Non-Member Deposits
Opportunities to Support Lakota Federal Credit Union
Since the Lakota Federal Credit Union received a low-income designation from the National Credit Union Administration, we are allowed to accept non-member deposits.
If you are not eligible to become a member of the Lakota Federal Credit Union, you can still support us by making a deposit at the Lakota Federal Credit Union. Your deposit, along with others, will be key for us to fund loans, build our reserves, and expand our services. Since your deposit will be federally insured, this is a no-risk investment that can literally change the lives of the Lakota people living on the Pine Ridge Reservation.
The Lakota Federal Credit Union is the only federally insured financial institution on the Pine Ridge Reservation and is providing the tools necessary for our members to build brighter financial futures. Your deposit will help us to deliver affordable and quality financial products to the communities we serve.
We offer the following rates for non-member deposits.
Non-Member Share Certificates $250 - $25,000
| Term | Interest Rate | APY** |
|---|---|---|
| Months | % | % |
| 3 | 2.25% | 2.25% |
| 6 | 2.30% | 2.30% |
| 9 | 2.40% | 2.40% |
| 12 | 4.25% | 4.25% |
| 24 | 0.90% | 0.90% |
| 36 | 1.10% | 1.10% |
| 60 | 4.00% | 4.00% |
Non-Member Share Certificates $25,001 - $250,000
| Term | Interest Rate | APY** |
|---|---|---|
| Months | % | % |
| 6 | 0.75% | 0.75% |
| 12 | 4.25% | 4.25% |
| 24 | 0.10% | 0.10% |
| 36 | 0.10% | 0.10% |
| 60 | 4.00% | 4.00% |
To make your deposit, simply fill out and return our membership application along with your initial deposit. If you have any questions, please do not hesitate to contact us.