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APRIL SHOWERS, MAY FLOWERS, AND YOUR RAINY-DAY FUND

April showers bring May flowers, as the saying goes. It's a beautiful reminder of nature's cycles, but it also holds an important lesson for our financial lives. Just as we prepare for the rain in April, preparing ourselves for unexpected financial storms with a rainy-day fund is crucial.

Life is full of surprises, both good and bad. Unexpected expenses can pop up when we least expect them, leaving us scrambling to cover them. That's where a rainy-day fund comes in handy. Think of it as your financial umbrella, protecting you when life throws a curveball your way. Whether it's a sudden job loss or a home repair, having money set aside can provide peace of mind and help you weather the storm with less stress.

But how much should you save? Financial experts typically recommend setting aside three to six months of living expenses in your rainy-day fund. This cushion can help you cover essential costs like rent or mortgage payments, utilities, groceries, and transportation until you return.

Building a rainy-day fund takes time and discipline but is worth the effort. Start by setting achievable savings goals and automating your contributions. Treat your rainy-day fund like any other bill, prioritizing it in your budget to ensure steady progress.

A Home Equity Line of Credit can serve as a safety net for unexpected expenses by using the financial strength of your home’s equity. You only pay interest on the amount of money you use and can avoid the high-interest rates associated with credit cards and personal loans. It’s great to have access to for whatever curveballs life may throw your way.

Remember, your rainy-day fund isn't just for emergencies—it can also provide the flexibility to pursue opportunities and navigate life's transitions. Whether you're starting a new business, going back to school, or taking a career break, having financial stability gives you the freedom to pursue your goals without added stress.

April showers may bring May flowers, but a well-funded rainy-day fund brings peace of mind year-round. So, as you enjoy the beauty of spring blossoms, take a moment to nurture your financial safety net. Plant the seeds of savings today, and watch them bloom into a brighter, more secure tomorrow.

Hear what members of your community say about us

"When I decided to purchase my first home Lisle Savings Banks' first time home buyer program was exactly what I needed."

Nick C. Customer since 1995

"The support that Lisle Savings Bank provided us was unmatched. Not only were your rates and fees significantly better than the other two large companies I looked at, but you were also significantly less pushy and more patient with my questions."

Adam N. Customer since 2019

"The positive interaction I receive while working with LSB's employees, and their outstanding rates, will keep me a loyal customer for life."

Robert B. Customer since 2010
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Loan to Value Ratio - 81-90% - 10 Year Rate {{LTV_8190_10year_rate}} 6.000
Loan to Value Ratio - 81-90% - 10 Year APR {{LTV_8190_10year_apr}} 6.204
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Loan to Value Ratio - 81-90% - 10 Year Points {{LTV_8190_10year_points}} 0
Loan to Value Ratio - 81-90% - 15 Year Rate {{LTV_8190_15year_rate}} 6.125
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Loan to Value Ratio - 81-90% - 15 Year Points {{LTV_8190_15year_points}} 0
Loan to Value Ratio - 81-90% - 15 Year Payment Example {{LTV_8190_15year_pmt}} 1,403.53
Loan to Value Ratio - 81-90% - 20 Year Rate {{LTV_8190_20year_rate}} 6.625
Loan to Value Ratio - 81-90% - 20 Year APR {{LTV_8190_20year_apr}} 6.749
Loan to Value Ratio - 81-90% - 20 Year Points {{LTV_8190_20year_points}} 0
Loan to Value Ratio - 81-90% - 20 Year Payment Example {{LTV_8190_20year_pmt}} 1,242.37
Loan to Value Ratio - 81-90% - 25 Year Rate {{LTV_8190_25year_rate}} 6.750
Loan to Value Ratio - 81-90% - 25 Year APR {{LTV_8190_25year_apr}} 6.858
Loan to Value Ratio - 81-90% - 25 Year Points {{LTV_8190_25year_points}} 0
Loan to Value Ratio - 81-90% - 25 Year Payment Example {{LTV_8190_25year_pmt}} 1,140.00
Loan to Value Ratio - 81-90% - 30 Year Rate {{LTV_8190_30year_rate}} 6.875
Loan to Value Ratio - 81-90% - 30 Year APR {{LTV_8190_30year_apr}} 6.973
Loan to Value Ratio - 81-90% - 30 Year Points {{LTV_8190_30year_points}} 0
Loan to Value Ratio - 81-90% - 30 Year Payment Example {{LTV_8190_30year_pmt}} 1,083.93
Loan to Value Ratio - 71-80% - 10 Year Rate {{LTV_7180_10year_rate}} 5.875
Loan to Value Ratio - 71-80% - 10 Year APR {{LTV_7180_10year_apr}} 6.165
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Loan to Value Ratio - 71-80% - 10 Year Payment Example {{LTV_7180_10year_pmt}} 1,821.50
Loan to Value Ratio - 71-80% - 15 Year Rate {{LTV_7180_15year_rate}} 6.000
Loan to Value Ratio - 71-80% - 15 Year APR {{LTV_7180_15year_apr}} 6.207
Loan to Value Ratio - 71-80% - 15 Year Points {{LTV_7180_15year_points}} 0
Loan to Value Ratio - 71-80% - 15 Year Payment Example {{LTV_7180_15year_pmt}} 1,392.36
Loan to Value Ratio - 71-80% - 20 Year Rate {{LTV_7180_20year_rate}} 6.500
Loan to Value Ratio - 71-80% - 20 Year APR {{LTV_7180_20year_apr}} 6.673
Loan to Value Ratio - 71-80% - 20 Year Points {{LTV_7180_20year_points}} 0
Loan to Value Ratio - 71-80% - 20 Year Payment Example {{LTV_7180_20year_pmt}} 1,230.20
Loan to Value Ratio - 71-80% - 25 Year Rate {{LTV_7180_25year_rate}} 6.625
Loan to Value Ratio - 71-80% - 25 Year APR {{LTV_7180_25year_apr}} 6.775
Loan to Value Ratio - 71-80% - 25 Year Points {{LTV_7180_25year_points}} 0
Loan to Value Ratio - 71-80% - 25 Year Payment Example {{LTV_7180_25year_pmt}} 1,127.01
Loan to Value Ratio - 71-80% - 30 Year Rate {{LTV_7180_30year_rate}} 6.750
Loan to Value Ratio - 71-80% - 30 Year APR {{LTV_7180_30year_apr}} 6.886
Loan to Value Ratio - 71-80% - 30 Year Points {{LTV_7180_30year_points}} 0
Loan to Value Ratio - 71-80% - 30 Year Payment Example {{LTV_7180_30year_pmt}} 1,070.19
Loan to Value Ratio - 61-70% - 10 Year Rate {{LTV_6170_10year_rate}} 5.750
Loan to Value Ratio - 61-70% - 10 Year APR {{LTV_6170_10year_apr}} 6.037
Loan to Value Ratio - 61-70% - 10 Year Points {{LTV_6170_10year_points}} 0
Loan to Value Ratio - 61-70% - 10 Year Payment Value {{LTV_6170_10year_pmt}} 1,811.19
Loan to Value Ratio - 61-70% - 15 Year Rate {{LTV_6170_15year_rate}} 5.875
Loan to Value Ratio - 61-70% - 15 Year APR {{LTV_6170_15year_apr}} 6.080
Loan to Value Ratio - 61-70% - 15 Year Points {{LTV_6170_15year_points}} 0
Loan to Value Ratio - 61-70% - 15 Year Payment Example {{LTV_6170_15year_pmt}} 1,381.25
Loan to Value Ratio - 61-70% - 20 Year Rate {{LTV_6170_20year_rate}} 6.375
Loan to Value Ratio - 61-70% - 20 Year APR {{LTV_6170_20year_apr}} 6.546
Loan to Value Ratio - 61-70% - 20 Year Points {{LTV_6170_20year_points}} 0
Loan to Value Ratio - 61-70% - 20 Year Payment Example {{LTV_6170_20year_pmt}} 1,218.08
Loan to Value Ratio - 61-70% - 25 Year Rate {{LTV_6170_25year_rate}} 6.500
Loan to Value Ratio - 61-70% - 25 Year APR {{LTV_6170_25year_apr}} 6.648
Loan to Value Ratio - 61-70% - 25 Year Points {{LTV_6170_25year_points}} 0
Loan to Value Ratio - 61-70% - 25 Year Payment Example {{LTV_6170_25year_pmt}} 1,114.09
Loan to Value Ratio - 61-70% - 30 Year Rate {{LTV_6170_30year_rate}} 6.625
Loan to Value Ratio - 61-70% - 30 Year APR {{LTV_6170_30year_apr}} 6.759
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Loan to Value Ratio - 60% and Below - 10 Year Rate {{LTV_60_10year_rate}} 5.625
Loan to Value Ratio - 60% and Below - 10 Year APR {{LTV_60_10year_apr}} 5.909
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Loan to Value Ratio - 60% and Below - 10 Year Payment Example {{LTV_60_10year_pmt}} 1,800.92
Loan to Value Ratio - 60% and Below - 15 Year Rate {{LTV_60_15year_rate}} 5.750
Loan to Value Ratio - 60% and Below - 15 Year APR {{LTV_60_15year_apr}} 5.952
Loan to Value Ratio - 60% and Below - 15 Year Points {{LTV_60_15year_points}} 0
Loan to Value Ratio - 60% and Below - 15 Year Payment Example {{LTV_60_15year_pmt}} 1,370.18
Loan to Value Ratio - 60% and Below - 20 Year Rate {{LTV_60_20year_rate}} 6.250
Loan to Value Ratio - 60% and Below - 20 Year APR {{LTV_60_20year_apr}} 6.419
Loan to Value Ratio - 60% and Below - 20 Year Points {{LTV_60_20year_points}} 0
Loan to Value Ratio - 60% and Below - 20 Year Payment Example {{LTV_60_20year_pmt}} 1,206.03
Loan to Value Ratio - 60% and Below - 25 Year Rate {{LTV_60_25year_rate}} 6.375
Loan to Value Ratio - 60% and Below - 25 Year APR {{LTV_60_25year_apr}} 6.521
Loan to Value Ratio - 60% and Below - 25 Year Points {{LTV_60_25year_points}} 0
Loan to Value Ratio - 60% and Below - 25 Year Payment Example {{LTV_60_25year_pmt}} 1,101.24
Loan to Value Ratio - 60% and Below - 30 Year Rate {{LTV_60_30year_rate}} 6.500
Loan to Value Ratio - 60% and Below - 30 Year APR {{LTV_60_30year_apr}} 6.632
Loan to Value Ratio - 60% and Below - 30 Year Points {{LTV_60_30year_points}} 0
Loan to Value Ratio - 60% and Below - 30 Year Payment Example {{LTV_60_30year_pmt}} 1,042.91
Refinance APR Fees {{Refinance_APR_Fees}} 1,134.25
Purchase APR Fees {{Purchase_APR_Fees}} 2,102.00
First Time Home Buyer APR Fees {{FTHB_APR_Fees}} 1,452
First Time Home Owner Refinance APR Fees {{FTHO_Fefi_APR_Fees}} 539.25
Odd Day Interest {{Odd_Day_Interest}} 1,595.00
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Home Business Checking - Rate {{checking_home_business_rate}} 0.05
Home Business Checking - APY {{checking_home_business_apy}} 0.05
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E Savings - $0.01 to $49,999 - APY {{savings_esavings_49999_apy}} 1.00
E Savings - $50,000 and Over - Rate {{savings_esavings_50000_rate}} 1.25
E Savings - $50,000 and Over - APY {{savings_esavings_50000_apy}} 1.25
Statement Savings - Rate {{savings_statement_rate}} 0.70
Statement Savings - APY {{savings_statement_apy}} 0.70
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IRA Statement Savings - Rate {{savings_ira_statement_rate}} 0.70
IRA Statement Savings - APY {{savings_ira_statement_apy}} 0.70
Insured Money Market $0.01 to $49,999 - Rate {{moneymarket_49999_rate}} 0.60
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Insured Money Market $50,000 - $99,999 - APY {{moneymarket_99999_apy}} 0.70
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30 Month CD - APY {{cd_30mo_apy}} 0.70
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9 Month CD Special - APY {{cd_9mo_special_apy}} .50
13 Month CD Special - Rate {{cd_23mo_special_rate}} 4.69
13 Month CD Special - APY {{cd_23mo_special_apy}} 4.80
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