Business Checking

Laona State Bank offers several business checking packages for Sole Proprietors and Commercial Enterprises.

Regular Checking^*

(No Ownership Restrictions)

• Base fee of $5.00 will be charged each month. This fee will be waived if the daily account balance stays above $500.00 for the entire statement cycle
• Monthly statements available via mail or online

*Monthly service charge may apply

NOW Account^*

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

• $500.00 Opening Deposit Required
• $500.00 Average Daily Balance Required to obtain the disclosed rate
• Monthly Statement available via mail or online
• Rates subject to change. Interest will be compounded/credited to the account monthly

*Service charge assessed if average daily balance for the monthly statement cycle falls below $500.00

Corporate Money Market Account^*

• $1000.00 minimum opening deposit
• $500.00 average daily balance required to obtain the disclosed rate
• Rates subject to change. Interest will be compounded/credited to your account monthly
• Unlimited in-person withdrawals
• Account is restricted to 6 withdrawals if by check, draft, pre-authorized, automatic, or by telephone transfer per statement cycle

* Service charge assessed if average daily balance for the month goes below $500.00

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