Savings
Hunting for a safe place to stash your cash?
When it comes to finding the right place to save or invest, it’s a jungle out there. But here at Lakewood Bank, we make it easy, with a wide range of Savings and Investment programs.
Click on the link here for more info, and let us help you get that financial monkey off your back.
MONEY MARKET GOLD SAVINGS
- Variable rate interest bearing account - interest is compounded and credited monthly
- Interest rate tiered to account balance. Contact us for current interest rates:
- Up to $4,999.99
- $5,000 - $9,999.99
- $10,000 - $24,999.99
- $25,000 - $49,999.99
- $50,000 - $99,999.99
- $100,000 and above
- $1,000 minimum balance required to avoid service charge
- Service Charge - $10.00 if below minimum anytime during the month
- ATM card available at no charge
- Free automatic/telephone transfer service
- Fees may reduce earnings
STATEMENT SAVINGS
- Variable rate interest bearing account - interest is compounded and credited monthly
- $50 minimum balance required to avoid service charge
- Service Charge - $1.50 per quarter if below minimum anytime during the quarter
- ATM card available at no charge
- Free automatic/telephone transfer service
- Fees may reduce earnings
LAKEWOOD JUNIOR SAVER’S ACCOUNT
- Variable rate interest bearing account - interest is compounded and credited quarterly
- No minimum monthly balance required
- For customers under age 18
- Fees may reduce earnings
CERTIFICATES OF DEPOSIT
People today are looking for investment opportunities to maximize their hard-earned dollars.
Everyone needs some type of liquid, low risk investment in their portfolio. Many are finding that Certificates of Deposit make an excellent short or long-term choice for any purpose, from buying a new car to saving for retirement.
Our CDs are designed to give you competitive rates, combined with the safety and security you associate with this popular investment. For your convenience, we offer many options, including a broad range of maturity dates, a choice of interest-payment options…and more!
Whatever your investment goals, we have CDs to match. Our experienced staff will help you select the best alternatives to meet your current and future needs. Remember…with a CD from Lakewood Bank, you can relax knowing your deposit and the interest earned are insured to the maximum amount allowed by the FDIC.