Liberty Savings Bank Review
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Liberty Savings Bank Reviews

Bob Phillips


Bob Phillips

Savings Bank Without a Credit Check
Savings Bank Without a Credit Check
About Liberty Savings Bank

Liberty Savings Bank was founded in 1889 in Highland County, Ohio, and was initially named the Lynchburg Building and Loan Association. In the late 1960s, Lynchburg Building and Loan Association merged with Superior Loan and Building to form Highland Savings Association.

The company continued to grow and strengthen, and when a third office was opened in nearby Wilmington, in Clinton County, Ohio, the name was changed to Liberty Savings Association. The Powell family acquired the company in September 1984, renaming it Liberty Savings Bank, a Federal Savings Bank.

Liberty Savings Bank now has branch offices in Sarasota, Bradenton, and Venice, Florida. Additionally, the bank also offers online banking for U.S. residents. It is family-owned.









Liberty Savings Bank Online Banking Review

Liberty Savings Bank’s online banking service is designed for individuals who want to make deposits and pay bills via the Internet. The Liberty Savings Bank app provides these capabilities, as well as a means to reach Customer Support.

Liberty Savings Bank Online Banking Highlights


Min 1.00%


Over 55,000







Pros & Cons

  • No hidden fees for checking and savings accounts
  • Competitive interest rates
  • Offers early payment feature with direct deposit
  • Out-of-network ATM activity is charged $3 per transaction
  • No weekend customer service hours

Account Type

  • Checking
  • Savings
  • Certificates of Deposit (CD)

Liberty Savings Bank Checking Highlights


No minimum


Min 1.00%

Liberty Savings Bank Savings Highlights


No minimum

Pros & Cons

  • High interest rate
  • Nationwide network
  • FDIC-insured
  • 24/7 online banking
  • Limited ATM access
  • Limited branch locations


Account APY

  • Free Checking: None
  • Bundled Checking” 1.00%
  • Savings (Bundled or Non-bundled): 0.50%
  • High-Yield Savings: 3.50%

Features Benefits & Rewards

  • Add-on Savings Account earns 0.50% APY when bundled with a checking account.
  • Get paid up two days early.
  • Free Liberty Visa debit card.
  • Free online and mobile banking, deposit, and bill pay.

Account Types

Liberty Savings Bank offers two checking accounts and two savings accounts.

Account Type Key Features Bonuses
Free Checking
  • No minimum balance or monthly fee
  • Comes with fee-free Visa debit card
  • Get paid up to two days early
  • Free access to 55,000+ ATMs in the Allpoint network
  • Free online and mobile banking
Big Interest Bundle Checking Account
  • 1.00% APY for checking account
  • No minimum balance or monthly fee
  • Comes with fee-free Visa debit card
  • Get paid up to two days early
  • Free access to 55,000+ ATMs in the Allpoint network
  • Free online and mobile banking
0.50% APY on regular savings account when bundled with checking account if customer settles/clears 12 debit card point-of-sale transactions each month and receives bank statements by email
Convenience Savings
  • Low minimum balance required
  • No monthly fee if the minimum balance is maintained
  • Interest is paid on the entire balance
  • Funds are accessible at branch locations and ATMs nationwide
High-Yield Savings Account
  • 3.50% APY
  • No fees
  • 24/7 online access to account and funds


Opening an Account With Liberty Savings Bank

The Liberty Savings Bank checking and savings accounts can only be opened on the Liberty Savings Bank website. The High-Yield Savings Account is opened on the SaveBetter website.

To open a High-Yield Savings Account:

Liberty Savings Bank Step 1: Submit email address and create a password.
Screen 1

Step 1: Submit email address and create a password.

State Availability

Available in all states

Customer Support

The Liberty Savings Bank customer support team can be contacted by email, phone, or through the Liberty Savings Bank app.

Phone Support
(800) 436-6300
Mon - Fri
9:00 AM - 4:00 PM EST
Sat - Sun

In Conclusion

Liberty Savings Bank has three physical branch locations in Florida and provides online banking nationwide. The bank is FDIC insured and offers a variety of checking and savings accounts. Their high-yield savings account is provided through SaveBetter, which works with a network of banks throughout the U.S.


Can I link my SaveBetter high-yield savings product to my Liberty Savings Bank app?
You cannot link your SaveBetter account to a third-party app like the Liberty Savings Bank app at this time.
Is my money FDIC insured with Liberty Savings Bank?
Yes, your money is FDIC insured with Liberty Savings Bank up to $250,000 per depositor.
Do I have to visit a Liberty Savings Bank office to get the high-yield savings account?
No, the high-yield savings account can be opened 100% online or over the phone. You simply link your Liberty Savings Bank account from which you fund the savings account.

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Bob Phillips

Having spent over fifteen years helping people plan their lives financially, Bob has a vast amount of knowledge concerning personal finance. During his career, Bob mastered many different financial products to help people achieve their financial goals, including life insurance, disability insurance, mutual funds, and stocks and bonds. He earned the Chartered Life Underwriter (CLU) designation and held numerous securities licenses. Bob is an internationally published poet and is now a freelance writer living in North Texas with his wife and Doberman puppy.