DESKTOP HEADER

MOBILE

Savings accounts the whole family can watch grow.

Savings Icon

Personal Savings

Regardless of how you decide to save or invest your money, we can match your savings goals with our insured savings accounts and certificate of deposit accounts. Compare our FDIC-insured savings or CD options or take a look at non-FDIC insured investments available through our service partner, Cetera Investment Services

Basic Savings

A basic savings account for moderate savers.
  • Minimum to open: $200.00
  • $2.00 service fee if minimum balance not met
  • Interest bearing*
  • Online banking & account opening
  • Mobile banking and deposit
  • $200.00 minimum balance required
  • Electronic statements
  • $2.00 service charge if average daily balance goes below $200.00.
  • Electronic statements are free. Monthly paper statement fee of $3 with optional images of your withdrawal and deposit slips.

Premium Savings

A savings account with tiered rates to meet all your savings needs.
  • Minimum to open: $2,500.00
  • $15.00 service fee if minimum balance not met
  • Interest bearing*
  • Online banking & account opening
  • Mobile banking and deposit
  • $2,500.00 minimum balance required
  • Electronic statements
  • No interest earned on balances less than $2,500.00
  • Tiered interest rates at $2,500.00, $10,000.00., $25,000.00, $50,000.00 & $100,000.00+
  • $15.00 service charge if average daily balance goes below $2,500.00.
  • Electronic statements are free. Monthly paper statement fee of $3 with optional images of your withdrawal and deposit slips.

Good Neighbor

Our Premium Savings account plus exclusive travel opportunities for customers aged 50 or better.
  • Minimum to open: $2,500.00
  • $15.00 service fee if minimum balance not met
  • Interest bearing*
  • Available for customers aged 50 or better
  • Exclusive access to discounted international & domestic travel, day trips, and educational opportunities
  • Online banking & account opening
  • Mobile banking and deposit
  • $2,500.00 minimum balance required
  • Electronic statements
  • No interest earned on balances less than $2,500.00
  • Tiered interest rates at $2,500.00, $10,000.00, $25,000.00, $50,000.00 & $100,000.00+
  • Discounted safe deposit boxes
  • 3 official checks per month at no charge
  • $15.00 service charge if average daily balance goes below $2,500.00.
  • Electronic statements are free. Monthly paper statement fee of $3 with optional images of your withdrawal and deposit slips.

Kids Cash Club

Basic Savings account for kids aged 12 and under. No minimum balance requirement after opening.
  • Minimum to open: $25.00
  • No service fees
  • Interest bearing*
  • For kids ages 12 and under
  • Online banking
  • Mobile banking and deposit
  • No service fees or minimum balance required
  • Electronic statements
  • Receive a punch on the Kids Cash Club Punch Card for each $10.00 deposit made into a savings account with a maximum of 10 punches per month
  • Filled punch cards can be redeemed for $5.00 Kids Cash toward prize of choice at any participating business
  • Interest bearing*
  • Electronic statements are free. Monthly paper statement fee of $3 with optional images of your withdrawal and deposit slips.

Teen Savers Club

Basic Savings account for teens aged 13-17. No minimum balance requirement after opening.
  • Minimum to open: $25.00
  • No service fees
  • Interest bearing*
  • For kids ages 13–17
  • Online banking
  • Mobile banking and deposit
  • No service fees or minimum balance required
  • Electronic statements
  • Interest bearing*
  • Electronic statements are free. Monthly paper statement fee of $3 with optional images of your withdrawal and deposit slips.

Certificates of Deposit & IRAs

Term-based, interest-bearing accounts for long-term saving or retirement.

  • Minimum to open: $1,000.00
  • Time deposit account with fixed term and interest rate
  • Early withdrawal fees
  • Higher rate of interest than a traditional savings account
  • 6 month to 5 year terms for CDs, terms vary for IRA plans
  • Online and mobile banking
  • Receive yearly 1099 for interest credits
  • Early withdrawal penalties imposed.

* Variable rate of interest subject to change.
*Must be 18 or older to open an account, or have parent or legal guardian sign.

Certificate of Deposit Rates

Scroll table to the left to see more data.

CERTIFICATE MINIMUM 3,4 Interest Rate (%) APY (%)2
182 Day $1,000 .10 .10
12 Month $1,000 .15 .15
24 Month $1,000 .25 .25
36 Month $1,000 .30 .30
48 Month $1,000 .35 .35
60 Month $1,000 .40 .40

Penalty may be assessed for early withdrawal.

Savings Account Rates

Scroll table to the left to see more data.

BALANCE MINIMUM OPENING DEPOSIT 3,4 Interest Rate (%) APY (%)2
Basic Savings Account, Kids Cash Club, Teen Savers Account 1
$25 .03 .03
Premium Savings Account1
$2,500 – $9,999.99 $2,500 .03 .03
$10,000 – $24,999.99 $2,500 .03 .03
$25,000 – $49,999.99 $2,500 .05 .05
$50,000.00 – $99,999.99 $2,500 .14 .14
$100,000.00+ $2,500 .16 .16

This is a variable rate account; the rate(s) and APY(s) may change after the account is opened.

Rates effective 04-01-2021

1 Fees my reduce earnings
2 Annual Percentage Yield
3 Minimum opening balance
4 Minimum balance to obtain APY

Additional Resources

Saving for your future shouldn’t be complicated. Find our current interest rates on our savings solutions and plan for retirement or college.

Young Couple With Coffee Using Smartphone Together At Park
Lake Region Bank

You are now leaving
Lake Region Bank

Lake Region Bank provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Lake Region Bank, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL