Business Banking - Deposit Accounts
Business Checking Accounts
Lake City Bank understands that different businesses have varying banking needs. That's why we offer a range of business checking accounts. A Lake City Bank representative can help you select the best account based on your account activity, your average balances, and the other banking services your business requires. Our business checking accounts include:
Basic Business Checking
Lake City Bank’s Basic Business Checking account is designed to keep banking simple. Basic Business Checking allows 200 transactions each statement cycle. There are no monthly maintenance fees and no minimum balance requirements. But use of other Treasury Management Services (e.g. Remote Deposit Service, Positive Pay, Lockbox, etc.) is not allowed with this account.
Value Business Checking
This checking account is designed to meet the needs of growing businesses. No monthly maintenance fees are assessed if an average collected balance of $2,500 is maintained and transaction levels do not exceed 300 transactions per statement cycle. Value Business Checking also comes with free Basic Business Online BillPay.
Premier Business Checking
This checking account offers higher transaction levels than Value Business Checking. No monthly maintenance fees are assessed if a $10,000 average collected balance is maintained and transaction levels do not exceed 500 transactions per statement cycle.
Business Analysis Checking
This checking account is ideal for businesses with high transaction activity, cash handling needs or the need for Treasury Management Services. An earnings credit allowance based on the investable balance maintained in the account during the month is given to reduce or eliminate monthly service charges.
Business REWARDS Checking
This account pays a high market-based interest rate when meeting the following simple technology-based qualifications:
• Make 10 debit card purchases that post and clear the account per qualification cycle
• Receive monthly statements electronically
Unlimited debit card purchases and 150 other transactions (checks, deposits, deposited items, ACH, etc.) are included with no charge. Monthly maintenance fee can be offset with a corresponding Lake City Bank credit card and Lake City Bank Merchant Services account.
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See Treasury Management Services for our full range of services to give your business an edge on maximizing your investment opportunities and minimizing your administrative burdens. We possess the expertise and technology to construct a management system that meets the unique needs of your business.