Certificate of Deposits, CD Savings, What is a Financial CD

Certificate of Deposits (CD)

Certificate of Deposits (CD)

What is a Certificate of Deposit?

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.

Customized Certificate of Deposits (CDs) from Lincoln Savings Bank are a great way to save large sums of money for a designated period of time. To find out how much you could earn over time, use our CD Calculator

Saving for something? Contact us to get the most current rate!

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Please DO NOT send any of your vital account information or sensitive personal information on this form. This includes account number, login ID, passwords, social security number or birthdate. This form is NOT a secure form of communication.

Your CD monies with Lincoln Savings Bank 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 the CDARs website.

*APY = Annual Percentage Yield. $2,500 minimum balance required to obtain APY. Public funds are not eligible for this offer. Interest will be compounded and credited to your account quarterly and at maturity. Early withdrawal penalties will apply. Fees may reduce earnings. APY is accurate as of 6/18/2018 and is subject to change without notice.

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