Savings & CD Services

Statement Savings-FREE for minors and students*

Traditional account to save money, earn interest, and have convenient access to your funds.

• $25 minimum to open
• $200 minimum balance to avoid a quarterly charge of $6.00
• Balance fee may be waived for individuals under age 18 and/or students, military, & direct deposit
• Interest paid on balance of $100.00 or more
• ATM only debit card   

Right Advantage Savings

Premium tiered account that allows you to save money, earn high premium interest, and have convenient access to your funds.

• $2500 minimum to open 
• $2500 daily minimum balance requirement to avoid monthly service fee of $5.00 
• Tiered interest rates - based on balance - balances over $25,000 are paid higher interest
• Interest paid on balance of $100.00 or more 

Christmas Club

Interest bearing account with interest being compounded at the end of Christmas Club season. A check will be issued.

• $5.00 minimum to open
• $5.00 fee for each premature withdrawal

Health Savings Account (HSA)

The concept of HSA combines an affordable qualified High Deductible Health Plan and a tax-favored health savings account. The combination results in savings through lower health care premiums and a reduction in taxable income. The HSA grows tax-deferred, and if you use your HSA funds for eligible medical expenses, you never have to pay taxes on those funds. More about HSAs.

• No Monthly Service Fees** 
• Competitive interest with termed Certificate of Deposit 
• Free Debit Card 
• Free Checks

Certificates of Deposits (CD)

Logansport Savings Bank's Certificates of Deposits (CD) bears a maturity date, a specified fixed interest rate, and be issued in any denomination with a minimum opening deposit of $1000.00. The term of a CD generally ranges from 91 days to 60 months. Current interest rates.

Individual Retirement Accounts (IRA)

Logansport Savings Bank offers a variety of IRA products including Traditional, Roth, Educational, and the new HSA. Call or stop in to obtain full details.

*All minor and/or student accounts require a legal guardian.
** Early closure fees may apply.