BUSINESS CHECKING                                                                                                         

Laona State Bank offers several business checking packages – we have options for both the Sole Proprietor and for more commercial enterprises!

Regular Checking *

(No Ownership Restrictions)

  • Monthly Maintenance Fee
  • Per Check/Debit Fee
  • Credit is given based on the lowest balance of the account during the month. If the earnings credit exceeds the fees, any excess credit will not be paid.
  • See Rates and Fees page for details.

Now Account *

(Sole-Owners, Non-Profit Organizations, Non-Profit Corporations)

  • $500.00 Minimum Opening Deposit
  • Average Daily Balance Required to obtain disclosed rate
  • Service Charge Assessed if average daily balance for the month goes below $500.00
  • Monthly Statement
  • Rates may change at any time. Interest will be credited to your account monthly.

Super Now Account *

(Sole-Owners, Non-Profit Organizations, Non-Profit Corporations)

  • $1000.00 MinimumOpening Deposit
  • Average Daily Balance Required to obtain the disclosed Super Now Account rate
  • $500.00 Average Daily Balance required to obtain the disclosed Now Account rate
  • Service Charge Assessed if average daily balance for the month goes below $500.00
  • Monthly Statement
  • Rates may change at any time. Interest will be credited to your account monthly.

Corporate Money Market Account*

  • $1000.00 Minimum Opening Deposit
  • Average Daily Balance Required to obtain the disclosed rate
  • Service Charge Assessed if average daily balance for the month goes below $500.00
  • Rates may change at any time. Interest will be credited to your account monthly.
  • Account is restricted to not more than 6 check, draft, preauthorized, automatic, or telephone transfer transactions to a third party per statement cycle.

 

*Checks may be ordered at any of our branches. The cost of the checks is determined by quantity and style ordered. The cost may be debited out of the account for which they were ordered.