Rates

LCSB Deposit Rates

Rates Effective As Of: 10/11/2018

Account Type

Minimum Amount to Open

Range of Balances / Term

Interest Rate

APY %*

Checking
Preferred Plus$1000.10%0.10%
Business Plus$1000.10%0.10%
Golden Value$1,0000.10%0.10%
Savings
Savings$1000.20%0.20%
Money Market$100$0.01 - $9,9990.20%0.20%
$10,000 - $24,9990.25%0.25%
$25,000 - $99,9990.30%0.30%
$100,000 & Over0.35%0.35%
CDARs
$50,000.0013 Weeks (3 mos)1.91%1.93%
26 Weeks (6 mos)2.06%2.09%
52 Weeks (1 yr)2.25%2.28%
104 Weeks (2 yr)2.65%2.69%
156 Weeks (3 yr)2.74%2.79%
260 Weeks (5 yr)2.85%2.90%
CDs
07 - 29 days0.10%0.10%
30 - 59 days0.10%0.10%
60 - 89 days0.25%0.25%
90 - 119 days0.40%0.40%
120 - 149 days0.40%0.40%
150 - 179 days0.40%0.40%
180 - 364 days0.60%0.60%
12 - 17 mo0.85%0.85%
18 - 23 mo0.90%0.90%
24 - 29 mo1.10%1.11%
30 - 35 mo1.20%1.21%
36 - 47 mo1.30%1.31%
48 - 59 mo1.40%1.41%
60 mo +1.85%1.87%
IRAs
6 mo - 364 days0.60%0.60%
12 mo - 23 mo0.85%0.85%
24 mo - 35 mo1.10%1.10%
36 mo - 47 mo1.30%1.31%
48 mo - 59 mo1.40%1.41%
60 mos and over1.85%1.86%

*

Checking/Savings Annual percentage yield (APY) These are variable rate accounts. The interest rate and annual percentage yield may change after account opening. No minimum balance is required to obtain the APY. Fees could reduce earnings on the account. Interest accrues on all collected balances. Interest is paid on the entire balance. These rates may change at any time without prior notice.

CD Annual percentage yield (APY)After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account. Minimum opening deposit $1,000.00.

CDARs Annual percentage yield (APY) Interest compounds daily paid at maturity, except terms greater than one year. Minimum $50,000. Substantial penalty imposed for early withdrawals. An LCSB relationship checking account required. Rates subject to change. Public funds not eligible. Additional restrictions may apply. Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement describing the placement of funds by us with other FDIC insured institutions in amounts under $250,000. CDARS is a registered service mark, One Bank. One Rate. One Statement is a service mark of Promontory Interfinancial Network, LLC.

IRA Annual percentage yield (APY) These rates may change at any time without prior notice. After your IRA is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account. If you are under age 59 and receive an IRA distribution, additional penalties may apply. For additional IRA disclosures refer to the bank for the Individual Retirement Custodial Account Agreement. $100 Minimum Deposit (Compound Monthly) $100 Minimum Balance to Obtain the Annual percentage yield (APY)