BUSINESS CHECKING
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Business Checking
Lake Area Bank offers a variety of checking accounts that are designed to grow with your business. All of our checking accounts feature an easy to read monthly statement and access to online check images for easy record keeping.
TYPES OF BUSINESS CHECKING
Small Business Checking*
Designed for businesses whose account activity is less than 200 total transactions per month. This account features no minimum balance and no monthly service charge for the first 199 transactions per month!
- No minimum balance
- No monthly service charge
- The first 199 transactions are free, including each check, deposit, deposited item and other debits and credits, then just $.30 per item
Business Checking*
Designed for businesses with a higher transaction volume. The account features a low monthly service charge, with an earnings credit allowance to help offset the monthly service charges.
- No minimum balance
- Earnings credit allowance
- Only $10/month
- Debits $.20 per item
- Credits $.30 per item
- Deposits $.10 per item
- Service charges can be offset by an earnings credit paid on your balance
Community Checking*
Designed for qualified non-profit organizations and community groups that need a basic, no fee checking account. This account features no monthly service fee, no minimum balance requirement, and unlimited transactions.
- No minimum balance
- No monthly service charge
- Unlimited transactions
Business Checking with Interest*
Designed for Sole Proprietors or Non-Profit organizations. This account features no minimum balance and no monthly service charge for the first 200 transactions per month. Interest is earned on all balances.**
- No minimum balance
- No monthly service charge
- Earns interest on all balances**
- The first 199 items are free, including each check, deposit, deposited item and other debits and credits, then just $.30 per item
*$50 minimum to open account, customer purchases checks
**Variable rate of interest, subject to change
Convenience at Your Fingertips
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Additional Services
Other products and services offered by Lake Area Bank.
