Minimum Opening DepositAccount may be opened with a deposit of $50.
Monthly Service FeeThe Monthly Service Fee of $9.00 can be reduced to $7.00 by enrolling in eStatements. -It can be waived entitely by making 8 debit card purchases, one direct deposit or ACH, enroll in eStatements and maintain a valid email address with Lake City Bank
Interest RateThis is a high-yield interest checking account. You can earn 0.36% on balances up to $15,000.00. The rate for balances over $15,000.00 is 0.16%. The rate if you don't qualify for the bonus is 0.01%.
up to 0.26 %
Debit Cards & Using ATMs
ATM Fee ReimbursementsThis account includes rebates of ATM fees when you use non-affiliated ATMs with the following limits: - Up to $25.00 total in rebates per month.Rebates are credited to your account at the end of the statement cycle.To qualify, you must meet the same minimums required to receive other incentives.
Surcharge-Free ATM AccessSurcharge-Free access to your cash at all Star/Plus ATM locations.
Non-affiliated ATM Usage FeeThere is a $3.00 fee for using a non-Lake City Bank ATM.
International ATM Usage FeeThere is a $5.00 fee plus 3% of the transaction for using an ATM outside of the US.
Electronic & Telephone Banking
Online Bill PayYou can expedite Internet Bill Payments for $5 per payment.
Mobile & Text BankingThis institution supports: - A downloadable mobile application to view account balances, view recent activity, transfer funds, pay bills, receive alerts; - An iPhone application to view account balances, view recent activity, transfer funds, pay bills, receive alerts; - An Android application to view account balances, view recent activity, transfer funds, pay bills, receive alerts.
Deposit Checks with Mobile PhoneThis mobile deposit application is available for iPhone, BlackBerry, and Android devices.
Person-to-Person PaymentsFree thru Zelle
Email AlertsThis Email Alert feature enables you to receive: - Warnings when your balance falls below a certain threshold; - Notice of deposits or withdrawals over a certain threshold; - The bad news that your account balance is below $0; - Reminders that bills are coming due for payment; - Confirmation that bills have been paid; - An email to let you know there's a secure message for you in Online Banking; - Priority Online Account notifications (i.e., change of password).
Included with Online Banking
Automated Phone Banking
Checks & Statements
Unlimited Check Writing
Free or Discounted Checks
Monthly Paper Statements
Check Images with Statements
Online Check ImagesImages of canceled checks can be viewed online for 12 months.
Overdrawing the Account
Negative Balance FeeThere is a $25.00 fee for a negative balance after 5 calendar days with less than a $0.00 balance. After that, this fee is assessed every 5 days with a negative balance.
Returned Item FeeThe Insufficient Funds Fee is $37.00 per overdraft.
Overdraft ProtectionThis checking account has 3 options for Overdraft Protection.From a linked Savings Account: - Transfer fee of $10.00. The transfer fee is charged for every $100.00 of negative balance; - Funds are transferred in fixed increments of $100.00.From a linked Alternate Checking Account: - Transfer fee of $10.00. The transfer fee is charged for every $100.00 of negative balance; - Funds are transferred in fixed increments of $100.00.From a linked Overdraft Line of Credit: - The amount transferred and transaction fee are dependent on the terms of the line of credit agreement.
About Lake City Bank
Lake City Bank has a proud history of service to the communities we serve. The third oldest State-chartered bank in Indiana, we were founded in 1872. Through boom times and recessions, even the Great Depression, we continued to serve the wonderful people of northern Indiana and they, in turn, have helped us grow into one of the region's largest locally-based financial institutions.
Providing the highest level of attention to the unique financial needs of each and every customer has always been one of the hallmarks of Lake City Bank. From starter checking accounts to high interest savings or great loan rates, we're here to help.