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Business Savings Accounts
Lake Trust gives you a full range of business savings account options and services to meet your company's savings goals, short or long term.
Savings Accounts
Dividends paid monthly
Certificates of Deposit (CDs)
- Maturity dates range from 6 months to 5 years
- Tiered interest rates – higher deposits earn higher interest
- Tier one – $1,000 to $11,999
- Tier two – $12,000 to $29,999
- Tier three – $30,000 and above
- Early withdrawal allowed. Minimum penalty on portion withdrawn
Money Market Accounts
- Convenience of a checking account plus a higher interest rate
- Dividends are paid & compounded monthly
- No minimum balance required to earn dividends
- $1,000 minimum daily balance required to avoid $10 monthly fee
- Six withdrawals per month
501 S. Capitol Ave., Lansing, Michigan 48933-2320 | Phone: 888.267.7200 | Routing Number 272078268
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act