traditional
BUSINESS SAVINGS



We offer a variety of traditional savings products to meet your business needs. Our full-service Investment Department is available for alternative options. 

A minimum deposit of $100 is required to open all savings accounts.  Please refer to our
Rate Chart for current interest rates.


  • Minimum balance of $200
  • Below balance monthly charge of $3.00 and $.50 per withdrawal or debit in excess of three per month
  • Free ATM transactions at any Lake Elmo Bank ATM location
  • 4 Free ATM transactions per month at any non-Lake Elmo Bank ATM; additional at $.50 each
    ATM surcharges may be assessed by non-Lake Elmo Bank ATMs
  • Excess Reg D withdrawal fee may apply
Interest compounded quarterly

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Member FDIC