Credit union · NCUA insured
LGWFCU Savings Rates
Top CarrotLGWFCU’s best savings rate is 1.00% APY on $10,000, with its Money Market. Rates checked October 15, 2026.
How LGWFCU’s savings rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where LGWFCU has the most branches. $10,000, best rate first.
This credit union’s best
LGWFCU
1.00%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $100
Money Market
Top rate
Leaders Credit Union
3.50%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $350
2nd-highest rate
FirstBank
3.40%APY
- Requires
- Another account
- Minimum
- $50
- Earns on $10,000 a year
- $340
LGWFCU savings score
84
Savings score
Higher than 67% of U.S. banks and credit unions
- $1,000 balance$1,0000.20%
- $10,000 balance$10,0001.00%
- $100,000 balance$100,0001.50%
- QualifiedQualified1.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where LGWFCU ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market
1.00%APY
Dividends compounded and paid monthly. Primary Share rate paid if balance drops below $3,000.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $3,000 | 0.20% | — |
| $3,000 – $100,000 | 1.00% | $100 |
| $100,000 and up | 1.50% | — |
My Savings
0.20%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.20% | $20 |
Sources (2)
All captured Oct 5, 2026
Regular Share
0.20%APY
Primary savings account. Dividends compounded and paid monthly. Minimum balance of $5.00.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.20% | $20 |
Sources (3)
- lgwfcu.com/rates-3
- lgwfcu.com/savings-accounts
- lgwfcu.com/wp-content/uploads/…/Rate-Sheet-9-1-2026.pdf
All captured Oct 5, 2026
Special-purpose accounts
Max Money
1.00%APY
For children under 18 years old.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $500For balances up to $500.00. | 6.00% | — | For balances up to $500.00. |
| $500 and upFor balances over $500.00. | 1.00% | $100 | For balances over $500.00. |
Sources (2)
All captured Oct 5, 2026
IRA Account
1.00%APY
Includes Traditional and Roth IRA account options.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 1.00% | $100 |
Sources (3)
All captured Oct 5, 2026
Christmas Club
0.20%APY
Payroll deduction available. No limit on withdrawals; no fee for withdrawals. Dividends compounded and paid monthly.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $5 and up | 0.20% | $20 |
Sources (3)
- lgwfcu.com/rates-3
- lgwfcu.com/savings-accounts
- lgwfcu.com/wp-content/uploads/…/Rate-Sheet-9-1-2026.pdf
All captured Oct 5, 2026
Who can join LGWFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Memphis Light, Gas & Water employees are eligible to join LGWFCU.
- Memphis Light, Gas & Water retirees are eligible to join LGWFCU.
Family and household
- Immediate family members (spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling, and adoptive relationships) of Memphis Light, Gas & Water employees and retirees are eligible to join LGWFCU.
Membership information collected October 5, 2026.