Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Best of all, there’s no base service charge fee for customers who maintain an average daily balance of $2,500 in their checking, savings or CD accounts. To avoid the imposition of the service charge you must meet one of the following requirements: a service charge of $7.50 will be imposed each month if the average daily balance for the account falls below $1000.00. A Service charge of $5.00 will be imposed every month if the average daily balance falls below $2500.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in a period. The period we use is monthly.
Make sure to Sign up for E-Statements today. Have more than one account, ask about combining statements for an easier way to review your finances.
Business Checking accounts include:
*Limitations: You must deposit $50.00 to open this account.
*See Fee Schedule for any additional fees and charges that may be applied.
Are you ready to enjoy the benefits of Regular Checking? Get Started by downloading our Business Checking packet.
Equivalent to a Special Savings Account, our Business MMDA offers exceptional services which allow you a better return on your savings while allowing you access to your funds. Enjoy the savings with the convenience of online access, debit card, and check-writing. Banking has never been more convenient with online banking transfers, check balances, and online statements; watch your money grow here at Lawrenceburg Federal Bank.
Make sure to Sign up for E-Statements today. Have more than one account; ask about combining statements, for an easier way to review your finances.
Business Money Market Account (MMDA) include:
Limitations: The interest rate on this account may change. You must deposit $2,500.00 to open this account. If your average daily balance for the cycle falls below $2,500.00 you will not earn any interest and you will be charged $5.00 per month. You may make six (6) transfers from your account each four (4) weeks or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. If you exceed the transfer limitations set forth above, your account shall be subject to closure or a checking account may be opened in place of the Money Market Account or your transfer abilities may be stopped.
The interest rate on this account may change daily.
*See Fee Schedule for any additional fees and charges that may be applied.
Are you ready to enjoy the benefits of Business MMDA? Get Started by downloading our Business MMDA packet.
