Business Checking
Comparison Chart
Basic Business Checking
This account is designed for any business with low monthly transaction activity. Make your money work for you by reducing service charges and eliminating minimum balance requirements.
- $100 minimum balance to open account
- No minimum daily balance
- 50 transaction limit
Preferred Business Checking
This low balance account accommodates businesses that enjoy the use of debit card transactions, accept debit and credit card processing and have moderate monthly transactions activity.
- $1,000.00 minimum daily balance
- 150 transaction limit
Transactions include checks, mobile deposits, telephone transfers, in-branch withdrawals, night depository or in-branch deposits. Items contained within a deposit, excluding cash, will included in the total transaction count. If you exceed the transaction limit during the statement cycle there will be a service charge of $0.50 for each item in excess of the limit. If the daily balance falls below $1,000.00 during the statement cycle there is a $15.00 monthly service charge.
Business Select Checking
Increase your bottom line by reducing the service charges and manage the minimum balance being maintained in your account.
- $100 minimum balance to open account
- Service Charge.............................$12.00
- Checks Deposited........................$0.07 per item
- Checks Cleared.............................$0.12 per item
- ACH Deposit/Debit.......................$0.05 per item
- Telephone Transfers....................$0.12 per transfer
A detailed account analysis of all of the activity and charges associated with your account is available upon request. Use the account analysis to determine if excess funds can be invested in another account or back into your business.
Business Select Plus Checking
- $25,000 minimum balance to open account
- $25,000 daily balance required to avoid a fee
- Service Charge.............................$12.00
- Checks Deposited........................$0.07 per item
- Checks Cleared.............................$0.12 per item
- ACH Deposit/Debit.......................$0.05 per item
- Telephone Transfers....................$0.12 per transfer
If the daily balance falls below $25,000.00 during the statement cycle there is a $15.00 monthly service charge.
To help offset the fees listed above you will receive an earnings credit on the average collected balance maintained in your business account on a monthly basis. The calculated earnings credit helps pay off or pay down your monthly calculated service charges.
Municipal Checking
Bank of Luxemburg offers an array of accounts and services for cities, towns, villages and school districts in the area.
- $100 minimum balance to open account
- No minimum daily balance
- No monthly service charge
- Tired rate of interest
Non-Profit Checking
Bank of Luxemburg supports the efforts of non-profit organizations to build stronger communities for us all. Open your Non-Profit Checking account today and take advantage of these great benefits.
- $100 minimum balance to open account
- No minimum daily balance
- No monthly service charge
- Tired rate of interest
- Unlimited check writing
- Unlimited electronic transactions
Contact us today at 920-845-2345 for interest rate information.
Complement your account with any of the following services:
- Debit Card
- Online Banking
- Mobile Banking
- eStatements
- 24 Hour Telephone Banking