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Special Share Account
Your Share account at Livingston Parish Federal Credit Union establishes your membership/ownership, earns dividends, and gives you the opportunity to build a secure future. What better way to save for a rainy day! Visit our calculator to see how regular saving can add up with your credit union.
A $5 minimum deposit is required to become a member and a minimum balance of $5.00 must be maintained to remain a member. A one time $10.00 membership fee is charged. Balances over $100.00 earn dividends.
Regular saving is made easy through payroll deduction, direct deposit or automatic transfer from another LPFCU Account.
Your Savings can also provide overdraft protection for your LPFCU checking account.
You earn competitive rates and quarterly statements are mailed to you for your records.
Your Regular Share Savings Account is your primary Livingston Parish Federal Credit Union account, required to maintain your membership.
Regular Share Savings Account Features:
The minimum balance to open is $ 5.00.
You receive day-to-day dividends, compounded and paid monthly.
Dividends are paid on account balances over $100.00.
The interest rates are tiered to pay you higher rates as your account balance increases.
Members receive quarterly statements unless the account has monthly electronic activity.
Deposits and withdrawals can be made conveniently and systematically through payroll deduction, the mail, and in person at:
890 Florida Blvd., or by mail at P.O. Box 687, Denham Springs, LA 70727-0687
Share Draft (FREE Checking) Account
Minimum $500 balance required unless using Direct Deposit
No monthly service charges
Unlimited check writing
Account access through the Internet with Home Banking and ATM
Direct deposit/payroll deduction;
Overdraft Privilege Service for eligible checking accounts
Overdraft protection with a LPFCU savings account or Visa account
Earn dividends on average daily balance above $300.00
Visit us (Member Services) for a checking account application. We'll be glad to mail you one.
Order checks online
Christmas Club Accounts
Save all year long for Christmas. Whether you make your own deposit or make your deposit through payroll deduction, it will be nice to have extra money for the holidays.
Account can be opened at anytime
Funds automatically withdrawn from Christmas Club account and distributed to members for November 10th
There is a $20.00 fee for early withdrawals.
Certificates of Deposit (COD)
Invest your money in a Certificate of Deposit (CD) and earn higher dividends than the regular savings account. You can choose from terms of 6 months to 24 months with a minimum deposit of just $500.
Dividends paid monthly
Rates set at beginning of term
Call for current rates
Save all year long for a vacation. Whether you make your own deposit or make your deposit through payroll deduction, it will be nice to have extra money for the vacation.
Account can be opened at anytime
Funds automatically withdrawn from Vacation Club account and distributed to members into for May 10th.
There is a $20.00 fee for early withdrawals.
Loans- Secured and Unsecured
LPFCU provides reasonable cost cost Member's Choice™ Loan Protection to eligible members. It pays off your loan, up to $25,000, if you die before the loan is repaid. And if you borrow jointly, we provide Joint Loan Protection that covers a co-borrower, also at a reasonable cost to you. There's no better way to protect your collateral and family during the emotionally and financially trying times that accompany a death.
LPFCU also provides, at a reasonable cost, Member's Choice™ Disability coverage. It pays your monthly loan payment up to $600 ($30,000 maximum), if you are temporarily disabled and can't work. Benefit payments continue until you return to work, the loan is repaid, or you reach the policy maximum. And this policy pays from the first day of disability after waiting just 14 days. Coupled with Loan Protection, it's one of the most comprehensive and reasonably priced payment protection packages anywhere.
Our loans deliver a lot of value to our members: low rates, generous terms, no hidden fees and no pre-payment penalties.
New Auto, Boats, RVs Campers, Motorcycles and ATVs
The maximum term of financing is 72 months. We finance up to 100% of the selling price including tax, title and license (On Approved Credit).
Used Auto, Boats, RVs Campers, Motorcycles and ATVs
The maximum term of financing is 60 months, depending upon the amount financed and the age of the collateral. Financing is based On Approved Credit and as follows:
Used Auto - up to 100% of the NADA W/S Value, including tax, title and license.
Used Boat, Motor and Trailer - up to 100% of the NADA Average W/S Value, including tax, title and license.
Used RV, Camper and Trailer - up to 100% of the NADA Used W/S Value, including tax, title and license.
Used Motorcycle and ATV - up to 100% of the NADA Clean Trade-In W/S Value, including tax, title and license.
Use the money in your credit union Regular Share Account or Term Share Certificate, excluding IRA savings accounts or IRA certificates, as collateral without affecting your dividend earnings. This is a great way to pay less interest on your loan while maintaining the balance in your account.Furniture, appliances, home improvement, and debt consolidation are just a few reasons to obtain a personal loan with terms up to 48 months. Loan rates and terms are based On Approved Credit.
Rates and Fees
Collection Costs: You promise to pay all costs of collecting the amount you owe under this agreement including court costs and reasonable attorney fees.
Loan Application Fee: $20.00 (non-refundable) plus Loan Processing Fee of $30 (excluding holiday loans).
Late Charges: If your installment payment is more than 10 days late, you will be charged a late fee of $25.
Share Secured: The Annual Percentage Rate (APR) for Share Secured Advances will be the dividend rate being paid on regular shares on the date of the advance plus 3.00%. If there is an existing balance on the date of the new advance, the existing balance will be added to the new advance and the entire balance will be at the new APR. The APR is subject to change only at the time of a new advance. Any increase in the APR will result in an increase in the payment amount or more payments of the same amount until what you owe has been repaid.
Certificate Secured: The Annual Percentage Rate (APR) will be the dividend rate being paid on the Certificate offered as security plus 3.00%. The Certificate must be renewed until the advance is completely paid. Failure to renew will result in default. When the Certificate is renewed the APR will change to reflect the new dividend rate. If there is an existing balance on the date of the new advance, the existing balance will be added to the new advance and the entire balance will be at the new APR. Any increase in the APR will result in an increase in the payment or more payments of the same amount until what you owe has been repaid. The APR and daily periodic rate will be disclosed on the voucher at the time of the advance.
Filing Fees: If you give a security interest in certain types of property, we may charge you a filing fee to perfect our interest in the property. If so, the amount of the fee will be disclosed to you at the time you obtain an advance.
Risk Based: The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your credit worthiness, loan to value (LTV) and age of collateral. Please ask us for the rate that you qualify for.