All accounts receive monthly statements. A minimum of $100 is required to open all checking accounts unless otherwise stated.
- Must maintain a $25,000 average ledger balance.*
- No overdraft fees.
- No below balance fee.
- Free stop payments.
- Free small Safe Deposit Box or equivalent credit.
- Free personalized checks (standard design) or $10.00 credit toward design of your choice.
- Free ATM transactions Lake Elmo (LEB) ATMs.
- No LEB fee for ATM transactions at any location.
- ATM surcharges unrelated to our accounts may be assessed by out of network ATMs.
- Debit/ATM ISA, International Service Assessment fee may be charged.
- Reimbursement of ATM surcharges.
Transaction receipt required for reimbursement of ATM surcharges upon request.
- Free domestic wires.
- Free overdraft sweep/transfer (upon enrollment).
- Free Online Bill Pay (upon enrollment).
- Free cashiers checks and money orders.
- Discount on Visa gift cards.
- .25% rate increase over stated rates on new CDs (minimum of $10,000).
- Tiered interest rate – Earn our highest checking interest rate on balances of $25,000 or more.***
- Free check images with monthly statements.
Interest compounded monthly.
* If average ledger balance is not maintained, account will be reclassified and you will be notified with appropriate disclosure and effective date.
***Please refer to our Rate Chart for current interest rates.
All LEB Checking Accounts Receive:
- Free Online Banking (upon enrollment).
- No Annual Fee Debit Card.*
- $5.00 credit on first order of checks.**
**For new customers to Lake Elmo Bank.