Business Accounts

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

 
 

Regular Checking*

(No Ownership Restrictions)

  • No minimum balance
  • 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

Super NOW Account *

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

  • $1,000.00 opening deposit required
  • $1,000.00 average daily balance required to obtain the disclosed Super NOW account rate
  • $500.00 average balance required to obtain the disclosed NOW account 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. 

Looking for additional information?

Contact Us Visit a Branch

 

Back to Top