Multiply your savings efforts by a power of two.
- Pair with any new or existing account
- Earn attractive interest rates
- No time limits
It's Lincoln Savings Bank's very own version of the dynamic duo.
Let us introduce you to a popular pair. First, you open any new line of service or account OR have an existing line of service or account. Once you've done that, you qualify for a special savings account with high-yield interest rates that allow you to access funds anytime you need them.
- Have or open an existing account or line of service with us
- Qualify for a Companion Savings Account and fund it
- Minimum deposit of $2,500 required to open a Companion Savings Account
- High yield savings, similar to a CD
- No time limits on Companion account deposits
- Access account funds through digital banking, at ATMs and at Lincoln Savings Bank Iowa branches
- Track savings progress through Online and Mobile Banking
Companion Savings Account Rate
Rate current as of 08/01/2025
Term | Minimum to Obtain APY* | Maximum Deposit | APY |
---|---|---|---|
No Set Term | $2,500 | No Maximum Deposit Value | 3.00% |
*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. Interest compounded quarterly. APY = Annual Percentage Yield. Fees could reduce the earnings on the account. Rates may change after account is opened. Minimum balance to open account is $2,500.