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Business Select Plus Checking

Enhance the value of your account by consolidating your funds in one place and earning a tiered interest rate on your operational balance.
 
 
  • $25,000 minimum balance to open account
  • $25,000 daily balance required to avoid a fee
  • Service Charge: $12.00
Transaction Charges:
  • 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
Business Select Plus Checking offers unlimited debit card transactions with no fees. Additionally, transfers through online banking, 24 hour banker, automatic payments and automatic funds transfers between Bank of Luxemburg accounts. 
 

You’ll receive an earnings credit on the average collected balance in your account each month, which helps offset or reduce your monthly service charges.

 A detailed account analysis of all of the activity and charges is available upon request. Use the account analysis to determine if excess funds can be invested in another account or back into your business. 

If your daily balance falls below $25,000.00 at any time during the statement cycle, a $15.00 monthly service charge will apply.