Business Checking

BUSINESS CHECKING

Ready to launch your success?

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