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Money Market Savings
If you maintain a high balance in your savings or checking account, you may want to consider opening a Money Market Savings account. With a deposit of just $1,500, you can begin earning a higher interest rate.¹ With LANCO's tiered structure, as your Money Market Savings account balance grows, so does your dividend rate.
Unlike a Certificate, your money is not locked in for a specific term — You may contribute to your Money Market Savings Account as often as you like and make up to four (4) withdrawals or transfers per month.²
Money Market Savings Rates | Money Market Savings Account Disclosure
¹ Account balances below required $1500.00 minimum will incur a monthly fee and will not earn dividends. ² The minimum withdrawal/transfer amount is $300.00. Withdrawals exceeding four (4) per month will be assessed a fee.
Federal Regulation D places monthly limitations on the number of withdrawals allowed from your deposit accounts without your physical presence required. Learn about Regulation D.
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