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LPECU Share Accounts Regular Shares-The dividend rate and annual percentage yield may change every dividend period. We may change the dividend rate for your account as determined by the credit union board of directors. Dividends will be compounded daily and will be credited to your account every month.  If you close your account before dividends are paid, you will not receive the accrued dividends. The minimum balance required to open this account is $25.00. Dividends are calculated by the daily balance method which applies a periodic rate to the balance in the account each day. Dividends will begin to accrue on the business day you make a deposit to your account. During any month, you may not take more than six days worth of transfers to another credit union account of yours or to a third party by means of a preauthorized, automatic transfer, telephone order,E-commerce or E.M.M.A (Electronic Member Multiple Access). If you exceed the transfer limitations set forth above, your account will be subject to fees by the credit union. The par value of a share in this account is $25.00, and held for the life of the account. Vacation Club - No more than two withdrawals are allowed per calendar year. If more than two withdrawals are made from this account, the account will be closed. Holiday Club - No withdrawals are allowed from this account. If a withdrawal is made prior to disbursement, the account will be closed. Upon maturity (October 1) the proceeds in this account will be automatically transferred to your regular share account.
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© 2002 Lancaster Postal Employees Credit Union. All Rights Reserved. Privacy Policy | Terms of Use "This credit union is federally insured by the National Credit Union Administration." 
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