Business Checking
Non-Interest Bearing
- $5,000 minimum balance to avoid maintenance fee*
- Analysis Charges** – $15/month maintenance fee. $0.15/Debit. $0.35/Credit or Deposit.
- Business Checking Services: Automated Clearing House, Wire, Mobile Deposit, Remote Mobile Deposit Capture, and Positive Pay.**
- Free online/mobile banking
* A $2/day fee will be assessed if the account balance falls below the required minimum balance.
** Analysis charges and business checking services may be partially or fully offset by earnings credit on collected balances.
Interest Bearing
- $25,000 minimum balance to avoid maintenance fee*
- Interest compounded and credited monthly
- Analysis Charges** – $15/month maintenance fee. $0.15/Debit. $0.35/Credit or Deposit.
- Business Checking Services: Automated Clearing House, Wire, Mobile Deposit, Remote Mobile Deposit Capture, and Positive Pay.**
- Free online/mobile banking
* A $5/day fee will be assessed if the account balance falls below the required minimum balance.
** Analysis charges and business checking services may be partially or fully offset by earnings credit on collected balances.
Checking Services
Automated Clearing House (ACH)
Wire Transfers
Wire transfers allow you to send or receive funds quickly and securely, both domestically and internationally. Wires are commonly used for time-sensitive or high-value transactions such as real estate closings, vendor payments, or moving funds between financial institutions. Funds are typically available the same day once processed, and each wire is initiated individually with verification steps to help protect against fraud.
Mobile Deposit
Mobile deposit with our mobile banking app lets you deposit checks anytime, anywhere using your smartphone or tablet. Simply take a photo of the check and submit it securely through the app – no trip to the bank required. This convenient service helps speed up deposits and improve cash flow while fitting easily into your busy schedule. As your community bank, we combine modern digital tools with local, personalized support you can trust.
Remote Deposit Capture (RDC)
Positive Pay
Positive pay is a powerful fraud-prevention service that helps protect your business against check fraud. By matching issued checks against those presented for payment. This added layer of control reduces risk and provides peace of mind. Lake Central Bank offers positive pay with personalized guidance to help safeguard your accounts.
Our Mobile App
Product Features
- Activity charges (settled monthly)*
- No minimum balance required
- $30 overdraft fee per day
- Interest bearing accounts available for qualifying businesses
- Free online/mobile banking
