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| LSB Business Savings | LSB Business High Yield Money Market | |
|---|---|---|
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Earns competitive interest rate, while enjoying lower minimum balance requirement.
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Watch your business excess funds grow, with our aggressive interest rate bearing account.
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Features |
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| Earns Interest |  |
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| Visa Debit Card | N/A |  |
| LSB Online Banking & Bill Pay |  |
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| LSBTexas Mobile Banking |  |
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| LSB Mobile Deposit |  |
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| LSB E-Statements with Images |  |
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| Bank to Bank Transfers |  |
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Monthly Fees |
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| Minimum to Open | $200 | $2,500 |
| Monthly Service Charge | $6 per Quarter* | $12.50** |
| ATM Fees | Refunded | Refunded |
| Ways to Avoid Monthly Service Charge | Maintain $200 Average Collected Balance | Maintain $2,500 Average Collected Balance or $50,000 Commercial Loan Balance |
Additional Services |
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| LSB Business Checking Accounts | Available | Available |
| LSB Personal Savings & Money Market Accounts | Available | Available |
*If savings account exceeds 6 withdrawal limit there will be a $2.00 fee for each withdrawal over the limit, $0.12 fee would apply for each item deposited in excess of 25
**If money market account exceeds 6 withdrawal limit there will be a $10.00 fee & $0.12 for each excess item deposited
Complete information and disclosures for the accounts are available from a banking specialist.
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions obtain, verify and record information which identifies each person or organization opening an account. In addition, on legal entity accounts, we will require identification on beneficial owners and controlling person.
When an account is opened, we will request name, address, date of birth and other information which will allow us to identify all signers. We may also require presentation of a driver’s license, passport or other identifying documents.
When an account is opened, we will request name, address, date of birth and other information which will allow us to identify all signers. We may also require presentation of a driver’s license, passport or other identifying documents.