MORE DETAILS
Membership Savings Account is required to establish membership.
Monthly $3 fee; waived with other active non-savings products, regardless of the balance, OR if a $300 balance is maintained in Membership Savings account.2
Free Online and Mobile Banking
Interest compounded monthly
View fee schedule for withdrawal limitations
Savings Accounts
Whatever your future may hold, a healthy savings can prepare you to thrive. Explore your options. And build toward greater financial wellbeing with the savings accounts that work for you.
- Personal
- Savings Accounts
Saving for the journey.
Saving for the journey.
Whether you're opening your first savings account as a new member or searching for a faster path toward your future goals, we're here to help. For whatever path you want to take.
Membership Savings
The first step in your membership with us. Start saving toward your goals.
INTEREST
{rate-value}% APY1
MINIMUM TO OPEN
$5.00
Aspire Savings
Aspire Savings is a flexible savings account that offers a rate boost on the first $5,000 in the account. It’s an easy tool to help you grow your emergency fund or reach your savings goals a little faster.
INTEREST
Up To {rate-value}% APY1
MINIMUM TO OPEN
$0.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
No monthly service fee
Free Online and Mobile Banking
No minimum withdrawal amount
Blended interest rate based on balance
Interest compounded monthly
This account restricted to one per membership
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
No monthly service fee
Free Online and Mobile Banking
No minimum withdrawal amount
Blended interest rate based on balance
Interest compounded monthly
This account restricted to one per membership
View fee schedule for withdrawal limitations
Money Market Savings
An account designed for those who want to give their savings a boost.
INTEREST
Up to {rate-value}% APY1
MINIMUM TO OPEN
$1000.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
Monthly $10 fee; waived with minimum $1,000 daily account balance.
Free Online and Mobile Banking
Free checks
No minimum withdrawal amount
Tiered interest rate based on balance Interest compounded monthly
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
Monthly $10 fee; waived with minimum $1,000 daily account balance.
Free Online and Mobile Banking
Free checks
No minimum withdrawal amount
Tiered interest rate based on balance Interest compounded monthly
View fee schedule for withdrawal limitations
Money Market Premium
Reach your next financial milestone a little faster in an account that rewards you with a great rate.
INTEREST
Up to {rate-value}% APY1
MINIMUM TO OPEN
$1000.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
Monthly $10 fee; waived with minimum $1,000 daily account balance.
Free Online and Mobile Banking
Free checks
No minimum withdrawal amount
Tiered interest rate based on balance Interest compounded monthly
Interest compounded monthly
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
Monthly $10 fee; waived with minimum $1,000 daily account balance.
Free Online and Mobile Banking
Free checks
No minimum withdrawal amount
Tiered interest rate based on balance Interest compounded monthly
Interest compounded monthly
View fee schedule for withdrawal limitations
Money Market Plus
Give your savings an extra boost.
INTEREST
Up to {rate-value}% APY1
MINIMUM TO OPEN
$1000.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
Monthly $10 fee; waived with minimum $1,000 daily account balance.
Free Online and Mobile Banking
Free checks
No minimum withdrawal amount
Tiered interest rate based on balance Interest compounded monthly
Interest compounded monthly
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No minimum balance required to earn dividends
Monthly $10 fee; waived with minimum $1,000 daily account balance.
Free Online and Mobile Banking
Free checks
No minimum withdrawal amount
Tiered interest rate based on balance Interest compounded monthly
Interest compounded monthly
View fee schedule for withdrawal limitations
Special Savings
If you have a certain savings goal in mind, and want to separate funds from your Membership Savings, this account can help.
INTEREST
{rate-value}% APY1
MINIMUM TO OPEN
$0.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No monthly service fee
No minimum balance
Free Online and Mobile Banking
Open as many Special Savings accounts as you need
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No monthly service fee
No minimum balance
Free Online and Mobile Banking
Open as many Special Savings accounts as you need
View fee schedule for withdrawal limitations
Holiday Savings
Check holiday stress off your list or set some cash aside for a special occasion. We’ll move the balance to your Membership Savings each year on October 1.
INTEREST
{rate-value}% APY1
MINIMUM TO OPEN
$0.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No monthly service fee
No minimum balance
Free Online and Mobile Banking
Must open account in branch
Choose the account you want the balance moved to
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No monthly service fee
No minimum balance
Free Online and Mobile Banking
Must open account in branch
Choose the account you want the balance moved to
View fee schedule for withdrawal limitations
Youth Membership Savings
Teach the basics of managing money early and give them a head start on their financial wellbeing journey.
INTEREST
{rate-value}% APY1
MINIMUM TO OPEN
$5.00
MORE DETAILS
Adult age 18 or older required to open
When opening an account for a child, the adult will become a joint owner on the account
Adult must become a member in order to open account for a child
ATM card available 2 ATM service fees returned monthly for child under age 18
No monthly account fee for child under age 18
Online and Mobile Banking available for children age 14 and older
Account will convert to a Membership Savings at age 19. After this, monthly fee may apply depending on balance.
Interest compounded monthly
View fee schedule for withdrawal limitations
Adult age 18 or older required to open
When opening an account for a child, the adult will become a joint owner on the account
Adult must become a member in order to open account for a child
ATM card available 2 ATM service fees returned monthly for child under age 18
No monthly account fee for child under age 18
Online and Mobile Banking available for children age 14 and older
Account will convert to a Membership Savings at age 19. After this, monthly fee may apply depending on balance.
Interest compounded monthly
View fee schedule for withdrawal limitations
Health Savings Accounts (HSA)
With an HSA, you can prepare for medical costs and grow your savings at the same time. This account can supplement your high-deductible health plan, so you can stress less about medical expenses. And just focus on being your best you.
To open an HSA, give us a call at 888.267.7200, visit any Lake Trust relationship center location, or fill out the HSA contact form and we’ll reach out to you.
MORE DETAILS
Membership Savings Account is required to establish membership and open HSA.
The balance in an HSA rolls over each year. If you don’t use all of the money in your HSA within the year, you won’t lose it.
Contributions are made with pre-tax dollars, which could lower your taxable income.3
The account is yours to use and keep, even when you change jobs, retire, or switch insurance plans
Contributions can be used to pay for qualified medical expenses3, including dental, vision, and prescriptions, that are not covered by your health plan
Interest earned on the account is tax-free.
You’ll receive a Lake Trust HSA debit card to pay for expenses
Account can also be used for retirement savings
Learn more about HSAs in our Financial Wellbeing Library
IRA Savings
Set some money aside now and let it build toward your future. Visit any branch to open this account with us.
INTEREST
{rate-value}% APY1
MINIMUM TO OPEN
$0.00
MORE DETAILS
Membership Savings Account is required to establish membership.
No monthly service fee
$5 minimum balance to earn interest
Total contributions to all of your Traditional and Roth IRAs cannot exceed $6,500 (or $7,500 at age 50 or older)
Roth IRA
No mandatory distribution
Traditional IRA
Mandatory distribution at age 73
Free Online and Mobile Banking
View fee schedule for withdrawal limitations
Membership Savings Account is required to establish membership.
No monthly service fee
$5 minimum balance to earn interest
Total contributions to all of your Traditional and Roth IRAs cannot exceed $6,500 (or $7,500 at age 50 or older)
Roth IRA
No mandatory distribution
Traditional IRA
Mandatory distribution at age 73
Free Online and Mobile Banking
View fee schedule for withdrawal limitations
1 APY = Annual Percentage Yield. Rates as of March 18, 2025 and are subject to change.
2 The qualifying Deposit Accounts include all Savings, Checking, Certificates of Deposit, and Money Markets.
3 Qualified HSA contributions are tax deductible, and qualified distributions are tax free. Refer to IRS Publication 502 for a list of tax-free (qualified) medical distributions. Not intended to be tax advice; please consult with your tax advisor.
4 Third party website. Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third-party websites. In addition, the site’s privacy policies may differ from those of Lake Trust.
2 The qualifying Deposit Accounts include all Savings, Checking, Certificates of Deposit, and Money Markets.
3 Qualified HSA contributions are tax deductible, and qualified distributions are tax free. Refer to IRS Publication 502 for a list of tax-free (qualified) medical distributions. Not intended to be tax advice; please consult with your tax advisor.
4 Third party website. Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third-party websites. In addition, the site’s privacy policies may differ from those of Lake Trust.