Begin. It's never too early to start saving

Mighty Bucks

We think this is the perfect savings account for children and young adults, because it’s never too early to start saving. Get your kids started off on the right financial foot by teaching them to save and manage their money responsibly by opening a MIGHTY BUCKS savings account at LSB.  You’ve got to be 18 years old or younger to qualify, the minimum balance requirement is small, and it pays a competitive variable rate of interest on deposits (compounded daily on your full balance and credited quarterly on your statement date.).  You can find the rate right here on our website.  MIGHTY BUCKS account holders even receive monthly paper statements, so even our youngest customers can watch their money grow!

• Must be under the age of 18
• $5.00 deposit to open
• Competitive variable rate of interest (Rate info available here)
• Quarterly paper statements

If you think a MIGHTY BUCKS savings account from La Salle State Bank might be the right savings account for you, contact one of our Personal Bankers for more information.

Build.Watch your money grow

Community Savings

Like our Community and Community Premier checking accounts, the COMMUNITY savings account is LSB’s gimmick-less savings account.  If you don’t need anything fancy, but you just want a simple, solid savings account that pays a good rate, then the COMMUNITY savings account might be right for you.  You will earn a competitive rate of interest (rate available here) that is compounded daily on your account balance and paid quarterly so you earn a higher yield.  All deposits, withdrawals, interest earned and ATM transactions will appear on your mailed quarterly statement or your e-Statement.  Plus, with a COMMUNITY savings account, you’ll get access to our very convenient mobile and online banking products.

Here are some of the additional features of the COMMUNITY savings account:

• $50 deposit to open
• Convenient e-Statements or quarterly paper statements
• Mobile and online banking
• StateFone usage (Get account balances, transfer money between LSB accounts, register your debit card from your phone by calling 815-223-8801.  Password required.)
• Competitive variable rate of interest (Interest compounded daily on your full balance and credited quarterly on your statement date.)
• ATM card

If you think a COMMUNITY savings account from La Salle State Bank might be the right savings account for you, contact one of our Personal Bankers for more information on this account and all of our other great deposit account options.

Community Money Market

It’s like a checking account and a savings account had a baby. The COMMUNITY MONEY MARKET account offers the convenience and flexibility of a checking account with the high interest rate of a savings account. This account is meant for customers who need ready access to their larger deposit balances, so a Certificate of Deposit isn’t a good fit, but these customers also want to earn a higher interest rate on their deposits than a regular savings account offers. With a COMMUNITY MONEY MARKET account, you’ll get six checks to use per month, your funds will earn a competitive interest rate (see the rate here), and you’ll have access to our very convenient mobile and online banking products. This account does require a higher initial deposit, requires a higher minimum average deposit, and a maintenance fee can apply if you fall short of the balance requirement, but the COMMUNITY MONEY MARKET account is a convenient way to have access to your funds while earning interest.

Here are some of the additional features of the COMMUNITY MONEY MARKET account:

• Competitive tiered variable rate of interest (Interest is computed by using the daily balance method and is credited to the account monthly on the statement cycle date.)
• ATM card
• Convenient e-Statements or monthly paper statements
• Mobile and online banking
• StateFone usage  (Get account balances, transfer money between LSB accounts, register your debit card from your phone by calling 815-223-8801.  Password required.)
• Maintenance fee may apply  (A maintenance fee of $8 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below the minimum balance as indicated in your account category.  The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.  The $8 maintenance fee is waived by maintaining the minimum average daily balance of $1,000 for the monthly statement cycle.)

If you think a COMMUNITY MONEY MARKET account from La Salle State Bank might be the right way to save for you, contact one of our Personal Bankers for more information.