Funds Transfer

Funds transfer allows members to automatically move funds from one LGFCU account to another.

• Members can make recurring transfers for any specific time frame (weekly, bi-weekly, monthly), number of occurrences or dollar amount.
  
• Transfers can be made to or from Share, Money Market Share, or Checking accounts.
  
• Loan payments made by funds transfer are given the payroll deducted rate (one-half percent discount).
  
• Funds transfer for loan payments may be used only when payroll deduction is not available.
  
• Credit card payments can be made through funds transfer (a set monthly payment must be transferred, even though the minimum payment amount for the credit card may vary).