Luther Burbank Savings

Overview / Commentary
500 Third Street
Santa Rosa, CA 95401

Named after Luther Burbank, a pioneer in American agricultural science, Luther Burbank Savings was established in 1982. From its branch locations in California, the bank offers its customers – both personal and business – a variety of financial products and services, including lending, checking, and savings banking products. Luther Burbank Savings’ customers have convenient and secure access to their funds through online and mobile banking options.

Luther Burbank Savings’ personal deposit accounts include checking accounts, money market accounts, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs). Its checking accounts include interest and non-interest bearing options, including a money market checking account. Luther Burbank Savings’ personal money market account yields higher interest rates for larger account balances, and its CD terms range from 3 months to 5 years. As for IRA products, they are available either as a money market account or a CD.

The bank’s business deposit account products include a business checking account, a business money market account, and business CDs with terms ranging from 3 to 12 months.

Related Posts

View all posts from:

Reviews (5)

Great Job!

Posted by: |

Thank you so much.

Easy to work with!

Great Local Thrift Bank

They offer many promotions that are not advertised that are competitive with Internet only banks. They have always provided us great customer service and the recent online and mobile upgrades are top notch. There are very few Thrift Banks left, Savings and Loan Associations, but Luther Burbank Savings has been a model bank in our area. We have our joint checking, savings and CDs with them. They have almost no fees, free checking and even reimburse all ATM fees from other banks. While they aren't a commercial bank, they don't offer car loans, credit cards, deposit boxes or even ATMs machines, they are a great at what they do offer, deposit accounts. 5 star experience. Go local!

Customer Service And CD Offerings

Posted by: |

I've invested in CDs with Luther Burbank for about 5 years now and have never had a problem.  Everyone in the offices I've visited is professional, knowledgeable and pleasant.   I would not hesitate to do business with Luther Burbank banks again.

Commercial Lending Nightmare

I paid four thousand dollars to get two commercial loans from the Bellevue Office.  They went silent.  Luckily, a couple of weeks into it, I spent a little less for Chase to process the loans.  They came through w/ great servcie.  I've followed up twice w/ no answer.  I'll be filing in court soon.

Customer Service

Posted by: |

I had a bad experience with this financial institution. I don't find ANY of there bankers or tellers to be particularly friendly or helpful, in fact quite the opposite. I intend to remove all of my funds and my husband will do the same. I will direct my friends and family to a truly friendly, local institution such as Community First Credit Union. These people know how to treat others with dignity and respect.


Health Grade Components

FDIC Certificate #32178
Year Established1982
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.35%
Return on Equity - YTD12.07%
Annual Interest Income$56.5MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$7.26B$7.07B
LoansQ1 2022vs Q1 2021$6.33B$6.23B
DepositsQ1 2022vs Q1 2021$5.64B$5.43B
Equity CapitalQ1 2022vs Q1 2021$807.4MM$756.1MM
Loan Loss AllowanceQ1 2022vs Q1 2021$33.0MM$43.8MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$2.3MM$6.7MM
Real Estate OwnedQ1 2022vs Q1 2021$0$0

Rates for Luther Burbank Savings are currently being reviewed.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.