Savings

Lehman Brothers Bank offers a wide variety of savings options, all with competitive rates. Every depositor is FDIC Insured up to $100,000. The combination of savings products you choose should balance your need to access your funds with your desire for a high rate of return. For a full legal description of the products listed below, please click on the Terms and Conditions for each product.

PREMIUM MONEY MARKET ACCOUNT

A Premium Money Market Account gives you an interest rate comparable to a savings account while letting you write checks:

  • Competitive interest rates, compounded daily and posted monthly
  • Easy access: up to six withdrawals per month (maximum of three checks)
  • No monthly fee (with average balance of $1000 or more)
  • May be linked to certain accounts for Overdraft Protection

Terms and Conditions       target="_top">Apply Now

WEALTHBUILDER ACCOUNT

With a market rate of interest and a broad array of deposit options, the WealthBuilder Account gives you a strong incentive to save:

  • Competitive interest rates, compounded daily and posted monthly
  • Flexible access: ATM card, one withdrawal per month
  • No monthly fee (with average balance of $500 or more)
  • Direct deposit, mail-in deposit, electronic transfer
  • Unlimited transfers to other Lehman Brothers Bank accounts

Terms and Conditions       target="_top">Apply Now

CD (Certificate of Deposit)

With high returns, flexible terms and a low minimum deposit, a CD is ideal for your short-term and long-term savings needs.

  • Competitive interest rates, compounded daily and posted quarterly
  • Flexible terms and maturities
  • Low minimum deposit requirement of $1000
  • May be combined with an IRA RetirementBuilder (traditional or Roth)

Terms and Conditions       target="_top">Apply Now

IRA RETIREMENTBUILDER

Our IRA RetirementBuilder (traditional IRA or Roth IRA) combines the tax benefits of an IRA with the security of a CD.

  • Competitive interest rates, compounded daily and posted quarterly
  • Flexible terms and maturities
  • Low minimum deposit requirement of $1000
  • Available with a Traditional IRA or Roth IRA

Terms and Conditions       target="_top">Apply Now

 

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