends on accounts are variable and are subject to change after the account is opened. APY refers to Annual Percentage Yield. Dividends are compounded monthly for checking and are compounded quarterly for savings accounts. Rates and APY subject to change without notice.
  • 1If Average Daily Balance falls below $10,000 the monthly maintenance fee is assessed. Refer to the LGE Business Accounts Schedule of Fees for more information.
  • 2Earnings credits are calculated by applying the Growth Business Checking rate to the average daily balance of the account.
  • 3If the average daily balance falls below $2,500 for the dividend period, it will become a non-dividend bearing account and you will be charged a fee. Limit 6 withdrawals per month as required by Regulation D.
  • 4Rate is variable and may vary after the account is opened. $50,000 minimum balance to open. $50,000 minimum average daily balance to earn APY. Fees can reduce earnings on accounts. Limit 6 withdrawals per month as required by Regulation D.

Extra Services

Convenient. Easy. Secure.

Memberline

It's our 24-hour automated phone banking system. Use your phone to access your accounts anytime!

 

Memberline

Online Banking

It’s free, secure, and available 24-hours a day! Get access to Online Banking via LGEccu.org.

 

Online Banking

Mobile Banking and Apps

Access your LGE accounts from your cell phone, either by visiting LGEccu.org from your mobile device or using our free apps.

Mobile Banking