Business Savings

BUSINESS SAVINGS

Helping achieve your vision.

Business Savings

As a business you can benefit from the following:

• Tiered interest rates that pay higher rates for higher balances

• An easy to read monthly statement

• Flexibility to make unlimited deposits in person or by mail

Contact your business banker for additional information.

TYPES OF BUSINESS SAVINGS

Lifeline Savings

Lifeline Savings is a tiered savings account designed for individuals with balances over $50.
  • $50 minimum balance
  • Earns interest on all balances**
  • Six withdrawals/transfers per month***
  • No monthly service charge when you maintain a balance of $50. Only $3/month if balance falls below $50.
  • No limits on deposits.

Business Money Market

Business Money Market is a tiered savings account that offers a competitive interest rate that grows with your investment. Designed for businesses with balances over $2,500 and limited transaction needs.
  • $2,500 minimum balance
  • Earns interest on all balances**
  • Six withdrawals/transfers per month***
  • No monthly service charge when you maintain a balance of $2,500. Only $10/month if balance falls below $2,500.
  • The first 20 deposit items are free, then just $.10 per item

** Variable rate of interest, subject to change.
*** Excess withdrawals subject the account to being closed. 

Convenience at Your Fingertips

Sign up for Business Online Banking today!

Additional Services

Other products and services offered by Lake Area Bank.

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    From time to time, we provide links to other websites for the use of our customers, which have been compiled from internal and external sources. By clicking “continue” below, you will be opening a new browser window and leaving our website. Although we have reviewed the website prior to creating the link, we are not responsible for the content of the site.