Saving for Life’s Moments
Savings for Every Season of Life
Saving money looks different at every age and stage of life. With Savings for Every Season of Life, Ladysmith Federal makes it easier to find a savings account that fits your goals, your family, and your future. Whether you are helping a child start their first savings account, building an emergency fund, setting money aside for a special purchase, or planning for long-term financial needs, this page can help you explore your options.
At Ladysmith Federal, we believe saving should feel simple, local, and personal. Customers can use savings accounts to separate money from everyday spending, prepare for unexpected expenses, save for holidays or vacations, teach children good money habits, or work toward larger financial goals over time. No matter what you are saving for, our team is here to help you understand available account options and choose an account that makes sense for your needs.
This page is designed to provide helpful information about Ladysmith Federal savings accounts, account features, interest-earning options, and local banking services. From young savers to adults planning ahead, a savings account can be an important step toward building confidence with money.
When you open a savings account with Ladysmith Federal, you are choosing a local financial institution that values personal service, trusted guidance, and community connection. Explore our savings account options below or contact our team for help getting started by giving us a call at 715-532-3389.
| Smart Savings | Money Market Savings | Junior Savings | Christmas Club Savings | |
|---|---|---|---|---|
| Ideal customer | For savers who maintain lower balances | For savers who maintain higher balances and want a higher interest rate | For savers who are 18 years old or younger | For savers who want to set aside money for the holidays at a premium interest rate |
| Minimum opening deposit | $10 | $1,000 | $0 | $0 |
| Monthly balance to maintain | $10 | $1,000 | None! | None! |
| Monthly fee | $1 (if account balance falls below $100) | $2 (if account balance falls below $1,000) | None! | None! ($5 dormancy fee charged if account is dormant for 1 year) |
| Number of free withdrawals per month | unlimited | 3 (additional withdrawals cost $1 each) | unlimited | None (full balance is sent via check in mid-October) |
| Free Online Banking |  |
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| Free direct deposit | |
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| Savers card incentive (to earn gift certificates to local businesses) | |
Savings Accounts
| Savings | Min. Opening Deposit | Interest Rate | APY* |
|---|---|---|---|
| Smart Savings | $10.00 | 0.20% | 0.20% |
| Money Market Savings | $1,000.00 | 0.55% | 0.55% |
| Junior Savers | $0.00 | 1.00% | 1.00% |
| Christmas Club Savings | $0.00 | 2.30% | 2.32% |
Interest Rates as of February 2, 2026.