Lusk State Bank

Commercial Accounts

Lusk State Bank knows that at the heart of every community are the merchants who live and work there. We believe working with business is good business. That’s why we offer a wide variety of banking services to meet our commercial customers’ unique needs.

Basic Business Checking

A non-interest bearing checking account for owner-operated, start-up, and small businesses with unlimited check writing

  • $4.00 monthly maintenance fee on each account
  • $0.20 charge per debit item
  • $0.20 credit per $100.00 average monthly balance as offset to fees
  • $100.00 minimum deposit required to open account
  • Internet banking available

 

NOW Checking

(For individuals and qualifying entities only)

An interest bearing account with unlimited check writing privileges

  • $1200.00 minimum required to open
  • Interest based on average daily balance and credited to the account each monthly statement cycle
  • Tiered service charge plan

o $1200.00 and over average monthly balance – no charge

o $1199.00 to $800.00 average monthly balance -- $3.75 charge and $0.20 per check over 20 checks

o $799.00 to $500 average monthly balance -- $5.25 charge and $0.20 per check over 20 checks

o Under $500.00 average monthly balance -- $7.75 charge and $0.20 per check over 20 checks

  • Debit cards are available
  • Internet banking available

 

Basic Business Savings

An interest bearing account that provides convenient access to funds

  • $100.00 minimum deposit to open
  • Interest compounded quarterly
  • No interest paid if average daily balance for the quarter is below $100.00
  • Allows 6 debits per statement cycle that are not initiated in person; unlimited in-person transactions
  • $3.00 fee to close account if open less than 90 days
  • Internet banking available

 Business Time Deposits

An investment opportunity with a fixed rate of interest for a specific period of time

  • $500.00 minimum to open
  • $50,000.00 minimum deposit for CDARS
  • Interest compounded and credited quarterly
  • Early withdrawal penalty applies
  • Terms of maturity from 1 month (CDARS only) to 60 months
  • Automatic renewal option available
  • Internet banking view available

CDARS and ICS programs

Excellent interest bearing options to optimize FDIC insurance protections for large deposits

Please inquire about these programs if you think they might meet your needs.

**Variable account interest rates may change from time to time as set by the bank. All accounts may be subject to regular bank charges for overdrafts, non-sufficient funds and returned checks, stop payment orders, reconciling charges and printed check charges. Such fees could reduce your earnings on the account. Please call (307) 334-2500 for current rate information.**