Companion Savings Account

Get a high-yield Companion Savings account with us and earn over 8x the national average on your savings!

Make your money work for you.

  • High interest rates
  • No maximum deposit limit
  • Liquid funds with basic limitations

The Perfect Companion is a... Savings Account?

Just like a puppy makes for a great companion, LSB's new and improved Companion Savings Account is the perfect companion for your existing or new LSB account!

LSB Companion Savings Account Rate: 3.56% APY

National Savings Account Average Rate: 0.40% APY (a)

Yes, you read that correctly. Lincoln Savings Bank now offers a savings account that yields an interest rate 8 times higher than the average competitor!

Here's how it works:

  • 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 Certificate of Deposit
  • Access account funds through digital banking, at ATMs* and at Lincoln Savings Bank Iowa branches
  • Track savings progress through Online and Mobile Banking 

*Transfers from a Savings account to another account or to third parties by pre-authorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order are limited to six (6) per calendar month.

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.


(a) FDIC. (2021, September 14). National Rates and Rate Caps - Weekly Update. Retrieved from