| Months | New Accounts Interest Rate | New Accounts APY+ | Renewal Accounts Interest Rate | Renewal Accounts APY+ |
|---|---|---|---|---|
| 3 Months | 0.05 % | 0.05 % | 0.05 % | 0.05 % |
| 5 Months | 3.93 % | 4.00 % | 0.05 % | 0.05 % |
| 6 Months | 3.93 % | 4.00 % | 0.05 % | 0.05 % |
| 7 Months | 3.93 % | 4.00 % | 0.05 % | 0.05 % |
| 8 Months | 3.93 % | 4.00 % | 0.05 % | 0.05 % |
| 9 Months | 3.93 % | 4.00 % | 0.05 % | 0.05 % |
| 10 Months | 3.93 % | 4.00 % | 0.05 % | 0.05 % |
| 12 Months | 0.05 % | 0.05 % | 0.05 % | 0.05 % |
| 15 Months | 0.10 % | 0.10 % | 0.05 % | 0.05 % |
| 18 Months | 0.10 % | 0.10 % | 0.05 % | 0.05 % |
| 24 Months | 0.25 % | 0.25 % | 0.05 % | 0.05 % |
| 36 Months | 0.25 % | 0.25% | 0.05 % | 0.05 % |
| 6 Month IRA | 3.93 % | 4.00 % | 0.50 % | 0.50 % |
| 9 Month IRA | 3.93 % | 4.00 % | 0.50 % | 0.50 % |
Variable Rate IRAs
| Interest Rate | Annual Percentage Yield+ |
|---|---|
| 0.05 % | 0.05 % |
| Minimum balance to open an account is $100. Minimum to earn APY is $100. | |
| IRA Disclosures |
Savings
| Balance | Interest Rate | APY+ |
|---|---|---|
| Balance = $100 and above | 0.01 % | 0.01 % |
Super Savings
| Balance | Interest Rate | APY+ |
|---|---|---|
| Balance >= $1,000 to < $25,000 | 0.01 % | 0.01 % |
| Balance >= $25,000 | 0.02 % | 0.02 % |
Value and Value Plus Checking Accounts
| Value and Value Plus Checking | Interest Rate | APY+ |
|---|---|---|
| Balance >= $1,000 to < $10,000 | 0.00 % | 0.00 % |
| Balance >= $10,000 | 0.02 % | 0.02 % |
+Annual Percentage Yield (APY)
Lusitania Savings Bank uses the daily balance compounding method to calculate the interest on your account(s). The annual percentage yield (APY) on your account assumes that the funds will be on deposit for a full year at the initial rate and that interest is credited to the principal when paid. Interest will be paid monthly. Except for fixed rate deposits, interest rate and annual percentage yield (APY) may be adjusted at any time without notice. No interest will be paid for the days the account is below the minimum amount required. The minimum amount to obtain APY is $100.00 on Savings and IRA Accounts and $500.00 on CDs. The minimum amount to obtain APY on Value Checking is $10,000.00. Fees and/or penalties charged to your account may reduce earnings. Overdraft fees may apply to overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means as applicable. An early withdrawal penalty will be imposed if CD is closed prior to maturity.
The APY is effective as of 04/02/2025.
RATES SUBJECT TO CHANGE WITHOUT NOTICE
