What is the minimum balance at LMCU?
Lake Michigan Credit Union requires members to maintain a minimum daily balance of $300 in their standard primary member savings account to successfully waive the monthly maintenance fee. If the daily ledger balance drops below this established threshold during the statement cycle, a modest monthly service charge is assessed. This policy encourages members to keep a stable baseline of emergency funds within their primary savings share while enjoying full deposit insurance and unrestricted liquidity.
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