Deposit Rates

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Value Checking Interest Rate Annual Percentage Yield+
Balance >= $1,000 to < $5,000 0.00 % 0.00 %
Balance >= $5,000 0.05 % 0.05 %
Minimum balance to open an account is $100.

Certificates of Deposit/IRAs RENEWAL ACCOUNTS NEW ACCOUNTS
Interest
Rate
APY+ Interest
Rate
APY+
3 Months
0.25 % 0.25 %
0.20 % 0.20 %
5 Months
0.25 % 0.25 %
0.20 % 0.20 %
6 Months
0.25 % 0.25 %
0.20 % 0.20 %
9 Months
0.50 % 0.50 %
0.45 % 0.45 %
10 Months
0.35 % 0.35 %
0.30 % 0.30%
12 Months
1.00 % 1.00 %
0.95 % 0.95 %
24 Months
1.24 % 1.25 %
1.19 % 1.20 %
36 Months
1.49 % 1.50 %
1.44 % 1.45 %
$2,500 minimum balance to open an account; $500 for minors/$1,000 CD IRAs.
Seniors 60+ with direct deposits receive +0.10 higher on CD rates.
A 90/180 day penalty will be applied to early withdrawals on Certificates of Deposit 12 months or less/over 12 months.
* IRA Disclosures

Variable Rate IRAs* Interest Rate Annual Percentage Yield+
0.50 % 0.50 %
Minimum balance to open an account is $100.
* IRA Disclosures

Savings Accounts Interest Rate Annual Percentage Yield+
Balance >= $100 to < $5,000 0.05 % 0.05 %
Balance >= $5,000 to < $10,000 0.05 % 0.05 %
Balance >= $10,000 to < $25,000 0.10 % 0.10 %
Balance >= $25,000 0.10 % 0.10 %
Minimum balance to open an account is $100.

Super Savings Accounts Interest Rate Annual Percentage Yield+
Balance >= $1,000 to < $25,000 0.10 % 0.10 %
Balance >= $25,000 0.20 % 0.20 %
Minimum balance to open an account is $25,000 with a checking account or mortgage.

+Annual Percentage Yield (APY)
Lusitania Savings Bank uses the daily average 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 Accounts and $500.00 on CDs. The minimum amount to obtain APY on Value Checking is $5,000.00. 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 07/17/17.

RATES SUBJECT TO CHANGE WITHOUT NOTICE

Lusitania Savings Bank