Business Savings Accounts
Your business will become a member of Lanco Federal Credit Union with a minimum deposit of just $5.00 into a share savings account. For your convenience, additional savings accounts may be opened with no minimum balance required and no monthly fees. Any savings account with a balance of $25.00 or more will earn dividends.
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. This account allows you to earn a higher dividend without tying up your funds in a CD.
- Open and maintain a money market account with as little as $1,5001
- Add funds to your money market account as often as you like
- Withdraw funds any time that you need
- APY varies based on your account balance. View current savings rates
1Money market savings balances below required $1,500.00 minimum will incur a monthly fee and will not earn dividends. Refer to the Truth-in-Savings disclosure for more information.