LCEF Demand Certificate

* The State of Washington has adopted a regulatory position that currently prohibits residents of Washington State from opening a new investment unless they are already an LCEF investor.

Benefits & Features

  • Minimum $100 investment to open
  • Additional investments can be made at any time
  • Full and partial redemptions allowed
  • Interest compounded and paid quarterly (March, June, September, December)
  • Quarterly statements
  • Free MyAccount online services, including e-statements

Demand Certificate Rates

MinimumRateAPY *
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.

See all investment rates.

Frequently Asked Questions

  • How can I add to an investment?

    Additional investments may be made electronically through MyAccount (LCEF’s online financial service), wire transfer, ACH or by sending a check with an Investment Slip (PDF).

  • How do I make a partial or full redemption from my LCEF investment?

    Redemptions can be made from investments at any time. Complete the redemption section of the Investment Slip (PDF) and mail or fax to us. Unless otherwise instructed, a check will be issued.

    StewardAccount® holders have the ability to write checks or may have access to their funds via the debit card.

    Term Notes: Redemption of a term note prior to the maturity date may be subject to an early withdrawal penalty, which could result in the loss of principal.

  • How do I make a change to my automatic investment?

    To update your bank information or change the transfer amount, complete the Investment ACH Authorization Form (PDF) and return to us at least 5 business days before the next scheduled transaction date.

    To stop your transfer, write or call us at 800-843-5233. Requests must be received at least 5 business days before the next scheduled transaction date.

  • How do we update the authorized signers for our LCEF investment?

    Visit the authorized signers page for more information on how to keep your corporate investment up to date.

  • Why does LCEF need my personal information to be an authorized signer on an organization or business account?

    We use your personal information to verify your identity when you are transacting on behalf of your organization/business. When you call us to discuss the investment, we will ask you questions based on the personal information you have provided to ensure we are communicating with you. When a signer does not provide us with personal information, we are unable to verify identity. Therefore, we may be unable to assist with phone inquiries or allow enrollment in MyAccount (online financial service).

    Be assured that we treat all information in a secure and confidential manner. Refer to Privacy & Security or contact us at 800-843-5233 with any questions.

  • Who qualifies as an officer for the purpose of completing LCEF documents?

    Documents requiring an officer’s authorization may be completed by any officer who was duly elected by the organization or business they represent. If requested they can provide proof of their election through meeting minutes or other legally binding paperwork.

  • What is MyAccount?

    MyAccount is a secure online service allowing investors and borrowers quick access to their LCEF investment and loan information. Besides viewing balances, account history and accessing eStatements, users may:

    • Make internal and external transfers
    • Reorder checks
    • View check images
    • Make one-time and recurring payments through the Bill Payment option. (Personal users only; must have a StewardAccount)
    • Inform us of address changes (personal users only)
    • Contact us via secure email

    IRA and HSA investments limited to inquiry only access in MyAccount.