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.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “non-interest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit, www.fdic.gov.

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Pembroke, NC

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