Savings & Money Market
| Minimum Balance | Compounded / Paid | Annual Percentage Yield (APY)1 | Alert Me | |
|---|---|---|---|---|
| Daily Share | $25+ | Monthly | .01% | Receive a notification when this rate changes |
| Bengal Share | $25+ | Monthly | .01% | Receive a notification when this rate changes |
| Medical Savings | $25+ | Monthly | .01% | Receive a notification when this rate changes |
| Christmas Club | $25+ | Monthly | .01% | Receive a notification when this rate changes |
| IRA/Coverdell Savings | $25+ | Monthly | 0.25% | Receive a notification when this rate changes |
| Share rates effective 7/01/2017 Money Market Rates effective 3/23/2020. The dividend rate and annual percentage yield may change at any time, as determined by theLookout Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. Lookout Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate. |
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| Balance Tier | Compounded/Paid | Annual Percentage Yield (APY)1 | Alert Me |
|---|---|---|---|
| $0 - $50,000 | Monthly/Monthly | 2.50% | Receive a notification when this rate changes |
| $50,000 + | Monthly/Monthly | 2.50% - 1.00% | Receive a notification when this rate changes |
| If qualifications not met | 0.05% | Receive a notification when this rate changes | |
| 1Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. “Monthly Qualification Cycle" means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle. See our website for specific Monthly Qualification Cycle dates. All of the following transactions and activities must post and settle to your Ridgeline Rewards or Compass Cash Back account during each Monthly Qualification Cycle: 12 debit card transactions must post and clear prior to the second to last day of the month. Must receive electronic statements. Must have at least (1) direct deposit or ACH credit transaction(s). Summit Saver | Ridgeline Rewards Qualifier- Reward Information: When your linked Ridgeline Rewards or Compass Cash Back qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $50,000 in your Kasasa Saver account earn an APY of 2.5% and daily balances over $50,000 earn a dividend rate of 0.25% % on the portion of the daily balance over $50,000 resulting in a range from 2.50% to 1.00% APY depending on the account’s daily balance. When your linked Ridgeline Rewards or Compass Cash Back qualifications are not met, the entire daily balance in the Summit Saver account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05% APY. Dividends will be credited to your Summit Saver account on the last day of the current statement cycle. A Ridgeline Rewards or Compass Cash Back account is required to have a Summit Saver account. A linked Summit Saver account is required for automatic savings. APY = Annual Percentage Yield. APYs accurate as of 7/14/2026. Membership eligibility required. Must be a member of the credit union to open any deposit account. Full Qualification Cycle and Details. | |||
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How much can I save with the Summit Saver?
Future account balance:
Interest earned:
Starting with a balance of
, a Kasasa Saver account will grow to
in
years. Your deposit of
will have earned
in interest at
%.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes.
| Minimum Balance | Compounded/Paid | Annual Percentage Yield (APY)1 | Alert Me |
|---|---|---|---|
| $0- $9,999 | Monthly/Monthly | 0.75% | Receive a notification when this rate changes |
| $10,000 + | Monthly/Monthly | 1.50% | Receive a notification when this rate changes |
| Share rates effective 7/01/2017. Money Market Plus Account Rates effective 10/01/2024. The dividend rate and annual percentage yield may change at any time, as determined by the Lookout Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. Lookout Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate. | |||
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| Minimum Balance | Compounded/Paid | Annual Percentage Yield (APY)1 | Alert Me |
|---|---|---|---|
| $0- $9,999 | Monthly/Monthly | 0.75% | Receive a notification when this rate changes |
| $10,000 + | Monthly/Monthly | 3.00% | Receive a notification when this rate changes |
| Share rates effective 7/01/2017. Money Market Plus Promo Rates effective 1/01/2026. The dividend rate and annual percentage yield may change at any time, as determined by the Lookout Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. Lookout Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate. | |||
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| Minimum Balance | Compounded/Paid | Annual Percentage Yield (APY)1 | Alert Me |
|---|---|---|---|
| $25 + | Monthly/Monthly | 0.25% | Receive a notification when this rate changes |
| First-Time Homebuyer Savings Account Rate effective 03/17/2021. For more information and detailed requirements, visit the Idaho Legislature Website. Borrowers should consult their own tax advisors to determine if they are eligible for tax deductions. Home loan products are available to those who qualify. Terms subject to change without notice. Contact us for details. NMLS License# 441386. Certain membership requirements may apply. The dividend rate and annual percentage yield may change at any time, as determined by the Lookout Credit Union Board of Directors. A list of terms and conditions which apply to the above accounts is available at the Credit Union. Fees could reduce the earnings on the accounts. Lookout Credit Union attempts to update rates immediately whenever a change occurs; however, the listed rates are not guaranteed accurate. | |||
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