Special Offers & Events

CD Rate Special

CD Rate Special
Earn more on your savings.

Take advantage of special rates when you open a new 24-month certificate of deposit November 1-30, 2017. Open today!

  • Earn dividends at higher rates than a traditional savings account or our everyday CD rates.
  • Guaranteed dividend rate for the term of the certificate.
  • $25,000.00 minimum balance required to open certificate and earn dividends.
  • To qualify for special rates, certificates must be funded with new money (money not currently on deposit at ULFCU and has not been withdrawn from ULFCU in the previous 30 days).

 Visit a branch to apply or call us at 337-482-6956 for details.

*For $25,000.00-$249,999.99 certificate. (can be multiple certificates that add up to $25,000 to $249,999.99). Minimum Balance: A minimum balance of $25,000 is required to open the Certificate of Deposit. Rate Information: The Interest Rate (at which interest is paid on the principal balance) is 1.50% and the Annual Percentage Yield (based on the assumption that interest will remain in the account until maturity) is 1.510%. The interest rate for this account is determined at the discretion of the Bank and is fixed for the term of the certificate.

For $250,000.00 certificate. (can be multiple certificates that add up to $250,000) Minimum Balance: A minimum balance of $250,000 is required to open the Certificate of Deposit. Rate Information: The Interest Rate (at which interest is paid on the principal balance) is 1.75% and the Annual Percentage Yield (based on the assumption that interest will remain in the account until maturity) is 1.764%. The interest rate for this account is determined at the discretion of the Bank and is fixed for the term of the certificate.

For certificate over $250,000.00. (can be multiple certificates that add up to over $250,000). Minimum Balance: A minimum balance of $250,000.01 is required to open the Certificate of Deposit. Rate Information: The Interest Rate (at which interest is paid on the principal balance) is 2.00% and the Annual Percentage Yield (based on the assumption that interest will remain in the account until maturity) is 2.018%. The interest rate for this account is determined at the discretion of the Bank and is fixed for the term of the certificate.

New Money Only: New money deposited into the credit union must not have been withdrawn in the last 30 business days to count as new money. If adding to money currently residing at the credit union, at least $25,000 must be new money to receive the promotional rate.

Interest Compounding: Interest will be compounded monthly and credited on the last business day of the month. If the account is closed prior to the last day of the month, interest accrued but not credited will be forfeited. Interest is calculated by the daily balance method, which applies a periodic rate to the end of day balance in the account each day.

Monthly Statements: A monthly statement is not generated.

Maturity Date: The account will mature 24 months from the date opened.

Renewal and Grace Period: Your Certificate of Deposit will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date at the current regular rate the credit union is offering. You will have a grace period of ten (10) calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period) or we receive written notice from you before maturity of your intention not to renew. If you withdraw the funds during the grace period, interest accrued but not credited will be forfeited. If your account is not renewed, the funds in the account will be paid directly to you. Funds disbursed by a method other than deposit to your checking or savings account are subject to a fee based on the method of disbursement. Please refer to our fee disclosure for more information about our fees.

Early Withdrawal Penalty: Any withdrawal prior to the maturity date will result in a penalty of 6 months’ worth of interest.

How The Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

Transaction Limitations: After the Certificate of Deposit is established, you may not make additional deposits to the account until maturity. Withdrawals from this account are not permitted until maturity without an early withdrawal penalty. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty.

Holiday Loan Special

Holiday Loan Special
Put Some Jingle In Your Pocket

Get the cash this holiday season for whatever is on your wish list. So put away your naughty high-interest rate credit card and apply today!

  • Borrow up to $3,000 as low as 7.50% APR* for 12 months or 7.75% APR* for 24 months.
  • No collateral required.
  • Offer available October 2-December 29, 2017.

Or visit a branch or call our Loan Team at 337-482-6956.

*APR=Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 7.50% APR, pay 12 monthly payments of $86.75 per $1,000 borrowed. At 7.75% APR, pay 24 monthly payments of $45.11 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests.

Holiday Skip-A-Payment

Skip-A-Payment On Your Loan This Holiday

Enjoy extra cash this holiday when you skip your November or December 2017 loan payment.* There is a processing fee per loan skipped of $35 for loan payments of $499.99 or less and $50 for loan payments of $500.00 or more. Applications are available at any branch or click to download.

Or visit a branch or call our Loan Team at 337-482-6956.

Note: The above link is in PDF format. You must have Adobe Acrobat Reader or other program to view the file.

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*Must meet all qualifying criteria. Some loan types are not available for this promotion. Interest will continue to accrue on the loan that you choose to complete a skip-a-payment for. All requests are subject to approval. Contact a loan officer for complete details.

Scholarship

Lafayette Chapter of Credit Unions Scholarship 

Deadline to Apply:  January 31, 2018. 

The Lafayette Chapter of Credit Unions is sponsoring two $1,500 college scholarships. Applications will be accepted from several local credit unions throughout the Acadiana area. The scholarship is available to graduating high school seniors and currently enrolled undergraduate college or technical school students. Any member of University of Louisiana Federal Credit Union that meets the criteria is eligible to apply. A random drawing among all qualified applicants will be held to determine the recipients.

Click here to download the application. 
Applications are also available at any branch location.

Note: The above link is in PDF format. You must have Adobe Acrobat Reader or other program to view the file.

Get Adobe Acrobat Reader DC