A monthly earnings credit (based on the prevailing T-Bill index) will be calculated and credited against charges due. This credit is used to offset charges for the month, and not paid as interest.
A non-interest bearing checking account for our commercial clients.
- Monthly maintenance fee of $5.00
- Each check paid, .20
- Each deposit, .50
- Each non-LNB item deposited, .10
This account is for sole proprietorships, non-profits and charitable organizations only. Interest is earned on the entire balance as long as an average daily balance of $750 is maintained. Because we tier our interest, the higher your balance, the higher your interest rate may be.
- Monthly maintenance fee of $5.00
- Each check paid, .20
- Each deposit, .50
- Each non-LNB item deposited, .10
Relationship banking that rewards you for all the business you do with Ledyard. It's a non-interest bearing checking account that is perfect for businesses with low monthly transaction activity.
- No minimum balance requirement and no monthly maintenance fee
- No transit item fee
- Free first order of checks (up to $200)
- No charge for first 30 checks monthly (.20 each thereafter)
- No charge for first 5 deposits monthly (.50 each thereafter)
- Internet banking and bill payment (no monthly charge; .25 for each bill payment over 20
- Ledyard Business Debit Card
Business owners can connect their personal and business account balances and receive a full range of no-fee Ledyard Plan personal banking benefits with a total combined balance of $7,500.
*Effective December 1, 2008, Ledyard National Bank is participating in the FDIC's Transaction Account Guarantee Program. Under this program, through June 30, 2010, all non-interest bearing transaction accounts and NOW accounts are fully guaranteed by the FDIC for the entire amount in the account. This coverage is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
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Equal Housing Lender