Avoid Scams

Home improvement scams are unfortunately common and can be financially devastating for homeowners. These scams can range from shoddy workmanship to outright theft of funds. Here are some tips to help you avoid home improvement scams:

Do your research: Before hiring a contractor or home improvement professional, do your due diligence. Research their credentials, check for reviews and complaints online, and ask for references from past clients. Make sure they are licensed and insured.

Get multiple quotes: Don't settle for the first quote you receive. Get at least three quotes from different contractors so you can compare prices and services. Be wary of quotes that are significantly lower than others, as this could be a warning sign.

Get everything in writing: Always get a written contract from the contractor that outlines the work to be done, the timeline, and the cost. Make sure the contract includes payment terms and a clear cancellation policy. Never agree to a verbal contract or pay in cash.

By Adding to Your Certificate

Everyone wants to save & earn more on their money…and we can help you. Once you open any term LAFCU Share Savings Certificate, you can ADD to it up to the amount of the original opening deposit. Depending on the certificate term, there are different rules regarding withdrawals.

To open or add to a Certificate, call us during business hours or visit a branch.

* For Share Certificates opened at 12 months or less, you may make deposits to your account up to the opening balance amount. You may also make one withdrawal of principal (without penalty), in an amount not to exceed $10,000, if you maintain a balance equal to the minimum balance required to open this account. For Share Certificates opened at 12 months or more, you may make deposits to your account up to the opening balance amount, and all withdrawals of principal are subject to a penalty.