Lincoln Savings Bank (LSB) has always taken pride in providing competitive rates on CDs. We offer a variety of terms to fit your time-frame and financial goals. We are excited to announce a SPECIAL RATE, available for a LIMITED TIME. Earn 1.15% APY* on a 15 month Certificate of Deposit (CD)! Terms and conditions apply - see below. Call or stop in today to your nearest LSB location - this special rate won't last long!
Your CD monies with LSB are FDIC insured up to $250,000. If you should require FDIC insurance for amounts greater than $250,000, LSB is part of an elite group of community banks who participate in a program called Certificate of Deposit Account Registry Service (CDARS). CDARS provides FDIC protection on your CD money with LSB for amounts up to $50 Million. Your CD monies in excess of $100,000 will be placed in network institutions, providing several benefits to you!
- The Safety and Security of FDIC insurance protection on all your CD money
- A consolidated monthly statement
- A single 1099 at year end
- The same outstanding CD rates that you have come to expect from LSB
Learn more about the CDARS program by visiting one of the video links below:
Quicktime Version: Click here to view the How CDARS Works Video
Windows Media File: Click here to view the How CDARS Works Video
What is a Certificate of Deposit (CD)?
A CD is a savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are insured by the FDIC.
*APY=Annual Percentage Yield. $25,000.00 minimum balance is required. Available for new deposits only. Funds considered to be new deposits cannot have been on deposit at Lincoln Savings Bank for the previous thirty (30) days. Public funds are not eligible for this offer. Interest will be compounded and credited to your account quarterly and at maturity. After account is opened, you may not make deposits into the account until maturity. Early withdrawal penalties may apply. This account will automatically renew for a term of 12 months. APY is accurate as of 08/22/2014 and may be modifed or canceled at any time without notice.