Competitive and Secure
Lighthouse Bank offers you Money Market, Savings, and CD accounts which pay extremely competitive rates. Feel secure knowing that your deposits with us are FDIC insured.
For a listing of our current interest rates, click here.
To learn more about FDIC insurance, click here.
Personal Money Market
Minimum Opening Deposit: $2,500
Maintenance Fee: $15
How to Avoid the Maintenance Fee: Maintain an average daily balance of at least $5,000 during the statement cycle.
Activity Fees: $15 for each debit transaction (including ATM transactions) in excess of six (6) per statement cycle.
Interest: The interest rate and APY are tiered, depending on the collected balance at the end of each business day, and may change at our discretion, as often as daily, without prior notice. The rate paid each day depends on the tier into which the end-of-day collected balance falls. No interest is paid on any day the collected balance falls below $0.01.
Personal Savings
Minimum Opening Deposit: $500
Maintenance Fee: $5
How to Avoid the Maintenance Fee: Maintain an average daily balance of at least $500 during the statement cycle.
Activity Fees: $5 for each debit transaction (including ATM transactions) in excess of six (6) per statement cycle.
Interest: The interest rate and APY apply to all balances may change at our discretion, as often as daily, without prior notice. No interest is paid on any day the collected balance falls below $0.01.
Personal Overdraft Savings
Minimum Opening Deposit: $500
Maintenance Fee: $5
How to Avoid the Maintenance Fee: Maintain an average daily balance of at least $500 during the statement cycle.
Activity Fees: $10 for each overdraft transfer during the statement cycle.
Interest: The interest rate and APY apply to all balances and may change at our discretion, as often as daily, without prior notice. No interest is paid on any day the collected balance falls below $0.01.
Certificates of Deposit
Term: Terms of 30 days (180 days for IRA) up to 5 years are available.
Minimum Opening Deposit: $10,000 ($2,000 for IRA)
Account Limitation: Additional deposits (including ACH &Wires) may not be made into a Certificate of Deposit. Contributions are allowed on all IRA accounts.
Withdrawals: All withdrawals are subject to an Early Withdrawal Penalty. Mandatory IRA distributions are excluded.
Interest: Interest is compounded daily and paid monthly.
Additional Benefits on all Savings Accounts
- Complimentary Online Banking
- Account access through your Debit MasterCard
- Ten foreign ATM Surcharges waived per month