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Commercial Savings

Find the Account That's Right for You!

 

Commercial Money Market Account

Commercial Savings

Minimum Opening Deposit

$50

$50

Earns Interest
YES
YES

Minimum Daily Balance Requirement to avoid monthly service charge

$4,000

$500

Periodic service charge

$14

$10.00 per quarter

Debit Card Daily Purchase Limit

$2,500

 

Debit Card Daily ATM Limit

$510

 

Paper Statement Options
YES
YES

E-Statement Option
YES
YES

Online Banking
YES
YES

Mobile Banking
YES
YES

Mobile Deposit
YES
YES

Zelle
YES

 

For full details on the accounts listed below, refer to the full Account Agreement and Truth in Savings Disclosure that includes our Rate and Fee Schedule.

Commercial Money Market Account

Designed with a combination of savings and accessibility in a single account

  • This is an interest-bearing account

  • $50.00 minimum opening deposit.

  • No monthly service charge when you maintain a minimum daily balance of $4,000.00, otherwise, the service charge is $14.00 per month.

  • Subject to transaction limitations Fees may apply if you exceed the allowable six (6) withdrawals during a statement cycle.

  • Complimentary E-statement or paper statement.

  • Business debit card is available.

Commercial Savings

Designed to offer a convenient way to reach your savings goals

  • This is an interest-bearing account.

  • $50.00 minimum opening deposit.

  • No quarterly service charge when you maintain a Minimum Daily Balance of $500.00, otherwise, the service charge is $10.00 per quarter.

  • Subject to transaction limitations. Fees may apply if you exceed the allowable six (6) withdrawals during a statement cycle.

  • Complimentary E-statement or paper statement.


Certificates of Deposit

Designed to secure your savings with guaranteed growth.

  • This is an interest-bearing account.

  • $1,000.00 minimum opening deposit.

  • Investment terms range from 30 days to 5 years.

  • You may not make additional deposits to the account during the term.

  • Early withdrawal penalties apply.

Could you be the target of fraud or scams?

Have you received a call from someone pretending to be Lafayette State Bank?  Please remember--we will never call you to ask for private or confidential information such as account numbers, debit card details, or online banking credentials. If you receive a suspicious call, do not share any information and contact your local branch directly! Your security is our top priority!

Frequently Asked Questions