Business Banking at it's Best. The Lake Bank.

Merchant Services

The Lake Bank works with Heartland Payment Systems to provide merchants the resources to accept and process credit cards. Our Heartland representative can provide you with set up and cost information. If you are already a merchant services user, Heartland can provide you with a no-obligation quote……we may be able to save you money on processing fees.

FDIC deposit insurance set permanently at $250,000 per depositor. The Lake Bank is also participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Investment Checking accounts earn a rate higher than allowed under this program, therefore, are not guaranteed above normal FDIC insurance limits.