Savings plans designed to help you actually save
You work hard for your money—we understand that. Which is why, in turn, we’ll work hard to help you reach your long-term financial goals. We have a variety of savings plans to choose from based on your goals and timeframe. So, what are you saving for? Let’s go for it.
Take advantage of our generous APY and watch your money grow.
- LNB Debit/ATM card for 24/7 withdrawals
- $10 minimum opening deposit
- Track your savings with paper statements or e-statements
- $200 minimum balance
- No monthly maintenance fee with a $200 minimum daily balance
- Up to six free electronic debits per month
- Unlimited branch or ATM withdrawals
- Interest accrues daily and is paid monthly
Rate Information – The interest rate and annual percentage yield are included in the Rate Sheet. Your interest rate and annual percentage yield may change. Frequency of rate changes – We may change the interest rate on your account at any time. Determination of rate – At our discretion, we may change the interest rate on your account. Compounding and crediting frequency – Interest will be compounded every day. Interest will be credited to your account every month. Effect of closing an account – If you close your account before interest is credited, you will not receive the accrued interest. Minimum balance to open the account – You must deposit $10.00 to open this account. Minimum balance to avoid imposition of fees – A maintenance fee of $3.00 will be imposed every statement cycle if the balance in the account falls below $200.00 any day of the cycle. Minimum balance to obtain the annual percentage yield disclosed – You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage yield. Daily balance computation method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Accrual of interest on noncash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
Transaction limitations: Transfers from a Classic Savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order to third parties are limited to six per monthly statement cycle. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. A $2.00 mailing fee for paper periodic statements will be waived when the primary account holder meets the age requirement of 55 years or older.
Take your bank with you
Mobile Banking with LNB
LNB Mobile Banking is a fast, easy way to bank when you want, where you want.
(Lyons, NY) – January 18, 2023 – Lyons Bancorp, Inc. (OTCQX: LYBC), the financial holding company for The Lyons National