Selected Loan Rates

 APR as
low as

 New Auto, 3 - 5 year  1.99% APR
 Used Auto, 3 - 5 year  2.24% APR
 Home Equity Line  1.99% APR
 Fixed Home Equity, 5 year  3.84% APR
 Fixed Home Equity, 7 year  4.34% APR
 Signature  8.89% APR
 Boat & RV  4.49% APR
APR=Annual Percentage Rate  
 View All Rates  


Member Cellular Discounts with Sprint

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Financial Statistics as of August 30th, 2014

              Good Financial Habits = Financial Well-Being

Living paycheck-to-paycheck? Don't have a budget? Read this helpful Consumer Credit Service of MD & DE article that will help you put together a plan to achieve your life long financial goals.

IRA Rollover Change



If you are considering rolling over your IRA assets to an existing or new IRA, you need to be aware of an upcoming change that will affect IRA rollovers. The IRS is changing its interpretation of the one per 12 month rule following a recent U.S. Tax Court ruling. With the new IRS interpretation, effective January 1, 2015, you may roll over only one IRA distribution in any 12-month period, regardless of how many IRA’s you own.  Before deciding on rolling over an IRA distribution please consult with a knowledgeable tax advisor. Contact a New Accounts Specialist for additional IRA information.

Home Depot Data Breach

We have been notified by VISA USA that between April 11th and September 7th of this year Home Depot stores suffered a computer network intrusion.  Criminals were able to access credit and debit card information from the Home Depot’s computer system for in-store transactions.  Fraud has been confirmed on cards issued by other financial institutions.  
The information that may have been compromised includes: card number, expiration date and card holder's name. Personal information was not disclosed such as the card PIN, card holders address, social security number, phone #, birth date, and account balances.
LMFCU members who are affected by this issue will be contacted to have their cards replaced at no charge.  If you used your LMFCU Visa check card at a Home Depot store during the period listed above and have not yet been contacted by LMFCU, please contact a member service representative at 800-410-0501 to arrange the free replacement of your card.
For additional information visit Home Depot's website notice:


       Guaranteed Auto Protection (GAP) Enhancement!                                                             



GAP Plus is the protection that we offer should your vehicle be declared a total loss due to an accident, damage or theft. If your vehicle insurance company pays you less than you owe on your loan, GAP Plus will cover the difference owed. For example, if your insurance company pays $13,000 (after your deductible) and your loan balance is $15,500, GAP will cover the $2,500 difference owed on your loan.

Exciting news!! Our GAP coverage, just got better!! Now with our GAP Plus coverage, you still receive all the benefits and features associated with our old GAP coverage, but with one HUGE addition. In the event that your car is totaled, you will receive a $1000 deduction toward your next vehicle loan at LMFCU if financed within 90 days of the GAP Claim Settlement.

GAP PLUS is available when your finance with LMFCU for only $329 for auto and truck purchases.

Click here for additional information about LMFCU vehicle loan services

                       New Service - CU Auto Club!

                         Credit Union Auto Club

LM Federal Credit Union now offers Credit Union Auto Club, a roadside assistance program created exclusively for Credit Union members and provides unparalleled service and unprecedented value. Credit Union Auto Club offers a wide range of roadside assistance services and other travel-related benefits to keep you on the road. The CU Auto Club professional customer service team is just a phone call away and ready and waiting to assist you 24 hours a day, 7 days a week, 365 days a year. They’re always there when you need them. During the enrollment process, "Choose Your Credit Union" Select: Maryland and LM Federal Credit Union - 6039 as the branch.

                  Security Warning: Text Message Scam


We were recently notified of a phishing text message scam apparently claiming to be a "Credit Union Bank alert." Should you receive a text message indicating that your card had been de-activated or suspended, please disregard this message. The Credit Union will never ask you for your card number or any other account information in an unsolicited phone call, email or text message.
If you have inadvertently responded to this text message and entered your account information, please contact a Member Service Representative and we will assist you with securing your account.

                Forget About Postage Stamps! 


No more stamps. No more envelopes. No more bills all over the kitchen table! Internet Bill Pay puts you in control of your finances. LM Federal's safe and secure Internet Bill Pay service lets you pay bills, send money for birthdays and holidays, send checks of any purpose-on a one-time as well as a recurring basis! It's convenient, easy to set up, and it’s free (no fee if you pay a minimum of two bills monthly).  To sign up click on the "Bill Pay" tab within online banking or contact a new account representative. Additional information may be found at here at our Internet Bill Pay page

*Secure 128 bit encryption using SSL technology
*Funds electronically withdrawn from your LMFCU checking account
*The vast majority of payments are submitted electronically in 2-days 
*Schedule payments for future payment
*Review past bill payment history


                 Searching For A New Or Used Vehicle?

 Don’t Forget to Check Out AutoSMART

  • View inventory from auto dealers throughout the U.S.
  • Ability to request a quote on a specific new or used vehicle.(The quote is sent to multiple dealerships)
  • Build your own new vehicle and request a price quote.
  • Ability to perform a side-by-side comparison of several vehicles.
  • Updated JD Power ratings and vehicle reviews
  • New and used vehicle pricing.
  • Vehicle specifications, warranty, recalls & technical service bulletins.
  • Integrated Credit Union loan rates, lending program information and our online loan application.
  • Extensive credit & credit score tips, financial calculators & advice.
  • Easy access through the web or on your smart phone with the AutoSMART mobile app.
Click here to access AutoSMART!

            Fast Loans With E-Signatures!


We now offer e-signatures for new loans! If you are unable to visit the Credit Union office you will receive an electronic copy of your documents by secure e-mail, sign electronically and you're done! Your loan can be disbursed upon receipt of your electronic documents. You can complete your documents using any pc or other device, including a smart phone. 

Auto & Truck Loan Information

Boat & RV Loan Information

Home Equity Loan Information  



Just about all financial institutions offer an online bill payment service. Many offer this service free of charge, including LM Federal Credit Union. Our Internet Bill Payment system, like other providers, also provides the ability to electronically transfer funds from your LMFCU account to your account at another institution. UNLIKE other many other providers, we do NOT charge a fee when you transfer funds to your account elsewhere. Our service also provides the ability to transfer funds to another person's account at another institution, as well as gift payments and charitable donations.  


                      Account Activation Text Scam


 Fraudulent text messages are increasingly being sent to consumers in an effort to steal personal account information. A recent text example: “Federal Credit Union ALERT: Your CheckCard has been temporarily LOCKED. Please call Card Services line (407) 574-2992”. Other phone numbers have also been listed. DON’T CALL! To contact LMFCU use the number listed on the back of your card.


                                    Reverse Mortgage Advice


   If you’re 62 years of age or older, a reverse mortgage may offer the money you need to supplement your retirement income, to pay healthcare expenses, finance home improvements, or even pay off your current mortgage. Click here for additional information from the Consumer Credit Counseling Service of MD & DE.  

                                      Card Security Upgrade

As part of our continuing effort to bring the best technology and service to our members, During the month of June LM Federal Credit Union is upgrading our card Fraud Detection and Notification System. The new system will provide more immediate attention to notify our members faster when fraud is suspected. The notification portion of the system includes a state-of-the-art automated assistant to help our members review transactions and confirm their spending activity on Visa check cards and ATM cards.

If you receive a notification call from our automated assistant, whom we have nick-named Jill, please work with her to answer questions regarding recent card activity. Please also be aware that our Card Member Security team that provides fraud alert management is available 24 hours per day, 7 days per week should you need assistance from a live agent.
If suspicious transactions are identified as fraudulent, calls will be transferred to our Card Member Security group to help you take the necessary precautions to protect your cards and related accounts. If the recent activity is legitimate, members will be able to close the case with the phone attendant using their touch-tone phone.

Please contact us with any questions at 410-687-5240 or 800-410-0501.



Get A Great Vehicle With Enterprise Car Sales

Buying a used car or truck can save you money because a new car experiences its greatest loss in value within the first 12 to 18 months. A used car can have a lower purchase price with lower monthly payments.
Millions of used rental cars are sold annually in the U.S. Many were passed directly to auctions and on to used car dealerships. However, Enterprise selects tens of thousands or vehicles for their own car resale business. These used cars represent the "cream of the crop" and are often considered some of the best used cars on the market. Enterprise vehicles offer the following benefits:

  • Great selection: The typical used car for sale is only one to two years old. Many makes & models are available.
  • One owner: Enterprise has a commitment to expertly maintaining their vehicles
  • Low mileage: Used rental cars often have less than 40,000 miles.
  • Reasonable, no haggle prices: Vehicles sold by Enterprise Car Sales are offered at low prices, typically below retail value.
  • 12-month/12,000 mile limited power train warranty*
  • 7-Day Repurchase Agreement* Change your mind? Take it back!
  • Vehicle Certification: Vehicles have passed a 109 point inspection by an ASE certified technician
  • Free Carfax reports

Maryland Locations: White Marsh (866) 832-0969, Glen Burnie (888) 287-6516, Lanham (888) 227-9289, Rockville (888) 227-9313

Click here to visit the Enterprise Car Sales website.

Used vehicles previously part of Enterprise short-term rental and lease fleet or purchase by Enterprise from other sources, including auto auctions, with previous use possibly short-term rental, lease or other.
* Restrictions apply, for details see an Enterprise Car Sales Manager.




Wanted: Member Feedback!

Have you had a great experience with LM Federal Credit Union that you would like to share? We love to hear how we're doing and appreciate all feedback from our members! Email us at with your stories of our great member service.
Thank you for your membership & support!



 LM Federal's Financial Statistics as of August 30th, 2014:


Assets: $31,172,243 Deposits: $28,628,636 Loans: $22,649,664
Reserves: $2,265,746 Members: 3,301  

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& LM Federal Credit Union

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