deposit_products

 

Commercial Deposit Products

Get greater flexibility and control in managing your business’ finances. LincolnWay Community Bank can design a custom program that employs the best combination of our products and services to fit your needs and enable your business to maximize earnings on excess balances.

All of the LincolnWay Community Bank business banking checking accounts offer free online banking and mobile banking app, a free debit card with access to more than 55,000 no-free ATMS, overdraft options and combined statements for qualifying accounts.


Checking Accounts

 

Business Banking Checking

Our Business Checking account is designed with affordable pricing to accommodate and support our local businesses. It features a low required minimum balance and the first 100 items are free, followed by affordable transaction fees.

  • Minimum Opening Deposit: $100
  • Required Minimum Balance: $500 to avoid service fees

 

Total Business Checking

Use your business checking balance to earn credit toward transaction fees. Our Total Business Checking offers a 1% earnings credit that is applied toward our already affordable transaction fees and cash management fees to help your business’ bottom line.

  • Minimum Opening Deposit: $100
  • Required Minimum Balance: $1,500 to avoid service fees

 


Interest Earning Accounts

 

Business NOW Interest Checking

Our Business Interest Checking account is designed for qualifying businesses that require unlimited check writing with the benefit of earning interest. This account features tiered interest rates and per transaction pricing. Partnerships and Corporations are not eligible to hold interest bearing checking accounts.

  • Minimum Opening Deposit: $250
  • Required Minimum Balance: $1,500 to avoid service fees & earn APY*


Business Money Market Account

Our Business Money Market account combines the benefits of a savings account with the convenience of check writing privileges. The Business Money Market features competitive interest rates and allows you to manage your business’s cash flow.

  • Minimum Opening Deposit: $500
  • Required Minimum Balance: $2,500 to avoid service fees & earn APY*


Savings Account

The more you save, the more you earn with a LincolnWay Community Bank Business Savings account. Our accounts offer tiered interest rates to yield a higher return on your business’s excess cash. The low minimum balance requirement enables any business to establish a readily available cash reserve.

Certificates of Deposit

A LincolnWay Community Bank Certificate of Deposit provides a great investment that gives your business the best insured yield possible. With terms ranging from one month to five years, you are certain to find the right term and rate for your business.

*Annual Percentage Yield (APY)