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LANB Business Checking is designed for use by corporations and partnerships. It includes
unlimited check writing, and there's no service fee if a $300 minimum balance is
maintained. If the account falls below $300 during any month, the service fee is only $5
for that month. There's never a per-transaction fee, regardless of your balance.
To help you keep your cash flowing, we give you immediate credit on deposit of your
customer's checks, even if they're from out-of-state.
While the account is not interest-bearing, transfers to and from a savings account can be
set up on a regular or as-needed basis to maximize yield (limit of six transfers per month).
LANB pays one of the highest interest rates in New Mexico on a regular savings account.
Companies with large cash reserves can also take advantage of LANB's high-yield Universal
Savings Account with deposits of $100,000 or more.
To learn more about Business Checking or Universal Savings Accounts,
write us at lanb@lanb.com. Be sure to give us your name
and phone number, and one of our Customer Service Representatives will contact you.
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