Available for residents nationwide, Luana Savings Bank offers a Money Market Account with up to 3.00% APY.
Continue reading below to learn everything you need to know about Luana Savings Bank.
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About Luana Savings Bank
Luana Savings Bank is headquartered in Luana and is the 11th largest bank in the state of Iowa. It is also the 560th largest bank in the nation. It was established in 1908 and as of December of 2021, it had grown to 98 employees at 6 locations.
With such great Money Market rates you can earn big! It provides members with an opportunity to take advantage of high-yield savings products.
|Balance Requirement||APY Rate|
|$0 – $49,999.99||2.58% APY|
|$50,000 – $99,999.99||2.68% APY|
|$100,000 – $249,999.99||2.79% APY|
|$250,000 – $749,999.99||2.89% APY|
|$750,000 and above||3.00% APY|
Luana Savings Bank Money Market
- Account Type: Money Market Account
- Interest Rate: Up to 3.00% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $2,500
- Monthly Fee: $10 ($2,500 Minimum Daily Balance to avoid monthly fee)
- Early Termination Fee: Unknown
Luana Savings Bank ACH Capabilities and Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
|Push||?||?||$250k||6 withdrawals per month|
How to Earn Luana Savings Bank Money Market Rate
- Click on the Apply Now button and apply for an Money Market Account
- Input your info
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank
- The minimum opening deposit is $2,500.
Why You Should Sign Up For This Account
- $2,500 Minimum Daily Balance (to avoid $10/mo fee)
- Up to 6 withdrawals, transfers, or checks per statement cycle
- Variable Interest Rate (traditionally has paid higher rate of return than NOW account)
- Interest Calculated on Daily Balance
- Interest Paid and Compounded Monthly
Check out this offer from Luana Savings Bank and open an Money Market Account to earn a high rate today! All it takes is $2,500 to earn the APY rate, and with no limits you can earn as much as you can!
For more bank offers, see the complete list of Best Bank Rates!
Check back often to see the latest info on Luana Savings Bank Money Market Account.