Text Size:

Savings, CDs & IRAs

We offer different account types to fit your needs, as well as a variety of additional services.

View Current Rates

Account Name Learn
More
Minimum Balance To Open Monthly Service Charge Balance To Avoid Service Charge Minimum Balance To Earn Interest

Savings

More» $25 $3 $25 $100

Savings

Simple savings account for all your needs.

  • Interest-bearing savings account
  • Online banking^
  • Mobile banking with mobile deposit available
  • 24/7 telephone banking
  • Choice of electronic or paper notices and monthly statements
  • ATM card with unlimited Lake Sunapee Bank ATM access. Access to the Allpoint ATM Network**

** All non-LSB ATMs (including Allpoint Network ATMs) incur a LSB fee of $1 per transaction. Usage of non-LSB ATMs outside of the Allpoint Network may incur ATM owner/operator fees as well.

^Internet service provider fees may apply.
 Mobile carrier fees for messaging and data plans may apply

Money Market

More» $25 $5 $1,000 $1,000

Money Market

For people who want to earn market rates on a limited demand account while maintaining a higher balance.

  • Higher paying interest rate on a demand account
  • 6 monthly transfers allowed
  • Free VISA Check/ATM card; unlimited ATM transactions
  • Checks imaged monthly with easy to read statement

$5.00 monthly charge if combined balance drops below $1000. Fees may reduce earnings.

Certificates of Deposit

More» $500 N/A N/A $500

Certificates of Deposit

CDs are for people who want a high rate of interest, the security of a guaranteed rate and a fixed term on their deposit.

  • Several terms available
  • High interest rate that is guaranteed for term of certificate
  • Security of knowing your interest is insured, with a guaranteed and known return
  • Interest is compounded monthly
  • Interest is credited to the account the first day of each month
  • Early withdrawal penalties do apply
  • No deposits or withdrawals of principal allowed; interest may be withdrawn
  • $500 required to open the account

CD Enhancements
A simple new way to grow your money even faster. Now you don't have to buy a new Certificate of Deposit whenever you have extra funds you'd like to invest. Buy a Lake Sunapee Bank Add-On CD (1-year or shorter term) and deposit additional funds whenever you wish. The only requirement is that each additional deposit be at least $250. Interest rate and other terms not effected. Start your own automatic CD Savings Program. Simply have any amount you select (over $250.00) automatically transferred to your CD account from any LSB account, or have that monthly check directly deposited to your CD.

Withdrawal of interest may reduce earnings.

IRA

More» $500 N/A N/A $500

IRA

For people under the age of 70 1/2 who want a retirement savings program with the added tax benefits allowed by law.

  • Several IRA types to choose from: Traditional IRA, Roth IRA, Education IRA, SEP IRA
  • Interest earned is tax deferred until the time you withdraw it for retirement; then you are usually in a much lower tax bracket
  • IRA deposit may be tax deductible; see IRA brochure or consult your tax advisor
  • No fees for distributions
  • Year-end statement keeps you abreast of your investment's value