Business Checking Accounts

You have big dreams for your business. Whether you’re just starting out or trying to take your business to the next level, we’re here to help turn your dreams into solutions that work for you.
Customers sitting at table in front of Bao Boys Food Truck in Ann Arbor, Michigan.

An easy step toward your goals.

An easy step toward your goals.

It’s the little things that add up to success. Opening your business checking account is a simple, easy way to move forward. And we are here to support you along the way.
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Business/Municipal/Government Basic Checking

A great place to start. Checking accounts for business don’t need to be complicated. Open a basic business checking account to help with the essential things that your business does every day.
INTEREST
0.00% APY1
MINIMUM TO OPEN
$50.00
Start now

MORE DETAILS

Monthly $7.00 fee; waived when minimum balance is met

Minimum balance $300; or combined deposit accounts of $3,0002

Business debit card available

Free Business Online Banking and Mobile Banking

Treasury services available

View fee schedule for per item fee

Premier Business Checking

The perfect step up for the growing stages of your business. This account takes your basic business checking to the next level.
INTEREST
0.00% APY1
MINIMUM TO OPEN
$50.00
Start now

MORE DETAILS
Monthly $10.00 fee; waived when minimum balance is met

Minimum balance $1,000; or combined deposit accounts of $5,0002

Business debit card available

Free Business Online Banking and Mobile Banking

Treasury services available

View fee schedule for per item fee

Business Interest Checking

If your business accounts often have higher balances, a Business Interest Checking account allows you to earn interest on that balance. Letting your money do more for you.
INTEREST
0.10% APY1
MINIMUM TO OPEN
$50.00
Start now

MORE DETAILS
Monthly $25.00 fee; waived when minimum balance is met

Minimum balance $5,000; or combined deposit accounts of $30,0002

Interest earned on monthly balances greater than $5,0003

Business debit card available

Free Business Online Banking and Mobile Banking

Treasury services available

View fee schedule for per item fee

Not a member yet? Get started today.

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BUSINESS MEMBER STORY

Serving up bold flavors at Bao Boys.

BUSINESS MEMBER STORY

Serving up bold flavors at Bao Boys.

Brian K. and Steven C. started Bao Boys, a popular food truck in York Yard, to share their love of food with the Ann Arbor community.

READ MORE
Open takeout container with three baos from Bao Boys Food Truck in Ann Arbor Michigan

FINANCIAL WELLBEING LIBRARY

Learn more about how you can empower your business.

Your financial wellbeing means more than your balance sheet. It’s about how you’re feeling about your finances. And we’re here to help support you wherever you are on your journey.

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One Act. Big Impact. The Raffle That Gives Back.

You could win up to $20,000 in the Lake Trust Credit Union Foundation Raffle AND help support wellbeing initiatives in Michigan communities.

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Helping others on their self-care journey.

Sylvia's Sudsery, LLC of Lansing offers artisan soaps, bath bombs, foaming sugar scrubs, and more. But, the heart of Sylvia's Sudsery is to create an accepting and inclusive space that supports others on their self-care journey.

Continue reading

More resources for your business.

Open checkbook

Check Reorder

Already have business checking and need to
reorder checks?

Order today4
Lake Trust Credit Card next to laptop

Business Credit Card

A Lake Trust Platinum Business Visa® Credit Card can help you make purchases for your business with ease.

View Details

1APY = Annual Percentage Yield. Rates as of September 30, 2024 and are subject to change.
2The qualifying Deposit Accounts include all Savings, Checking, Certificates of Deposit, and Money Markets.

3The average daily balance is calculated by adding the balance at the end of each day during your statement cycle and dividing it by the number of days in that cycle.

4Third party website. Lake Trust Credit Union is not responsible for the content, availability, security or compliance of any linked third party websites. In addition, the site’s privacy policies may differ from those of Lake Trust.