Lawrence Bank Rates & Review

Lawrence Bank Review

The Lawrence Bank is a locally owned community bank in Lawrence, Kansas with two branch locations and an array of financial products and services.

Headquartered in Lawrence, Kansas, Lawrence Bank has over $74 million in assets as of June 30, 2010. The bank has earned a four-star "excellent" rating from Bauer Financial and a B+ rating from the Better Business Bureau. Customer reviews give the bank high marks for customer service. The bank was founded in 2000 and currently has two branches in operation.

Financial products

Lawrence Bank offers multiple options for a savings account or a checking account. Each checking account comes with a free Visa debit card that earns reward points. The STAR checking account and linked savings account allows customers to earn interest on all their funds.

The bank offers an IRA, a money market account with tiered interest rates, and a certificate of deposit (CD) with a range of rates and terms.

Financial services

Lawrence Bank offers trust services and retirement, investment and estate planning. Other services offered by the bank include auto loans, home equity loans, mortgage loans and credit repair loans.

The bank offers business-oriented banking products and services.

Both personal and business banking customers can use the free online banking and bill paying system to manage their accounts, transfer funds, check balances and pay bills. Customers can set up email alerts and schedule recurring payments if desired.

Deposit insurance

The Lawrence Bank has been insured by the Federal Deposit Insurance Corporation since 2000. FDIC coverage for eligible deposits was permanently increased from $100,000 to $250,000 per depositor in July 2010. Joint accounts are insured by FDIC up to at least $250,000 per account holder.

Compare savings account interest rates from Lawrence Bank and hundreds of other banks and credit unions at SavingsAccounts.com.