Savings
Current rates
0.25% APY
IRA/Coverdell Savings
.01% APY
Daily share savings
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
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.
Primary Savings
Earn dividends on your savings account balance.
Daily Share
Earns monthly dividends based on the average daily balance in your account.
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
Here's a great way to save money to help pay for your child’s education!
Coverdell Education Savings accounts can include both Share and Certificate investment options to save for a child's higher education. Contributions can be made at anytime, and when the child withdraws the funds for higher education, they will not pay taxes on the withdrawals.
For more information about savings accounts and options, please visit us at any Lookout Credit Union branch or contact us. We'd love to hear from you!
Open a Savings Account
For more information about savings accounts and options please visit us at any Lookout Credit Union branch or contact us. We'd love to hear from you!
Ready to get started?
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Members Love Us
"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 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 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
"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 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 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 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
"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 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 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 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