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.