Lyons Federal Savings has always been innovative in the use of new ideas and technology. Over the years we have added a large variety of both deposit and loan products. We no longer offer only savings accounts and home loans. We can meet all of your investment and loan needs from checking accounts to certificates of deposit and from home loans to agricultural and commercial loans. Lyons Federal Savings operates in a "real time" posting environment which means your account balance immediately reflects the transactions as they are posted. A Drive-up ATM was added in 1997 and in 1998 Bank-by-Phone was added. In early 2000 we began offering transactional Internet Banking to our customers.
In the summer of 2009 the directors of Lyons Federal Savings decided that in order to more appropriately describe the multitude of services that the institution provides that the name should be changed to Lyons Federal Bank. The name change along with the move to our newly constructed main bank facility at 200 East Ave South in Lyons all took place at the same time.
Lyons Federal Bank's objective has always been to remain a sound institution for our customers' investment and loan needs. We are proud of the way we are able to meet those needs in a most efficient and friendly way. Lyons Federal Bank is still a locally owned, "hometown" bank with a long history of providing efficient, courteous service to all its customers.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154