Interest, It's Meaningful Again! And You Could Earn More with Luminate Bank

Luminate Marketing Team • May 31, 2023

Interest, It's Meaningful Again! And You Could Earn More with Luminate Bank

Are you tired of earning negligible interest on your hard-earned money while it sits in your bank account? Are you content with leaving potential earnings on the table? How much could you really be earning if your bank offered competitive interest rates?

In today's financial landscape, finding a bank that truly values your financial well-being can feel like searching for a needle in a haystack. If you're like most people, you might be earning a measly 0.10% or even less on your deposits. But what if we told you that you could be earning thousands of dollars annually without any fees, instead?

Welcome to Luminate Bank, where we believe in making your money work harder for you. We invite you to challenge the status quo and explore the possibilities of maximizing your earnings as we shine a light on how Luminate Bank's Brighter Checking account can help you unlock substantial interest earnings.

Reclaim the Power of Your Deposits

Consider this—how much are you paying your bank every year by simply leaving your deposits with them? We're not just talking about account fees; we're talking about the potential interest you could be earning on your hard-earned money.

In today's typical banks, a checking account often yields a paltry 0.10% interest rate or even lower. But imagine if you or your small business maintained an average balance of $100,000. With Luminate Bank's Brighter Checking account, you could earn up to $2,000 annually—without any fees! And the benefits only grow from there.

If your checking account holds $250,000 (the insurable limit from the FDIC for a single account holder), you could earn an impressive $5,000. And if you have a cool million? That's $20,000 in interest in your pocket. These numbers may be simplified, but they shed light on the importance of seizing the opportunity to earn meaningful interest.

Unlock Your Financial Potential

Now, pause for a moment and let those figures sink in. Can you afford to leave $2,000, $5,000, $20,000, or potentially even more on the table? That's real money, and it's time to take charge of your financial future. That’s where we step in – to help you make the most of your deposits and unlock your financial potential.

But what it is that makes us different than other local banks near you? Well, quite a few things!

Up-to-Date Technology: With the Luminate Bank mobile app, you can use Mobile Deposit to quickly and safely deposit checks into your account without needing to visit a physical branch. Additionally, our surcharge-free ATM network gives you easy access to your funds wherever you are.
Meaningful Interest Rates: We believe that your money should work harder for you. Our Brighter Checking account offers competitive interest rates that surpass the industry average, allowing you to maximize your earnings and watch your money grow.
A Community Connection: As a community bank, Luminate Bank is deeply rooted in fostering relationships and supporting local businesses and individuals. When you join Luminate Bank, you become part of a close-knit community that values your goals and financial success.
Consistency and Trust: We believe that consistency is one of the key ways we build trust with our customers. We want you to fully understand the value of your banking relationship and make informed decisions about your finances. We do all the work so you don’t have to.

Take Action Today!

Whether you're an individual or a small business owner, it's time to rethink your banking options and choose a bank that prioritizes your financial success.

Don't let your hard-earned money go to waste! Start earning meaningful interest with Luminate Bank's Brighter Checking account. Don’t hesitate to contact us to learn more about how we can help you maximize your savings and achieve your financial goals.

< Older Post

Newer Post >

Luminate Bank Welcomes Josh Eifert as CFO

By Luminate Marketing Team • February 4, 2025

Luminate Bank® Welcomes Josh Eifert as Chief Financial Officer, Honoring Legacy of Dave Turk [Minneapolis, Minn.] – [2/4/2025] – Luminate Bank® is proud to announce the appointment of Josh Eifert as its new Chief Financial Officer, succeeding Dave Turk, who has played a pivotal role in shaping the company's strong financial foundation. Josh brings a wealth of experience and strategic vision to Luminate Bank, with 26 years in the banking industry. Most recently, Josh served as CFO at Tradition Capital Bank in Edina, Minnesota, where he led the financial strategy during its remarkable growth from $300 million to more than $2.5 billion in total assets. Before his tenure as CFO, Josh contributed to Tradition Capital Bank in other key financial roles. He began his career with Norwest and Wells Fargo Banks, gaining extensive expertise in financial and operational capacities. Luminate Bank's leadership transition reflects the company's thoughtful succession planning, ensuring its financial strategies remain robust and forward focused. Under the leadership of Dave Turk, Luminate Bank has built an exceptional financial infrastructure, delivering consistent results and creating a foundation that positions the company for continued success. Luminate Bank's CEO, Marc Campbell, shared his confidence in the appointment: "Josh not only brings exceptional financial acumen and strategic insight to Luminate Bank, but he also embodies the principles that define our organization: integrity, innovation, and a steadfast commitment to excellence," Luminate Bank's CEO, Marc Campbell, shared with confidence. "His leadership will ensure our financial strategies succeed and inspire confidence across all who depend on us." "I am honored to join Luminate Bank at such an exciting time. The company's remarkable history of financial excellence and its forward-thinking approach align perfectly with my values and vision," stated Josh Eifert. "I look forward to collaborating with the talented leadership team to build on this strong foundation and drive continued success for our customers, employees, and stakeholders." Josh graduated from the University of Minnesota with a degree in finance and completed the Graduate School of Banking at Colorado. CEO Marc Campbell expressed gratitude for retiring CFO Dave Turk's contributions, saying, "Dave has been instrumental in positioning Luminate as a financial leader. His dedication, insight, and stewardship will always be a part of our company's legacy." Josh Eifert will officially assume his role on February 18, 2025. About Luminate Bank® At Luminate Bank, We Open Doors—empowering individuals and families to achieve their financial dreams through personalized service and innovative digital solutions. As a nationwide bank headquartered in Minneapolis, Minnesota, we are committed to helping our clients meet their financial goals with a blend of modern technology, traditional values, and the trusted guidance of experienced professionals. Known for our exceptional commitment to customers, we take pride in delivering a seamless, supportive experience for every step of the journey. Our dedicated mortgage division has branches and a team of loan originators across the US, making expert home financing solutions accessible to communities nationwide. Luminate Bank is committed to safeguarding your money and accounts with FDIC insurance coverage up to applicable limits. Learn more about how we can open doors for you at www.luminate.bank , follow us on Instagram, LinkedIn, and Facebook, or call (952) 939-7200. For media inquiries, please contact: Debbie Schwake, CMO debbie.schwake@luminate.bank

Big News! We’re Becoming Luminate Bank—Here’s What It Means for You

By webadmin • January 17, 2025

Here at Luminate Home Loans, we’re always looking for ways to offer more value to our clients and partners. That’s why we’re thrilled to announce that we’re now a wholly owned subsidiary of Luminate Bank®—and soon, we’ll officially transition under the Luminate Bank® name.