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

 

Business Savings

  • No minimum balance
  • Service charge of $1.00 per statement cycle if average balance falls below $100
  • Tiered interest rates - variable rates reviewed weekly
 

Business Money Market Savings
- Minimum balance earns a higher rate of interest

  • $1000 minimum balance
  • $5 monthly service charge if average balance fall below $1000
  • Tiered interest rates – variable rates reviewed weekly

Business Investment Savings
- High interest savings

  • $5000 minimum balance
  • $10 monthly service charge if average balance falls below $5000
  • Tiered interest rates – variable rates reviewed weekly

Business Plus Savings
- Highest interest rate for Business Plus Accountholders

  • Requires Business Plus Checking account relationship
  • $10,000 minimum balance
  • No monthly service charge
  • Variable interest rate reviewed weekly

 

 

 

 

 

 

    

THE LAKE BANK
Main Office
613 First Avenue
Two Harbors, Minnesota 55616
Phone: (218) 834-2111
Fax: (218) 834-4753
Equal Housing Lender
©2005 The Lake Bank. All Rights Reserved.
THE LAKE BANK
Silver Bay Branch
88 Outer Drive
Silver Bay, Minnesota 55614
Phone: (218) 226-4959
Fax: (218) 226-4962