Savings and CD Services
Statement Savings
Traditional account to save money, earn interest, and have convenient access to your funds.
$25 minimum to open
$200 minimum balance to avoid a quarterly charge of $6.00
Balance fee may be waived for individuals under age 18 and/or students
Interest paid on balance of $100.00 or more
Hi-Yield Savings Savings
Premium -Fifty Savings
Tiered account that allows you to save money, earn the most interest, and have convenient access to your funds.
$2500 minimum to open
$2500 daily minimum balance requirement to avoid monthly service fee of $5.00
Tiered interest rates - based on balance
Interest paid on balance of $100.00 or more
Rite Advantage Savings
Premium tiered account that allows you to save money, earn high premium interest, and have convenient access to your funds.
$25,000 minimum to open
$2500 daily minimum balance requirement to avoid monthly service fee of $5.00
Tiered interest rates - based on balance
Interest paid on balance of $100.00 or more
Christmas Club
Interest bearing account with interest being compounded at the end of Christmas Club season. A check will be issued.
$5.00 minimum to open
$5.00 fee for each premature withdrawal
Health Savings Account (HSA)
The concept of HSA combines an affordable qualified High Deductable Health Plan and a tax-favored health savings account. The combination results in savings through lower health care premiums and a reduction in taxable income. The HSA grows tax-deferred, and if you use your HSA funds for eligible medical expenses, you never have to pay taxes on those funds. Click Here for more details.
Certificates of Deposits (CD)
Logansport Savings Bank's Certificates of Deposits (CD) bears a maturity date, a specified fixed interest rate, and be issued in any denomination with a minumum opwening deposit of $1000.00. THe term of a CD generally ranges from 91 days to 60 months. Additional deposits of $1000 or more may be made to existing CD without changing maturity date or interest rate. Click "Here" for current interest rates.
Individual Retirement Accounts (IRA)
Logansport Savings Bank offers a variety of IRA products including Traditional, Roth, Educational, and the new HSA. Call or stop in to obtain full details.
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Logansport Savings Bank FSB
723 East Broadway
Logansport, IN 46947
Logansport Financial Corp. is the holding company for Logansport Savings Bank.