Benefits and Requirements
Effective March 1, 2015
What is Member BenefitsSM?
LAPFCU’s Member Benefits program rewards members who make the best use of their Credit Union.
If you have a strong relationship with LAPFCU, we want to reward you. These rewards take the form of better rates on savings and loans, lower fees and fee reimbursements.
What You Get With Member Benefits
When you participate in LAPFCU’s Member Benefits Program, you receive an array of exclusive savings opportunities. This includes dividend rate bonuses on IRA and Share Certificates, discounts on consumer loans, and fee waivers.
Now, members can enjoy these updated benefits:
- – 0.50% Annual Percentage Rate (APR) consumer loan automatic payment discount1
- – 0.25% Annual Percentage Rate (APR) consumer loan online application discount1
- + 0.25% Annual Percentage Yield (APY) bonus added to new and rollover IRA and Share Certificates
- Free Silver Package I.D. Enforcer2 with a Performance Checking account
- One monthly member-requested fee reimbursement up to $103—now includes Amex gift card fees!
Plus, up to $6.99 in monthly checking account maintenance fee waivers!
How You Can Qualify
There are three simple ways to qualify for receiving your program benefits.
- Checking Account
Have an LAPFCU checking account with monthly direct deposit(s) or ACH transfer(s) of at least $250, sign up for e-Statements and conduct 4 remote electronic activities4 monthly; OR
- Visa® Credit Card Account
Perform four posted transactions a month with your LAPFCU Platinum Rewards or Classic Visa Credit Card and sign up for regular e-Statements on your membership account, and Visa Credit Card e-Statements; OR
Have an LAPFCU first mortgage5, sign up for mortgage e-Statements and opt into automated payments.
Get Your Member Benefits today! Stop by a branch or call (877) MY-LAPFCU to qualify and get signed up!
1The following loan types are excluded from Member Benefits rate reductions. Real estate loans, mobile home, unsecured lines of credit, credit cards, share loans and share certificate loans.
2I.D. Enforcer is not insured by the NCUA or any other government agency, is not Credit Union guaranteed, is not a deposit, and is not a condition to any banking service or activity. I.D. Enforcer is a service provided by Identity Theft 911, LLC (“IDT911”). IDT911 may modify or improve any part of the service at any time and without prior notice. This service is not a credit counseling service and does not promise to help you obtain a loan or improve your credit record, history or rating. Free one-year subscription is valid for the I.D. Enforcer Silver package only; subscription upgrades not permitted. Restrictions apply, see FAQs or ask for complete details. For additional information, visit lapfcu.org/idenforcer.
3Restrictions apply, see FAQs or ask for complete details.
4Effective March 1, 2015. Remote electronic activities include: performing account transfers (internal/external) via PATROL Online Banking, Mobile Banking, or Text Banking; sending payments via Popmoney; paying bills using PATROL Online Banking or Mobile Banking; conducting ATM deposits or withdrawals; and making check deposits using GO-Deposit.
5Mortgages that qualify for Member Benefits before March 1, 2015 will continue to receive benefits for the remainder of their loan