BASIC BUSINESS CHECKING
This account is designed for any business with low monthly transaction activity. Make your money work for you by reducing service charges and eliminating minimum balance requirements.
- No minimum balance
- 50 check/debit transaction limit
- 20 deposit/credit transaction limit
If you exceed the transaction limits during the statement cycle there will be a service charge of $0.50 for each item in excess of the limit.
PREFERRED BUSINESS CHECKING (NEW!)
This low balance account accommodates businesses that enjoy the use of debit card transactions, accept debit and credit card processing and have moderate monthly transactions activity.
- $1,000.00 minimum balance
- 150 transaction limit*
If you exceed the transaction limit during the statement cycle there will be a service charge of $0.25 for each item in excess of the limit. If the daily balance falls below $1,000.00 during the statement cycle there is a $15.00 monthly service charge.
*Excludes debit card purchases and ACH credits.
REGULAR BUSINESS CHECKING
Increase your bottom line by reducing the service charges and manage the minimum balance being maintained in your account.
Compare our charges to your current charges or let us provide you with a comparison.
- Service Charge.............$7.00
- Checks Deposited.......$0.05
To help offset the fees listed above you will receive an earnings credit on the average collected balance maintained in your business account on a monthly basis. The calculated earnings credit helps pay off or pay down your monthly calculated service charges.
A detailed account analysis of all of the activity and charges associated with your account is available upon request. Use the account analysis to determine if excess funds can be invested in another account or back into your business.
CHECK EARNINGS CREDIT RATE.
REGULAR BUSINESS CHECKING PLUS
Add value to your account by keeping your money in one place and earn a tiered interest rate on your operating dollars. This account will have the same monthly service charges and earnings credit assessed as the Regular Business Checking.
CHECK EARNINGS CREDIT RATE AND DEPOSIT RATES.
Let us review your current bank accounts and evaluate which account is right for you. Stop by or call a Bank of Luxemburg office nearest you and ask about these and other available services.