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Louisiana Corporate Credit Union

Product Highlights

Money Market Account

The Money Market Maximizer Account (S-005) offers competitive overnight rates with the flexibility of unlimited deposits and withdrawals. This account provides credit unions with the opportunity to increase earnings on overnight balances in excess of daily settlement requirements. Louisiana Corporate pays an extremely competitive rate.

MBL Consulting through CUBG, LLC

CU Business Group is a credit union service organization dedicated to helping credit unions succeed in serving their member businesses.

Current Rates

All rates are indications as of November 6, 2024

SHARE & LOAN RATES
Category Rate
S-005 Money Market Maximizer
(SEE MONEY MARKET MAXIMIZER S-005 SECTION)		 -
S-010 Full Member 0.75%
S-015 Associate Member 0.25%
S-055 Perpetual Contributed Capital (PCC) 4.75%
L-010 Full Member Loan 5.60%
MONEY MARKET MAXIMIZER (S-005)
Category Rate
Up to $249,999.99 4.00%
$250,000.00 to $4,999,999.99 4.91%
$5,000,000.00 to $9,999,999.99 4.93%
$10,000,000.00 to $14,999,999.99 5.01%
$15,000,000.00 to $22,000,000.00 5.11%
Over $22,000,000.00 0.75%

***In accordance with NCUA deposit concentration regulations, the portion of account balances over $22 million may be accommodated in our FRB Excess Balance Account at a rate of 4.90%. Contact us for more details.

SHARE AND LOAN RATE AVERAGES
Share/Loan Averages for October 2024
Category Rate
S-005 Money Market Maximizer Rate See brackets
$250,000 and under 4.00%
$250,000.01 to $4,999,999.99 4.75%
$5,000,000.00 to $9,999,999.99 4.95%
$10,000,000.00 to $14,999,999.99 5.00%
$15,000,000.00 to $22,000,000.00  5.11%
Over $22,000,000.00 0.75%
S-010 Full Member 0.75%
S-015 Associate Member 0.25%
S-055 Perpetual Contributed Capital(PCC) 4.70%
S-056 Non-Perpetual Capital (NCA) N/A
L-010 Full Member Loan 5.65%
CERTIFICATE OFFERINGS & SimpliCD RATES

Please call for most current rates or we will email upon request.

View All Rates

A service-oriented financial partner for credit unions

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Holiday Closures

As a reminder, Louisiana Corporate's office will be closed on Monday, November 11, 2024 for Veterans Day, a Federal Reserve holiday.

Voicemail messages may be left anytime at (504) 838-8250 or (800) 421-7030. Email messages may be sent to lacorp@lacorp.com. All messages will be accessed when the office reopens. Access to automated services; i.e. Premier View, CorpACH, e-bill pay, etc. will remain available during regularly scheduled hours. Any transactions requiring intervention by LaCorp staff will be processed as soon as possible during office hours.

Happy Holiday from the staff of Louisiana Corporate!

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