Savings Accounts - Lookout Credit Union

Why choose us for your savings account

Gain interest on your savings with competitive savings rates
Free Online Banking, Bill Pay, and eStatements
Access to over 30,000 CO-OP Network Surcharge Free ATMs
Savings are federally insured up to at least $250,000
Seven convenient branch locations and access to over 5,000 additional branches through the Shared Branching Network
Members love us

Open a Savings Account

0.25% APY
IRA/Coverdell Savings

.01% APY
Daily share savings

see all rates

Calculators

Student Budget Investment Goal Savings/Taxes/Inflation Retirement 401K

Savings Account Options

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.

Youth Accounts

Saving at a young age benefits your child for a lifetime!

Benny Bengal Savings

Designed to help children 12 and under save for their future. Lookout Credit Union is committed to helping young people acquire good financial skills.

Junior Savings

The Junior Savings Account is designed to help teens 13–17 become knowledgeable and confident about money, so they'll make smarter financial decisions as adults.

Teaching the concept of saving at a young age benefits a person for a lifetime. Our goal is to help young people become knowledgeable and confident about money, so they'll make smarter financial decisions as adults.

Medical Savings

Save for Future Medical Expenses. Get a Tax Break Now.

A Medical Savings Account (MSA) is a share account intended to encourage savings for future medical expenses. Deposits to your MSA that are within the maximum contribution limit are tax-deductible for Idaho state income tax purposes.

An MSA works a lot like a regular share account: you set aside money toward medical expenses and you make withdrawals for eligible medical expenses, such as your monthly health insurance premium. There are a number of eligible, out-of-pocket expenses for which you can use your MSA savings.

Coverdell Education Savings

It's not only an education. It's their future!

A Coverdell Education Savings Account is a tax-advantaged custodial account designed to help pay for a designated beneficiary’s education. It's a flexible account designed to offset growing educational expenses. If your child is under 18 years, everyone can contribute to the account. Share this account with grandparents, aunts, uncles, and other family members.

Members Love Us

"I got my Home Equity Line of Credit a couple of years ago and the process was quick and easy. I've enjoyed the simplicity of my HELOC and appreciate the rate and working with the credit union. It's easy to advance the money online and to also make payments online."

Cam S.

"I have been a Member of the Credit Union for over 14 Years now. They enabled me to buy a car with a pre-approved letter, that really helped me in my auto buying selection. I love my credit union!"

Jim A.

"I’ve been banking at Lookout Credit Union for many years now. They are always kind and courteous and prompt when I come in. When online banking came out, one gal at the office spent 15 minutes with me, taking time to answer all of my questions and concerns. When one of my accounts was compromised, they immediately calmed me and took steps to protect any further problems."

Nat C.

"I love this account because it has so many features that I use on a regular basis - $25 in monthly ATM fee refunds – great rate, free cashiers checks and more!"

John W.

"Excellent support. Their built in money management tool, fully into the debit cards and online banking, is a must have for budgeting."

J.K.M

Savings