Business Checking Accounts

The Only Deposit Accounts Your Business Needs

Whether you have a full Accounts Payable department or one multi-tasking team member, every business needs a reliable checking account. Ladysmith Federal offers two options designed to master the essentials while providing only the features you truly need. 

Business Checking

A straightforward, cost-effective account for everyday business banking.

Features:

• Only a $100 minimum balance. If the balance falls below $100 during the month, a $5 service charge applies
• First 100 checks free
• Unlimited check writing
• No charge for credits or transfers
• Free Internet Banking
• Free Mobile Banking
• 24-Hour Telephone Banking
• ATM/debit card available (see details below)
• Electronic Federal Tax Payment System (EFTPS) online access

Business Checking Plus

All the features of our Business Checking account plus interest-earning benefits.

If your business maintains a higher balance and wants to earn more from its operating funds, Business Checking Plus may be the ideal fit.

• Only a $100 minimum balance. If the balance falls below $1,000 during the month, a $10 service charge applies
• Visit our Rates page for current interest information.

Is Your Checkbook Looking Thin?

REORDER CHECKS

ATM/Debit Card

Combine the power of a check with the convenience of a credit card, and you get the Ladysmith Federal debit card.

Use your debit card anywhere you see the Visa logo. Purchases are deducted directly from your business checking account, just like writing a check. It also works at ATMs, allowing you access to your accounts at ATMs worldwide.

UChoose Rewards

Most rewards programs limit your options on where to shop and what to buy, and it takes forever for your points to add up. We’ve decided to change all that.

With UChoose Rewards, you have access to hundreds of retailers where you can earn big rewards, and there are millions of choices for redeeming the points that accumulate every time you use your Ladysmith Federal debit card.

How it works:

• Earn 1 point for every $2 spent when you use your debit card and sign for your purchases.
• Earn additional points by shopping at participating retailers, either in person or online, at www.uchooserewards.com.