HomeLowell Five Cent Savings Bank
Personal Savings Accounts
 

 

Lowell Five offers a variety of account options to help you reach your savings goals.

Once you have selected the account that's right for you, visit your nearest banking center location or click on the button below to open an account.

 

Apply Online

 

 

 

Account Name Minimum
Balance
Transaction Limits Online Banking ATM Access Monthly Fees Account Term Interest
Statement Savings $100

Limited to 6 preauthorized withdrawals per statement cycle.

Yes

Yes

$1.00 (if balance drops below $100) NA Check Rates
Companion Savings* $0 NA Yes

Yes

$0 monthly.

$5 each draw

NA Check Rates
Passbook Savings $0

NA

Yes -

view only

No

$0 NA Check Rates
StartSmart Student Savings $0 NA No No $0 NA Check Rates
Certificate of Deposit (CD)

$500

View Available Terms

No transaction can be made during the terms of the CD. There is a penalty for early withdrawal.

Yes -

view only

No $0 Check Available Terms Check Rates
Money Market $2,500 to avoid fees Limited to 6 preauthorized withdrawals per statement cycle. Yes Yes $5.00 (if balance drops below $2,500) NA Check Rates
Before You Know It Club Account $10 No withdrawals may be made within 40 week period.**  Maximum deposit amount of $15,000.00*** Yes No $0 40 weeks Check Rates

*Companion Savings Account, linked to a EasyWorks, FamilyWorks or CampusWorks checking account.

** If withdrawals are made, account automatically converts to Statement Savings.

***Maximum deposit allowed in 40 week period is $15,000.

One Merrimack Plaza Lowell, MA 01852 | Phone: 978.452.1300 | Fax: 978.441.6534
Copyright . The Lowell Five Cent Savings Bank. All rights reserved.
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