Personal Savings

PERSONAL SAVINGS ACCOUNTS

Whatever your vision — we’ll help you get there.

Personal Savings Accounts

Whether you are saving for a rainy day, or have a specific goal in mind, Lake Area Bank offers you flexible savings accounts that are designed to grow with your changing financial needs and vision.

Want more savings power? Choose our PERKS Premium Savings for maximum growth potential – exclusively for our PERKS Premium Checking customers. Contact a Lake Area Banker to discover the benefits of becoming a PERKS customer.

Minor Savings

(For ages 17 & under)

Lifeline Savings

Money Market Savings

Premium Plus Savings*

ATM Access**

Free eStatements

Free Automatic Recurring Transfers

Free Online Banking^

Free Mobile Banking^

Unlimited In-Person Withdrawals

Minimum to Open

$10

$50

$2,500

$2,500

Minimum Balance

$0

$50

$2,500

$0

Monthly Service Fee if Daily Balance Falls Below Minimum Balance

N/A

$3/month

$10/month

N/A

Interest Bearing

Higher Yield

Highest Yield

Tiered Rates^^

N/A

N/A

up to $2,499.99
$2,500.00 – $9,999.99
$10,000.00 – $49,999.999
$50,000.00 & up

up to $99,999.99
$100,000.00 -$249,999.99
$250,000.00 & up

* This account is only available to customers with a Premium Plus Checking account.
** With ATM or debit card. Card issuance restrictions apply. Talk to a Lake Area Banker for additional information.
^ Third party internet/data fees may apply.
^^ Variable rate of interest, subject to change.

Little Boater’s Club (Minor Savings Account)
All Aboard! Lake Area Bank has a first-rate savings account that encourages kids to save! Our Little Boater’s Club account allows you to cast off the bow lines and jump into waters of banking. Our crew is here to help navigate savings territory along the way.  Account Details:

  • For “sailors” under 18 years of age
  • Minimum balance to open is $10
  • No minimum balance
  • No monthly service charge
  • Competitive interest rate
  • Unlimited in-person withdrawals
  • Earn $5 at account opening
  • Receive a Lake Area Bank piggy bank at account opening
  • Bring in your savings for an annual piggy bank match – up to $10 annually

Interested in a Health Savings Account? An HSA is a tax-exempt account established exclusively for the purpose of paying qualified medical expenses of the account beneficiary covered under a qualified high-deductible health plan (HDHP).

Additional Services

Other products and services offered by Lake Area Bank.

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    From time to time, we provide links to other websites for the use of our customers, which have been compiled from internal and external sources. By clicking “continue” below, you will be opening a new browser window and leaving our website. Although we have reviewed the website prior to creating the link, we are not responsible for the content of the site.

  • You are about to leave lakeareabank.com

    From time to time, we provide links to other websites for the use of our customers, which have been compiled from internal and external sources. By clicking “continue” below, you will be opening a new browser window and leaving our website. Although we have reviewed the website prior to creating the link, we are not responsible for the content of the site.

  • You are about to leave lakeareabank.com

    From time to time, we provide links to other websites for the use of our customers, which have been compiled from internal and external sources. By clicking “continue” below, you will be opening a new browser window and leaving our website. Although we have reviewed the website prior to creating the link, we are not responsible for the content of the site.