How it works:

• Use your LCU Debit Card to make everyday purchases (excluding ATM and cash advance transactions) and round up the change to the nearest whole dollar amount
• At the end of every business day we will transfer the total round up amount to your Loot Saver account automatically
• Earn 5% APY on balances up to $1,000
• Must have a Personal Checking Account
• Must have a debit card linked to checking
• Balances over $1,000 earn our basic share dividend rate
• Transfer money out of your Loot Saver at anytime

When you open a Loot Saver you authorize Latah Credit Union to add Loot Saver to your personal checking account, which has a Latah Credit Union Debit Card tied to it. This authorization will apply to all Latah Credit Union Debit Cards connected to the checking account. All rounded up funds will be transferred to the Loot Saver Account. You can enroll in this service at any Latah Credit Union branch, by calling your local branch during normal business hours, or you can send us a secure message while logged into your online banking.

By enrolling in this service, you understand that the round up transfers will not be posted immediately, but will be totaled daily and posted as a single transfer from your Checking account to Your Loot Saver Account at the end of each business day. You further understand that on any given day if your Checking account does not have sufficient funds, the round up transfer will not occur. In the event any Latah Credit Union Debit Card purchase is canceled or reversed after the round up transfer has occurred the corresponding transfer will remain in your Loot Saver Account. You cannot add funds to the Loot Saver. You can withdraw the funds from your Loot Saver at any time. You may cancel this authorization at any time through online banking, visit any Latah Credit Union location, or call us at 1-855-775-2824. You understand and agree that Latah Credit Union may cancel or modify the Loot Saver product at any time without prior notice to you.

*APY = Annual Percentage Yield