Accounts may be opened with individual or joint ownership, or as a custodian-for-a-minor account. There is a $1.00 membership fee and a minimum deposit of $25.00, your share of ownership in the Credit Union. Even if you move, retire or change employment you may continue membership by maintaining a share balance of $25.00.
As a Lookout Credit Union member, you will benefit from:
All this is possible because your savings account represents a share in ownership. Simply put, we are owned and operated by members. Unlike publicly-held financial institutions, Lookout Credit Union is a not-for-profit cooperative, so our members are the shareholders. All income after operating expenses and reserve allocations is returned to you via higher dividends and great loan rates. So, while you have your choices of where to put your money, why not put it someplace where you’re treated like an owner?