At LNB Community Bank we understand there are many challenges of owning or operating a business. We offer a combination of the best financial products and professional personal service to meet your business needs now and in the future.
Our Business Checking Accounts include:
- Small Business eChecking
- Small Business Statement Checking
- Business eChecking
- Business Statement Checking
- Commercial Analysis Checking
- Charitable Checking
Business Checking Accounts that earn interest:
Business Interest Accounts
Check out our High earning checking account for Business account holders. Make your money work for you!
Smart Business Checking
Earn a High yield interest rate on balances up to $50,000 when you use your debit card; 15 or more debit card purchases that total at least $750.00 a month and receive your statement notification by email.
Even when you do not meet the debit card purchases requirement or get you statement notification by email you can still earn a great interest rate up to $50,000.00.
- $25 minimum deposit to open
- Minimum balance requirement $255
- First 200 transactions free per statement cycle2
- Free Bill Pay3
- Free 24 hour phone banking
- Free business debit card4
- Free night deposit service
- Overdraft protection offered from another LNB Community Bank deposit account
- No charge for direct deposit
- Change order processing
- Statement notification by email7
- No service fee will be assessed!7
- Current Rates
Business Interest Checking
- $1,000 minimum deposit to open
- $10,000 minimum balance requirement1,7
- First 50 transactions free per statement cycle2
- Free Online Banking
- Free Bill Pay3
- Free 24 hour phone banking
- Free business debit card4
- Free night deposit service
- Overdraft protection offered from another LNB Community Bank deposit account
- No charge for direct deposit
- Change order processing
- Statement notification by email7
- Interest Rate Tiers 8
- $2500 – $9999
- 10,000 -$24,999
- $25,000 and up
Small Business Accounts
Our Small Business Checking Accounts are designed for small business owners who have lower transaction volumes. If you like the convenience of online banking we offer eChecking, but if you still prefer a mailed statement, Statement Checking is for you!
Small Business eChecking
Our Small Business Checking Accounts are designed for small business owners who have lower transaction volumes. If you like the convenience of online banking we offer eChecking, but if you still prefer a mailed statement, Statement Checking is for you!
Small Business Statement Checking
- $50 minimum deposit to open
- Service charge tiers by Monthly Balance
$10,000 & up No Service Fee $9,999.99 – $50 $4.95 Service Fee $49.99 – $0 $7.95 Service Fee - First 50 transactions free per statement cycle2
- Free Online Banking
- Free Bill Pay3
- Free 24 hour phone banking
- Free business debit card4
- Free night deposit service
- Overdraft protection offered from another LNB Community Bank deposit account
- No charge for direct deposit
- Change order processing
Business Accounts
Our Business Checking Accounts are excellent accounts for businesses with higher transaction volumes. If you like the convenience of online banking we offer eChecking, but if you still prefer a mailed statement, Statement Checking if for you!
Business eChecking
- $100 Minimum deposit to open
- Service charge tiers by Monthly Balance
$1,000 & up No Service Fee $999.99 – $700 $3 Service Fee $699.99 – $400 $6 Service Fee $399.99 – $0 $10 Service Fee - First 200 transactions free per statement cycle2
- Free Online Banking
- Free Bill Pay3
- Free 24 hour phone banking
- Free business debit card4
- Free night deposit service
- Overdraft protection offered from another LNB Community Bank deposit account
- No charge for direct deposit
- Change order processing
- Statement notification by email7
Business Statement Checking
- $100 Minimum Deposit to open
- Service charge tiers by Monthly Balance
$10,000 & up No Service Fee $9,999.99 – $7,500 $3 Service Fee $7,499.99 – $2,500 $6 Service Fee $2,499.99 – $0 $10 Service Fee - First 200 transactions free per statement cycle2
- Free Online Banking
- Free Bill Pay3
- Free 24 hour phone banking
- Free business debit card4
- Free night deposit service
- Overdraft protection offered from another LNB Community Bank deposit account
- No charge for direct deposit
- Change order processing
Commercial Analysis Checking
For our commercial customers with high transaction volumes.
The commercial account analysis enables the commercial customer that maintains collected balances to earn a credit against fees for checking services. The earnings allowance can offset a portion or all of the fees that might otherwise be incurred as a result of the volume of activity in the account.
- Activity costs:
Monthly service fee – $10
Debits & Credits – $.20 each
Items deposited – $.10 each - Free Online Banking
- Free Bill Pay3
- Free 24 hour phone banking
- Free business debit card4
- Free mailed statement
- e Statement available
- Free night deposit service6
- Overdraft protection offered from another LNB Community Bank deposit account
- Change order processing
Charitable Checking
- $25 minimum deposit to open
- Minimum balance requirement $255
- First 50 transactions free per statement cycle2
- Free Online Banking
- Free Bill Pay3
- E Statement preferred
- Free 24 hour phone banking
- Free business debit card4
- Free night deposit service
- No charge for direct deposit
- Change order processing
1If balance falls below $25 during the statement cycle a $3 service fee will be assessed.
2Transactions include checks paid, withdrawals, deposits and electronic (ACH or POS) debits and credits. There will be a $.40 fee assessed per excess item.
3Bill Pay includes 20 payments per month; thereafter, a per payment fee of $.40 will be assessed. If Bill Pay is inactive for 6 months a $3 monthly fee will be assessed.
4With approval.
5If balance falls below $25 during the statement cycle a $6 service fee will be assessed.
6Mandatory, in person Night Deposit bag processing will be charged $10 per bag.
7There will be a $3.95 statement service charge after 30 days of account opening if the statement verification process is not completed on LNB Community Bank’s online or mobile banking application.
8No interest will be paid for days balance is below $2500.