Companion Savings Account

Multiply your savings efforts by a power of two.

  • Pair with a CD
  • Earn attractive interest
  • No time limits

It's our very own version of the dynamic duo.

Let us introduce you to a popular pair. First, there's the Certificate of Deposit, which outearns a regular savings account - as long as you commit your money for a certain time period. Once you have one of those, you qualify for a special savings account that features CD-like rates but allows you to access funds anytime you need them.

  • Get a high-yield Lincoln Savings Bank CD with a savings period ranging from six months to five years
  • Open a Companion Savings Account and fund it up to the amount of your CD
  • High yield like a CD
  • No time limits on Companion account deposits
  • Access account funds through digital banking, at ATMs and at Lincoln Savings Bank branches
  • Track savings progress through Online and Mobile Banking 

Protect Yourself: Please do not send any of your vital account information or sensitive personal information on this online form. This includes account number, login ID, passwords, Social Security Number or birthdate. This form is NOT a secure form of communication.

Limited-Time Companion Savings Account Rate

Rate current as of 2/28/2023.

Term Minimum to Obtain APY* Maximum Deposit APY
No Set Term $2500 Equal to the Amount Held in Certificates of Deposit 3.03%
Minimum to Obtain APY*
Maximum Deposit

Monthly maintenance service charge of $2.50 unless the account owner is under 23 years of age or a $250 average daily balance is maintained for the month.

Lincoln Savings Bank is a full-service Central and Northeast Iowa bank dedicated to local customers and communities since 1902.