This interest bearing checking account is designed to process financial obligations for a deceased person’s estate.
- $50 minimum to open
- No monthly maintenance fee
- No minimum balance
- Unlimited check writing
- Lake City Bank Digital
- Free check images provided with monthly statement
Interest Rates and Tiers
- 0.05% APY1 paid on balances from $5,000 to $9,999
- 0.05% APY1 paid on balances from $10,000 to $19,999
- 0.05% APY1 paid on balances from $20,000 to $49,999
- 0.05% APY1 paid on balances from $50,000 to $99,999
- 0.05% APY1 paid on balances of $100,000 or more
- Death certificate
- Letters of testamentary or letter of administration
- Tax ID number for the estate
- Additional documents may be required depending on individual circumstances
Call our One Call Center at (888) 522-2265 for more information, or drop in one of our branch locations for more information or to open an account.
1APY = Annual Percentage Yield. Quoted APY is accurate as of October 20, 2021. APY is subject to change without notice at any time including after account opening. Fees may reduce earnings. For more information call (888) 522-2265.