Lebanon Federal Credit Union offers several business account products that will both benefit your company and make managing your money a little easier. It does not matter if you are just starting a new company or your business has been around for years, Lebanon Federal Credit Union is here to help!
- Establishes membership for the business with the credit union and makes the business eligible for all other credit union products, loans, and services.
- $25.00 minimum opening and account balance
- Tiered interest bearing account
- $25.00 to $999.99 earns: 0.15% APY
- $1,000.00 to $49,999.99 earns: 0.25% APY
- $50,000.00 to $99,999.99 earns: .50% APY
- $100,000.00 + earns: .75% APY
- No minimum balance to open or maintain the account
- Unlimited check writing and deposits
- Overdraft Protection and Overdraft Privilege are available
- Visa Debit Check Card
- Online banking (NetTeller) and Online Bill payer
Business Payroll Checking
- No minimum balance
- $0.10 per check that clears account (check writing fee)
- $10.00 monthly service charge
- Low minimum deposit of $500
- Terms offered between 6 to 60 months
- Rates are tier based
- Interest is compounded and paid monthly
- Provides a safe and easy way to invest money for your business
Don’t forget, Lebanon Federal also has your business covered for all of your lending needs. Check out LFCU Business Lending Services.