BUSINESS CHECKING

BASIC BUSINESS CHECKING
This account is designed for any business with low monthly transaction activity. The Basic Business Checking Account is one of many services we offer to help you operate your business in a safe and efficient manner.

Package Deal
Open a Basic Business Checking Account with a Free Debit Card, along with a Business Savings Account, and get set up with free Online Banking and Bill Pay. You will be able to monitor your account activity, view images of your cancelled checks, transfer funds between accounts and pay bills from your home or work.

NO Minimum Balance Required – 50 Checks/Debits – 20 Deposits/Credits
If you exceed the number of checks/debits or deposits/credits, there will be a charge of $.50 for each item in excess of the limit. Check images of your cancelled checks can be included in your statement for a small fee.

Sole proprietors and non-profit organizations are eligible to earn interest on their checking accounts. Please ask us how.

BUSINESS CHECKING
This account is designed for any business with higher monthly transaction activity. The Business Checking Account is one of many services we offer to help you manage your operating account and improve your cash flow.

Earnings Credit
You will receive an earnings credit on the average collected balance maintained in your business account on a monthly basis. The earnings credit is calculated using the three month Treasury Bill interest rate.

Monthly Analysis
This valuable money management tool is available to you at no charge. Along with your monthly statement, you will receive a detailed account analysis identifying all of the activity and charges associated with your account. It will also identify the average collected balance needed to offset any charges, and the excess balance that could have been invested in an interest bearing account or back into your business.

Stop by or call a Bank of Luxemburg office nearest you, and ask about these and other available services.