Save more for what matters

  • Choose the level of commitment that’s right for you with a high-yield Luther Burbank Savings CD.

  • $1,000 Minimum Opening Deposit

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  • $1,000 Minimum Opening Deposit

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1 Annual percentage yield (APY) is accurate as of 01/30/23. Certificates of Deposit (CD) are fixed rate, fixed term accounts and the applicable APY and interest rate apply to the initial term. Early withdrawal penalties apply. Fees may reduce earnings. At maturity, these promotional rate Special Certificates of Deposit will automatically renew for the same term into a Standard Certificate of Deposit (CD) at the standard CD interest rate in effect on the maturity date. Rates subject to change without notice. Offer may be discontinued at any time. Business accounts excluded. Contact us for details.

 

Come experience human-centered banking at your local branch or open an account online2. Enjoy peace of mind knowing that your funds are FDIC insured3.

  • Personal

    Whether you are seeking a spending or savings account, our professional bankers are available to discuss product options with you.

  • Business

    We offer business checking and savings accounts as well as certificates of deposit. Or take advantage of our efficient and secure treasury management tools.

  • Lending

    Our team are experts at underwriting multifamily and residential real estate properties, originating loans that meet investors’ and developers’ needs.

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At Luther Burbank Savings, we are committed to supporting the Black community. We celebrate the contributions of African Americans throughout history and will continue to support local organizations that make a difference in Black communities.

As a financial institution, we offer all of our customers a uniquely human-centered banking experience built on trust, respect, genuine care and personalized expertise.

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Who we are

Since 1983, Luther Burbank Savings has provided a boutique banking experience, serving customers across California and Washington. We treat each of our customers as individuals, providing personalized service, customized banking solutions and financial expertise that’s tailored to every person’s unique circumstances.

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Our mission

Banking is a collaboration. At Luther Burbank Savings, we’re here to help our customers thrive so they can reach important milestones and secure their financial future. We exist to offer people a uniquely human-centered banking experience through meaningful relationships that are built on trust, respect, genuine care and personalized expertise. We’re committed to giving every individual customer the resources, support and time they need to grow.

We're here for you

We're dedicated to providing banking solutions and human-to-human support that enables you to manage your money with confidence.

  • Visit Us

    We're in Your Neighborhood

    Find addresses, phone numbers and business hours for your nearest branch.

  • Call Us

    855.903.2479

    Our experts are just a phone call away. Available Monday – Friday, 9am to 5pm (PT).

  • Message Us

    Send a Message or Email

    Submit a message anytime online or email us. Click below to get in touch.

2 Important Information About Opening an Account:

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, or apply for a loan, we will ask for your name, address, date of birth, Social Security number or TIN, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

To learn more about the categories of personal information collected and the purpose for which the information will be used, click here for a copy of our full CCPA Policy.

Luther Burbank Savings is based in California and accounts opened are subject to California law.

Deposits are FDIC insured up to at least $250,000 per depositor, per ownership category.