Business Money Manager

Lumbee Guaranty Bank is committed to meeting the needs of our customers and providing you with high quality products and service. We are pleased to offer you a new account, our Business Money Manager Account. Our Money Manager Accounts are interest earning accounts paying competitive interest rates.

Only sole proprietorship, non-profit organizations and governmental units qualify for this account.

Your statement will reflect the interest paid for the month and any service charges incurred for the month. Interest is subject to change monthly.
Minimum Balance to open $
10,000.00
Min. bal. to avoid monthly service charge
35,000.00
Monthly service charge if below min. bal
35.00
First 50 checks
No Charge
Each check over 50
$1.00
First 125 deposit items
No Charge
Each deposit item over 125
0.09

Benefits:
Checks and cover at no charge
No monthly fee for Visa Debit Cards
No fee cashier checks, money orders and travelers checks
¼% higher interest rate on Certificates of Deposit (except Special Promotions)

Stop in today and talk with our Branch Managers or Customer Service Representative.

Temporary Changes to FDIC Deposit Insurance Coverage

The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor.

The FDIC’s temporary Transaction Account Guarantee Program provides depositors with unlimited coverage for noninterest-bearing transaction accounts at participating FDIC-insured institutions. Noninterest-bearing checking accounts include Demand Deposit Accounts (DDAs) and any transaction account that has unlimited withdrawals and that cannot earn interest.

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Pembroke, NC

 
 

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