Companion Savings Account

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 

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.

Companion Savings Account Rate

Rate current as of 01/02/24

Term Minimum to Obtain APY* Maximum Deposit APY
No Set Term $2,500 No Maximum Deposit Value 4.06%
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. 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.



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