Competitively priced bank products are one component of the mission of Lewiston State Bank.  Lewiston State Bank offers a bevy of bank service and products that provide outstanding rates of return.  As an example, the bank currently offers an 18 month CD that has an interest rate of 2.73% APY.  The two year CD leaps up to an interest rate of 3.09% APY.  And for a shorter term CD, the bank markets a one year CD with an interest rate of 2.37% APY.  All of these CD interest rates are based on a minimum deposit of $1,000.00.  Larger deposit amounts yield slightly higher interest rates.  The 18 month CD interest rate increases to 2.83% APY with a deposit of $5,000.00 or greater and the interest rates will further increase to 2.93% APY on this bank CD if the deposit amount is $100,000.00 or larger.

Lewiston State Bank offers additional savings products including a tiered rate money market account.  The money market account starts at an interest rate of 1.46% APY with a balance between $1,000.00 and $2,499.99.  The interest rate rises to 1.56% APY for balances between $2,500.00 and $9,999.99.  The interest rate continues to rise for balances between $10,000.00 and $24,999.99 to 1.66% APY.  Two more jumps in the balance can bring the interest rate up to 2.32% APY with balances that stand between $250,000.00 and $499,999.99.

The daily balance method, which simply measures the amount of the principal in the account each day, is used for interest calculation on all account types.  All certificates of deposits may be subject to early withdrawal penalty.  These CD and money market rates are good as of December 29th, 2008.  Interest rates are subject to change.  The bank promotes several products and interest rates on their website at www.ls-bank.com.  To reach a bank representative by phone, call 800-233-6510.

Lewiston State Bank has three branch bank locations.  Two bank branches are in Utah and one bank branch in Idaho.

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