Questions members frequently ask about business fees

Why am I charged monthly fees for my business checking account?
Most business accounts have much more activity than a personal account. The fee is charged to offset the higher processing costs a business generates.

Will Lake Trust charge me for a cash advance on my Business Credit Card?
There are no fees for a cash advance on your Lake Trust Platinum Visa Business Credit Card. Interest will accrue from the date of the advance.

Is there a charge for printing copies of statements/histories for my business?
The fee to print a statement or a copy of the recent history on a business account is $5.00. Why not use Internet Banking instead? You can view and print your statements/histories for free.

On the Business Fee Schedule, what is the difference between a "Deposited Check Returned Unpaid" and "Deposited Check Returned Unpaid if Principal Owner Wrote the Item"?
A "Deposited Check Returned Unpaid" is a check that a customer has written to the business which has been returned to Lake Trust as NSF or account closed. A "Deposited Check Returned Unpaid if Principal Owner Wrote the Item" is a check that the owner has written to the business which has been returned to Lake Trust as being NSF or account closed.

Are item fees and monthly maintenance fee shown separately on my statement?
The item fees and monthly maintenance fee are shown as separate transactions.