• Statement Savings
• Statement Christmas Club
• Johnny Eagle
• Platinum Savings

Statement Savings
This account is the long-running favorite for many Lincoln Bank customers.

Features:

• Minimum to open account is $25.00.
• $2.00 monthly service charge is waived with a daily account balance of $200 or more.
• Minimum daily balance to earn interest is $1.00.
• Variable interest rate may change at any time.
• Daily balance method is used to calculate the interest on the account.
• Four withdrawals per month free of charge ($2.00 fee for each withdrawal over four).
• Interest is compounded at calendar quarter, and credited to account at calendar quarter.
• Quarterly statement or combined with checking monthly.
• Direct deposit/automatic withdrawal is available.
• Sweep to checking for overdraft protection available ($5.00 per sweep).
• Can receive electronic deposits (will generate a monthly statement).
• Can view balance and activity online with Lincoln Online Banking.

Benefits:

• Earns interest on low balances.
• Convenient access to funds.
• Access funds through your debit card if you also have a Lincoln Bank checking account.
• Flexibility - Low minimum balance required to avoid service charge and still earn interest.

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Statement Christmas Club
If you like the discipline of saving money toward Christmas purchases, Lincoln Bank’s Christmas
Club account will help you do that. You can open your account with as little as $1, and interest is earned on every dollar. The Christmas Club is convenient and there’s no need to open a new account from year to year as long as a deposit is made between November 1st and January 1st.

Features:

• No monthly service fee.
• Minimum to open account is $1.00.
• Minimum daily balance to earn interest is $1.00.
• Interest is compounded quarterly, and credited to account quarterly.
• Daily balance method is used to calculate the interest on the account.
• $5.00 penalty for each withdrawal prior to check distribution in October.
• Variable interest rate.
• Account is closed on October 25th and interest is paid to that date; no deposits may be made between Oct. 25-31.
• If a deposit is made prior to January 1, customer may retain prior year's account number.
• Direct deposit is available.

Benefits:

• Saves money by offering a low initial commitment of funds.
• It only takes a dollar to open and maintain an account. Who doesn't have a dollar?
• Competitive interest rate – earns money.
• Convenient. No need to open a new account from year to year as long as that deposit is made between Nov.1 and Jan.1.

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Johnny Eagle

Features:

• Statement savings account for children and adolescents.
• Minimum to open account is $10.00.
• No minimum daily balance to earn interest.
• Four withdrawals per month free of charge ($2.00 fee for each withdrawal over four).
• Variable interest rate may change at any time.
• Interest is compounded quarterly, and credited to account quarterly.
• Daily balance method is used to calculate the interest.
• Available to children at birth through 18 years of age
  [IUTMA (Indiana Uniform Transfer to Minor Account) until child signs].
• Free newsletter, birthday cards and gifts to members.
• Annual donation made to the Eagle Society by Lincoln Bank.

Benefits:

• Great start for children to understand banking.
• Teaches children the value of saving. It's fun.
• Kids receive newsletters, birthday cards and gifts.
• Donation to Eagle Society is a great lesson about supporting the environment and makes the kids feel as if they make a contribution.
• Relationship builder for parents/grandparents.
• No minimum balance requirements.

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Platinum Savings
Platinum Savings is a great alternative to our Money Fund if you don’t need to write checks and you want to earn a higher rate on liquid funds. With this flexible account, you can earn competitive rates without having to tie up your funds for a specific time period.

Features:

• Minimum of $5,000.00 to open.
• Minimum daily balance of $5,000.00 to earn APY.
  • Balances below $5,000.00 on any given day accrue at the Statement Savings rate.
• No monthly maintenance fee if $5,000.00 AVERAGE DAILY BALANCE is maintained.
  • $10.00 fee imposed for accounts with less than $5,000.00 average daily balance for the statement period.
• Three (3) withdrawals per month allowed with out a fee.
  • Withdrawals in excess of three per month are charged at $2.00 each.
• Telebank access.
• Can access through ATM if customer also has a checking account and the savings is added to the Debit card.
• FREE Lincoln Online Banking Access.
• Combined statement option.
• Rate is variable.
  • Tiered rates as follows:
  • Less than $5,000.00
  • $5,000.00 - $24,999.00
  • $25,000.00 - $99,999.00
  • $100,000.00 - $249,999.00
  • $250,000.00 +

Benefits:

• Earns a higher income on funds on deposit. A great alternative to the Money Fund if the customer does not desire check writing privileges and wants to earn a higher rate on liquid funds.
• Earns a higher rate than the money fund product and still has liquidity.
• Offers flexibility. Customer can earn competitive rates without having to tie up their funds for a specific period of time.
• Great alternative to riskier investments such as mutual fund, stock market, etc.
• Peace of mind. Depositors are FDIC insured up the FDIC maximum.

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