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.