Lake National Bank logo

Lake National Bank
7402 Center Street
Mentor, Ohio 44060
440.205.8100

 
 

Business Checking

Regular Business Checking Business NOW Checking Business NOW Checking (Non-Profits) Money Market IOTA / IOLTA
Recommended For: Any Business Entity; No Minimum Balance Sole Proprietors desiring interest Non-Profits desiring interest Individuals or Entities desiring premier savings rates with limited check writing Real Estate or Lawyers' Trust Accounts
Free Checks: First order of check supplies up to $100 for first-time customers First order of check supplies up to $100 for first-time customers First order of check supplies up to $100 for first-time customers Free single Money Market checks First order of check supplies up to $100 for first-time customers
Interest Paid: N/A With Balances over $1,000 With Balances over $1,000 With Balances over $1,000 N/A
Service Fee: With more than 500 transactions per month If balance falls below $1,000 any day of month N/A If balance falls below $1,000 any day of month N/A
Service Fee Waived With: With less than 500 transactions per month With balances over $1,000 every day of month N/A With balances over $1,000 every day of month N/A
Debit / ATM Card: N/A Free for Sole Proprietors (Debit Card issued upon approval) N/A N/A N/A
Rebates on other banks' ATM fees: N/A US Bank for Sole Proprietors N/A N/A N/A
Bill Payer: Free Free Free N/A N/A
Check Clear Overdraft Protection: Maximum $5 per day with Matching Savings or Checking Account Maximum $5 per day with Matching Savings or Checking Account Maximum $5 per day with Matching Savings or Checking Account N/A N/A
Online Banking: Free Free Free Free Free
Minimum to Open: N/A $1,000 N/A $1,000 N/A

 
Equal Housing Lender, Member FDIC, Star