A Prime Share Account is the initial account that you, as a member, will have with Langley Federal. Once you make the initial $5 minimum balance deposit, which is the purchase of a share in the credit union, you become a member-owner of LFCU which enables you to take advantage of other products and services offered.
Minimum Balance: $5.
Deposits: Unlimited number of deposits may be made.
Transaction Limitations: No more than six (6) preauthorized, automatic (to include overdraft protection), or telephone transfers (CHIPS), including L@ngley Link, may be made from this account to another account of yours or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If these transfer limitations are exceeded, your account will be assessed a Returned Item fee for each attempted transfer and the account may be subject to closure, please refer to the separate Fee Schedule.
Dividend: Prime Share Accounts pay tiered dividends. See the
current rates page for details.