Credit union · NCUA insured
Locomotive & Control Employees Federal Credit Union Savings Rates
Locomotive & Control Employees Federal Credit Union’s best savings rate is 0.20% APY on $10,000, with its Regular Shares. Rates checked October 16, 2026.
How Locomotive & Control Employees Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Erie, PA, where Locomotive & Control Employees Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Locomotive & Control Employees Federal Credit Union
0.20%APY
- Requires
- None
- Minimum
- $5
- Earns on $10,000 a year
- $20
Regular Shares
Top rate
Northwest Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
2nd-highest rate
Huntington Bank
3.25%APY
- Requires
- Another account
- Minimum
- $100
- Earns on $10,000 a year
- $325
Locomotive & Control Employees Federal Credit Union savings score
69
Savings score
Higher than 23% of U.S. banks and credit unions
- $1,000 balance$1,0000.20%
- $10,000 balance$10,0000.20%
- $100,000 balance$100,0000.20%
- QualifiedQualified0.20%
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 Locomotive & Control Employees Federal Credit Union 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.
Regular Shares
0.20%APY
Share of ownership in credit union. Compounded and paid quarterly based on average daily balance.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25 and upVariable rate. Compounded quarterly. Minimum balance of $25.00 required. Required minimum deposit of $5.00.$25 and up | 0.20% | $20 | Variable rate. Compounded quarterly. Minimum balance of $25.00 required. Required minimum deposit of $5.00. |
Sources (2)
All captured Oct 6, 2026
Special-purpose accounts
Individual Retirement Accounts
1.00%APY
Includes Traditional and Roth IRAs. Dividends calculated on average daily balance and paid quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate. Compounded quarterly. No required minimum deposit.Any balance | 1.00% | $100 | Variable rate. Compounded quarterly. No required minimum deposit. |
Sources (2)
- locomotivecontrolefcu.com/savings/retirement-accounts
- locomotivecontrolefcu.com/savings/savings-rates
All captured Oct 6, 2026
Christmas Club
0.20%APY
Deposits can be made for any amount. Checks sent out the third week of October unless hold or transfer requested.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate. Compounded quarterly.Any balance | 0.20% | $20 | Variable rate. Compounded quarterly. |
Sources (2)
All captured Oct 6, 2026
Vacation Club
0.20%APY
Deposits can be made for any amount. Compounded and paid quarterly based on average daily balance.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate. Compounded quarterly.Any balance | 0.20% | $20 | Variable rate. Compounded quarterly. |
Sources (2)
All captured Oct 6, 2026
Who can join Locomotive & Control Employees Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to employees and retired employees of General Electric Co., and employees of Wabtec Corporation, Erie Cotton Products, Presque Isle Rehabilitation & Nursing, and Dusckas, Dusckas-Martin and Edward J. Garr funeral homes.
Family and household
- Membership is open to immediate family members including spouse, children, step-children, parents, sisters, brothers, grandparents, and grandchildren.
Cost to join
- A minimum balance share deposit of $5.00 is required in a primary share account.
Membership information collected October 5, 2026.