Print Printer Icon

Certificates of Deposit (CDs)

Increase your wealth with these traditional savings instruments that pay significantly higher interest rates than savings accounts in return for keeping your money on deposit for a set length of time. With options starting at just $50, you can open a CD at Lake-Osceola State Bank and save as much as you want for as long as you want.

The benefits are twofold — your money is put away where you can't reach it, plus it earns interest. The longer the term, the higher the interest rate. Perfect for people ready to meet short-term financial goals.

  • Only $50 minimum deposit to get started
  • Enjoy greater returns than a savings account
  • Locked interest rates for length of term
  • Your choice of terms ranging from 3 months to 5 years
  • Penalty for early withdrawal
  • Federally insured by the FDIC up to the legal limits

get in touch

LOSB offers three levels of vital protection and restoration.

find out more