Savings & Money Markets
A Bank of Lake Mills business deposit account can be opened by a business, corporation, organization, partnership, or sole proprietorship to help manage finances. Customers can conveniently manage funds, complete transactions, and more.
This low minimum balance account helps you save towards your business goals.
- $25 minimum opening balance.
- If daily balance falls below $25 any time during the statement cycle, a monthly maintenance fee of $1.00 will apply.
Business Money Market
Earn a higher interest rate with our competitive tiered interest rate structure. You also will have the ability to write checks from this account.
- $2,500 minimum opening balance.
- If daily balance falls below $2,500 any time during the statement cycle, a monthly maintenance fee of $6.00 will apply.
Bank of Lake Mills Business Savings & Money Market Accounts that earn interest are calculated using an Annual Percentage Yield (APY) and are accurate as of the date listed on our rate sheet. Rate may change after account is opened. APY assumes interest remains on deposit. Fees imposed could reduce earnings.