Lincoln Savings Bank CDs

Certificate of Deposit (CD)

CDs or Certificates of Deposit are a great way to save large sums of money for a designated period of time. The minimum deposit for a CD at Lincoln Savings Bank is $2,500 and must be invested for at least 21 months. You will not be able to transfer more money into this account until it reaches the age of maturity.

Lincoln Savings Bank (LSB) has always taken pride in providing competitive rates on CDs. We offer a variety of terms to fit your time-frame and financial goals. We also offer limited time CD Specials - see below for rates and terms.  Call or stop in today to your nearest LSB location - these special rates won't last forever!

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.

What is a Certificate of Deposit (CD)?
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.
Certificate of Deposit (CD) Specials
Term Minimum APY Interest Rate  
21 Months $2,500 1.41% 1.40% None
$2500 minimum deposit, interest compounded quarterly and at maturity, after account is opened you may not make deposits into the account until the maturity date, this account will automatically be renewed at maturity for 24 months. If renewed, you have a grace period of ten (10) calendar days after the maturity date to withdraw the funds, without being charged a penalty.
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