Ledge Light Federal Credit Union - Homepage
Ledge Light Federal Credit Union

Savings Accounts

Start Saving Today

Whether you're saving for your retirement, a child's education or a vacation, Ledge Light has a savings option to help you meet your savings goals.  Our savings accounts offer competitive rates and the flexibility you need to access your savings anywhere, at any time.

Savings Accounts
Share Savings Accounts
Club Savings Accounts
Share Certificates
IRA Accounts
Money Market Accounts

 Current Rates Open an Account

Share Savings Accounts

First step in becoming a member of Ledge Light is opening a Share Savings account with a minimum $5.00 deposit. With this deposit you own a "share" in the credit union, which enables you to take advantage of all our products and services as well as vote for the Board of Directors. 


Money Market Accounts

 Current Rates Open an Account

Money Market Accounts give you higher rates without tying up your funds. You can make deposits and withdrawals. This type of liquid account is ideal for earning higher dividends while offering funds availability for emergency needs that might arise.

  • Unlimited transactions in person at a branch.
  • A variety of tiered interest rates so you'll earn more interest with higher balances (no minimum balance for first tier accounts)
  • Rate is paid and compounded monthly
  • Your funds are insured up to $250,000 by the NCUA

 



Share Certificates

 Current Rates Open an Account

Certificates are the perfect choice for no-risk savings. For the investor who wants a guaranteed higher interest rate, Certificates offer guaranteed earnings over a set amount of time. Earn higher dividends than typical savings or money market accounts and watch your money grow with a Certificate of Deposit.

  • Earn high returns
  • Minimum deposit of $500
  • Various terms available - from 6 months to 5 years
  • Your funds are insured up to $250,000 by the NCUA 

 


 Current Rates Open an Account

Individual Retirement Accounts

Individual Retirement Accounts (IRAs) are a great tax-favored way to save for retirement. With a traditional IRA, your earnings grow tax deferred, so you won’t owe income taxes until you make withdrawals. And if you’re eligible, your contributions may be tax deductible.

  • Save separately for your retirement
  • Choose from Traditional IRA, Roth IRA, or Education Savings Programs
  • Make deposits conveniently throughout the year by payroll deduction, mail, or in person
  • Your funds are insured up to $250,000 by the NCUA

Check with your tax advisor regarding your IRA eligibility


Club Accounts

Club Accounts are designed to help members save for special occasions or purchases. You can save for holiday gift-giving, vacations, large purchases, or set aside money for taxes.

  • Eliminate the use of high-interest rate credit cards to make large purchases
  • Avoid dipping into your regular savings account to pay for holiday or special purchases
  • No minimum balance required to open the account
  • Your funds are insured up to $250,000 by the NCUA
Start saving with a club account today!
spacer
Homepage Service Center and ATM Locations