Online banking users now have a new option available within the “Transfer” feature called, Rapid Transfer.
Users can add their debit card from another bank and transfer funds instantly to and from the account that card is attached to. The online banking user must be an owner on both the LSB account and the on the debit card being entered.
There is a fee equal to 1.75% of the amount being transferred with a minimum fee of $0.50. The total of the fee is shown as a part of the total transaction before it is confirmed. The fee is not counted towards the daily limit. The fee for receiving funds by rapid transfer is 0.75% with a minimum fee of $0.50.
The daily limit is $1000 / day. If you need the limit raised, please contact us by sending a message in online banking or calling the office at 641-472-9839.
Rapid Transfers can be completed 24/7 including nights, weekends, and holidays.
To add cards and make changes you will need to click on Transfers > Rapid Transfers in the menu on the left side.
