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Business Savings

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

Contact Us to Open a Business Account

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

Contact Us to Open a Business Account

Business Account Rates

Table data for Business Accounts
 Rates Effective 6/1/2020
Minimum Balance Rate APY Alert Me
Business / Business Secondary Savings $100 0.05% 0.06% Receive a notification when this rate changes
$25,000 0.10% 0.11% Receive a notification when this rate changes
$100,000 0.15% 0.16% Receive a notification when this rate changes
Primary Checking $2,500 Average Daily Balance N/A N/A Receive a notification when this rate changes
Growth Business Checking1 $10,000 Average Daily Balance 0.25% 0.26% Receive a notification when this rate changes
Volume Business Checking2 Earning Credit available N/A N/A Receive a notification when this rate changes
Non-Profit Checking N/A N/A N/A Receive a notification when this rate changes
Money Market3 $2,500 0.25% 0.26% Receive a notification when this rate changes
$10,000.01 0.35% 0.36% Receive a notification when this rate changes
250,000.01 0.35% 0.36% Receive a notification when this rate changes
$500,000.01 0.35% 0.36% Receive a notification when this rate changes
A $5 minimum balance is required to maintain a membership (base) savings account, custodial savings account, or youth savings account. APY refers to Annual Percentage Yield. Fees can reduce earnings on accounts. Dividends on savings and money market accounts are variable and are subject to change after the account is opened. Limit 6 withdrawals per month as required by Regulation D.
  • 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. You must maintain the minimum daily balance amount of $2,500 in your account to avoid a fee as stated in our Fee Schedule.↵

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

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Business Accounts