Open a Credit Union Savings Account to Watch Your Money Grow

If an emergency happened today, would you have enough money saved to handle it? Or would you have added financial strain on top of the stress from the emergency? Unfortunately, nearly half of all Americans have less than $1,000 in savings accounts, which doesn’t provide much reassurance in being prepared for the unexpected.

But saving money is easier when you have the right tools, which is why Lanco FCU offers a variety of credit union savings accounts. We’ll help you save money for future expenses, emergencies, retirement, and so much more. With the opportunity to earn dividends and great financial products, you can breathe a sigh of relief knowing that you won’t have to worry about your finances if an emergent situation arises. Become a member of our credit union today to get started!

Child putting coin in piggy bank with parent

Types of Savings Accounts that Fit Your Lifestyle

No matter your reason for saving money, there is a type of savings account for you. From high-yield savings accounts for your emergency fund to saving money for an upcoming trip, find the credit union savings account to help you meet your savings goals.

piggy bank icon

Basic Savings Account

Simple, convenient, and flexible—our basic savings account is perfect for keeping your savings organized yet accessible. When you start your Lanco FCU membership, this basic savings is where your $5 membership share lives. Just maintain that $5 minimum opening deposit to prove you fall into our credit union’s ownership category!

Christmas tree icon

Club Savings

Set aside savings for a specific time or event and earn a higher dividend rate. Club savings are perfect for saving for Christmas or an upcoming vacation and can be paired with automatic transfers from your direct deposit checks for easier savings. You can contribute as often as you’d like! Each dollar adds up and can make special events much less stressful.

growth chart icon

Money Market Savings

Do you want to earn higher dividends while keeping funds accessible? A high-yield savings account, also known as a money market account, is great for building your savings safety net. It’s best for account holders who maintain a higher balance in their personal savings account, as there is a $1,500 account minimum requirement to avoid fees.

certificate icon


Earn higher dividends with term savings, starting as short as six months. These savings accounts differ from other savings products from our financial institution because you earn dividends at higher rates. Additional deposits cannot be made once the account is opened, and early withdrawals may incur fees. So it’s a set-and-forget saving option!

wallet icon

Kasasa Saver®

Pair Kasasa Saver® with your Kasasa Cash® or Kasasa Cash Back® checking account to earn higher dividends and automatically save your rewards. It’s like a regular savings account but on steroids! You can earn 1.00% annual percentage yield (APY)* on balances up to $50,000! It’s one of our financial products’ best savings rates!

rising arrow chart

Individual Retirement Accounts

Worried about having enough money for retirement or want to help your kids pay for school? Open an individual retirement account (IRA) for savings with special tax benefits. This credit union savings account allows you to save for retirement or education costs. IRA’s high dividends help you reach your specific savings goals faster.

Watch Your Savings Grow!

Should you choose traditional savings accounts or a money market account that has the potential to accrue more dividends (interest)? Do you have a specific savings goal, like Christmas, or do you just want to save money for a rainy day? The beauty of choosing a credit union savings account is that you don’t have to choose just one! Pick and choose the one that works best for you and become a member today!

How Lanco FCU Does Things Differently than Regular Savings Accounts from Banks

How Lanco FCU Does Things Differently than Regular Savings Accounts from Banks

You know that saving money is important. Not only can it create peace of mind that you are prepared financially in case of an emergency, but a savings account offers the ability to save small amounts of money over several weeks, months, or years. This convenience makes saving for larger events easier without completely emptying your checking accounts!

But choosing the right in-person or online savings account to house your money is equally important. Banks and credit unions are the traditional places to open an account, but which is better? Because its members own credit unions, the money made by the credit union is returned to its members in the form of higher dividends and fewer fees on savings accounts, among other benefits.

Credit unions like Lanco FCU are federally insured by the National Credit Union Administration (NCUA), so you can rest assured that your money is safe. You can also find branch locations local to you right here in Lancaster County when you choose us. We’ll help you meet your financial goals quickly, so open an account today!

Become a Member to Open Your Credit Union Savings Account Today!

Earning dividends (interest) on savings products is easy when you choose Lanco FCU! Choose the savings products that work best for you, like earning a higher dividend rate on a high-yield savings account or putting a set amount of money to work for a set amount of time with share certificates. Best of all, you can open your account online or at one of our branch locations. Choose your credit union savings account and become a member today!

*APY=Annual Percentage Yield. APYs accurate as of 2/1/2024. Rates may change after the account is opened. If qualifications in Kasasa Cash or Kasasa Cash Back (“checking account”) are met each monthly qualification cycle: (1) balances up to $50,000 in Kasasa Saver receive an APY of 1.00%; (2) balances over $50,000 in Kasasa Saver earn 0.35% dividends rate on a portion of balance over $50,000, resulting in 1.00%–0.64% APY depending on the balance. If qualifications are not met on the checking account, all balances in Kasasa Saver earn 0.05% APY. “Monthly Qualification Cycle” refers to a period beginning one calendar day before the first day of the current month through one calendar day before the last day of the current month. Qualifying transactions must post to and settle checking accounts during the monthly qualification cycle. Transactions may take one or more days from the date the transaction was made to post and settle the account. ATM-processed transactions do not count toward qualifying debit card transactions.