Checking Accounts
Easy Checking, Money Market Checking, and Aspire Checking.
A required savings account for any person 18 or older. Holds $5 on deposit to establish and maintain membership with the credit union.
Membership Savings
Minimum balance requirement of this account is $500. Typically a promotional account.
CD Plus
Your member mentions that they need a way to send funds electronically to friends and family.
Zelle
Your member mentions that they are looking for information about buying a home.
Mortgage Center
This account charges members a $5 fee if their account falls below $1000 on any given day during the month.
Money Market Checking
This account encourages savings by paying higher interest on a lower balance. It is a five-tiered savings account. It is restricted to one account per member.
Aspire Savings
This account allows additional deposits at any time. These deposits serve as entries into a drawing.
Save to Win CD
Your member expresses frustration with constantly having to stop in and withdrawal cash from their savings account for groceries, gas, or other small purchases.
Debit Card/Checking Account
Your member mentions that they are hoping to retire next year.
Financial Life Planning Referral
This account is ideal for someone who wants to earn interest on their money and for someone who writes a lot of checks. We are able to order one box of checks for free for members who have this type of account.
Money Market Checking
This account offers free cashiers checks for our members. A $10 fee is assessed at the end of each month that this account falls below $1000 on any given day during the month.
Money Market Savings
A CD within this term would receive a penalty of 90 days worth of interest if closed out.
3-23 Month CD
Your member mentions their frustration with having to stop in frequently to drop off checks.
Mobile Deposit
Your member mentions that they are struggling to get ahead with rising debt and they don't know how to keep a hold of their own finances.
FLP Green Path
This product is only offered for existing members. It is a temporary account we can offer that requires the following criteria to be met while the member has the account:
No negative balances in the last six-months
Active deposits (at least 2 per month) in the last six months
Maintained a balance of $100 for two or more consecutive days at least once a month for the previous six-months
Aspire Checking
This account can have an interest rate up to 3.51% APY.
Money Market Premium
A CD within this term would receive a penalty of 180 days worth of interest if closed out.
24-72 Month CD
A service offered within our online banking platform. Allows our members to budget their finances.
Money Management
Your member owns a business, and they mention they are looking to apply for a business loan for $75,000.
Commercial Lending Referral
How many checking accounts does Lake Trust offer?
6 in total. Easy Checking, Money Market Checking, Aspire Checking, Basic Business Checking, Premier Business Checking, Business Interest Checking.
This account utilizes a preauthorized transfer to transfer the entire balance annually to any deposit account.
Holiday Savings
This product is only able to be offered by managers. It allows us the ability to retain highly engaged members. This product allows us to match the rate (up to .50 higher) and term of another FI's CD.
Loyalty CD
This page in online banking allows business owners to access budgeting templates and cost analysis for their business.
Quicken or Quick Books
Your member owns a large business, and mentions that they frequently deposit checks, and it is a bit tough for them to get to the branch every few days.
Treasury Services Referral