Savings

Savings Account

Looking for a safe and reliable place to save your money? Open an account at LCCU. Regulated financial institutions are the safest way to keep and manage your money. If you keep your money under the mattress or carry a lot of cash in your pocket, you could be a robbery victim.

No risk - Your deposits are insured up to a maximum of $250,000, through the National Credit Union Administration (NCUA), a U.S. government agency.

Earn interest - You will earn interest on the money you deposit with LCCU. These are earnings you receive each month for depositing your money at LCCU.

Access to other financial services - Opening this basic account will allow you to enjoy other LCCU products.

Saving a small amount every week will add up to a lot by the end of the year for things such as college tuition, a downpayment for a car or home, a vacation, retirement, etc.

What do I need to open a Savings Account?

To use Latino Community Credit Union’s services you must first become a member.

To become a member, you will need to:

Present a government issued photo identification card from any country
Open a savings account with the minimum deposit
Become a member of the Latino Community Development Center, a non-profit organization whose mission is to provide financial education to the Latino community
The Savings account earns interest, so you will need a Social Security Number (SSN) or an Individual Tax Identification Number (ITIN) to pay taxes in the United States. If you don’t have an ITIN number, you can open a temporary account while you get an ITIN. Any of our representatives can help you apply for an ITIN

Is there a charge or fee?

No, as long as you keep the minimum balance.

Can I take out my money whenever I want?

The savings account allows you to deposit, withdraw or close the account at any time.

How can I access my account?

You can access the account in person by visiting a branch, by phone with Latino Direct or using an ATM from the following networks:

Interlink logo