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Certificates of Deposit (CDs)

A Certificate of Deposit is a great way to put money away and earn a higher dividend rate than you would normally get in a regular share savings account. You may also open an IRA Certificate of Deposit.
Regular CDs are offered for a one year term with dividends paid quarterly. After one year, it matures. If you cash out your CD before maturity, you will forfeit the first three months of interest.

When your certificate matures, you can withdraw all or some of it, or let it roll over into a new certificate at the current market rates.

At maturity, you have the option of having your dividends transferred to your checking or savings account, or automatically added to the certificate after it matures to increase your overall earnings.

You will be notified approximetely 10 days before it matures. If you do not respond to the notice, your CD will automatically be renewed at the current market rates.

CD rates offered are subject to change at any time, as determined by the Board of Directors.

Check out our current rates here.

Loyola University Employees Federal Credit Union
2160 South First Avenue - Maguire Center Maywood, IL 60153
Phone: 708.216.4500 | Fax: 708.216.6546
Loyola Credit Union Routing Number # is 271992141

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Membership in the Loyola University Employees Federal Credit Union (LUEFCU) is open to anyone who works for or is paid by Loyola University Chicago or Loyola University Health System on any campus or location anywhere.

That includes full and part-time Loyola faculty and staff, employees and student employees as well as Loyola affiliates or contractors, plus immediaite family members of these eligible participants.