Personal Savings/CDs
| Statement Savings |
Savings Plus |
Young Adult Savings |
|
|---|---|---|---|
| Minimum Balance |
$100 | $1000 | None Minimum $25 to open |
| Service Fee | $5 per quarter if daily balance is less than $100 any day of the statement period | $7/month if daily balance is less than $1,000 any day of the statement period | None |
| Statements | Quarterly | Monthly | Annually |
| Transaction Limitations | Unlimited | Limited to 3 free transactions per month; $5 per transaction after 3 | Unlimited |
* You may make up to (6) transfers from your account each four (4) weeks or similar period, if by pre-authorized or automatic transfer, or telephone (including data transaction) agreement, order or instruction. Transfers and withdrawals made in person by messenger, by mail or at an ATM are unlimited.
Regular Statement Savings
With a low minimum balance requirement, you can begin earning interest1 on your savings. A great place to start for new savers!
Savings Plus
The more you save, the more you earn on the Savings Plus account. With a tiered interest rate1 you can maximize your earnings quickly and effectively!
Young Adult Savings
A special savings account for young adults under 18 years old. Enjoy no minimum balance with no monthly fees while earning interest1. A great place to start for your first account with Liberty.
Certificates of Deposit (CDs)
Certificate of Deposit are an excellent way to invest for the future. With low minimum balance requirement of $500 all of our CDs pay a competitive interest rate1 and are generally FDIC insured to $250,000.
Individual Retirement Accounts (IRAs)
Choose from an IRA Savings Account or a CD. Liberty Bank Minnesota offers you several choices of IRAs including ROTH, Traditional, Simple and Spousal. We do not have any hidden fees attached to your IRA – completely free! Consult your tax advisor to determine which plan you would benefit from and see us today!
Savings Account Overdraft Protection
Utilize your savings account as overdraft protection on your Liberty checking account. For a nominal fee of $2.00, we will cover your overdraft balance from your savings account automatically!
1) Interest is subject to change at institution's discretion.