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 

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%
Term
Minimum to Obtain APY*
Maximum Deposit
APY

*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.