What is a Share Certificate?
Share certificates are federally-insured investment instruments that offer a higher dividend yield compared to savings and money market accounts, but carry only a fraction of the risk associated with stocks and bonds. They earn higher dividend rates because you must leave the funds on deposit for a specified term, with no withdrawals during that term.

Minimum amount to openRegular: $500 Jumbo: $50,000 Super Jumbo: $100,000
DividendsDividends compound monthly; can be paid monthly or at maturity into another LAPFCU account or mailed to member in check form
DepositsNot permitted, except at maturity
WithdrawalsThere is a dividend penalty if a member withdraws any principal prior to maturity. Early withdrawal penalties do not apply to withdrawals made after the death of any owner of the account.
Term requirementsMinimum of 3 months; members may select their own maturity dates from:

  • 3 months
  • 6 months
  • 1, 2, 3, 4 or 5 years

Get yours today! Share certificates can be opened in PATROL Online Banking or by phone (877) 695-2732 with a funds transfer.

Member Benefits

Bonus! Members who qualify for Member Benefits℠ enjoy dividend bonuses on Share Certificates, which can help you meet savings goals more quickly.

+ 0.25% APY added to existing rate on new and rollover Share Certificates*

*APY = Annual Percentage Yield. Rate bonus available to members who qualify for Member Benefits℠.