SAVINGS

piggybank SAVINGSSavings Account
Whether you need to put away money for a rainy day or you want to save up for your dream car, Bank of Lexington has the right account for you. With immediate availability of your funds and access to Online Banking, saving can be easier than you think.

  • Start saving today
  • $100 minimum opening deposit
  • Minimum balance of $100 during statement cycle ($5 quarterly fee if daily balance falls below $100)
  • Limit of six withdrawals per month (subject to $3 transaction fee per item over six)
  • Interest is compounded daily and credited quarterly
  • Free Online Banking
  • Free E-statements
  • Free 24 hour automated telephone service- “On Call”

Choice Savings

Tis the season to be saving…….

Are you saving for the Holiday season? Or a much needed vacation? Or even to pay taxes? Bank of Lexington’s Choice Savings Account might just help you reach the goal you want to meet. On October 31st of each year, Bank of Lexington will take all the funds in the account (including accrued interest) and send them to you in the form of a check. So once the Holidays roll around, or it is the time to take a vacation, or you want to get a head start on your taxes, you’ll be glad the “choice” was yours to save.

The choice can be yours

  • Accessible ONLY through direct deposit or automatic transfer from another Bank of Lexington deposit product
  • No withdrawals are allowed
  • Interest is compounded daily and credited quarterly
  • Free Online Banking
  • Free 24 hour automated telephone service – “On Call”

Money Market

Investing money in the stock market seems too risky nowadays, but with Bank of Lexington’s money market account, you will find there is no risk at all. Earn a better interest rate on your savings, with easy access to your funds. Interest rates are tiered, the higher your balance the more you can earn. With the benefit of having access to the funds at anytime, you are sure to be getting the best deal around town. So instead of investing in the stock market, invest in BOL’s money market.

  • Minimum opening deposit and daily balance to earn interest is $2,500; $9.00 monthly fee if daily balance falls below $2,500 at any time during statement cycle (monthly)
  • Limit of six withdrawals per statement cycle. Subject to excess transaction fees of $5.00 per item over six.
  • Free Online Banking
  • Free 24 hour automated telephone service – “On Call”
  • Free E-statements
  • Tiered interest rate; $2,500 – $24,999; $25,000 – $49,000; $50,000 – $99,999; $100,000 – up
  • Interest is compounded daily and credited monthly