Money Market

Our Money Market Account is a great savings tool for your business because it allows you to earn a higher dividend rate than most checking accounts, but still offers the convenience of checks.

Money Market

The LGE Business Money Market also offers:

  • Free Money Market checks
  • No maintenance fees
  • Convenience of Direct Deposit, Payroll Deduction, or Pre-Authorized Transfer directly into  your Business Money Market Account

There is a minimum average daily balance requirement of $2,500 to maintain and earn a dividend, and if your average daily balance falls below $2,500 in any month, you will incur a fee at the end of that month.  The rate you earn is tiered according to your average daily balance.

To open a Business Money Market Account, visit any LGE branch or simply give us a call!

Premium Money Market

Our Premium Money Market Account is great if you are looking to earn a higher rate on your deposits, but still desire some liquidity. It pays a premium rate for average daily balances of $50,000 or more.

Some restrictions:

  • The account requires a $50,000 minimum opening balance
  • Does not allow check, ACH, ATM or Visa® debit card access
  • If the average daily balance after opening drops below $50,000, no dividends are paid for that month

To open a Premium Money Market Account, visit any LGE branch or call us at 770-424-0060.

To open a Business Money Market Account, visit any LGE branch or simply give us a call!

Money Market & Business Account Rates

Table data for Business Accounts
 Rates Effective 01/01/18
Rate APY Balance Amount Alert Me
Business Savings 0.145% 0.15% $100.00 or > Receive a notification when this rate changes
0.195% 0.20% $25,000 or > Receive a notification when this rate changes
0.245% 0.25% $100,000 or > Receive a notification when this rate changes
Business Secondary Savings 0.145% 0.15% $100.00 or > Receive a notification when this rate changes
0.195% 0.20% $25,000 or > Receive a notification when this rate changes
0.245% 0.25% $100,000 or > Receive a notification when this rate changes
Primary Checking N/A N/A $2,500 Average Daily Balance Receive a notification when this rate changes
Growth Business Checking 0.25% 0.25% $10,000 Average Daily Balance1 Receive a notification when this rate changes
Volume Business Checking N/A N/A Earning Credit available2 Receive a notification when this rate changes
Non-Profit Checking N/A N/A N/A Receive a notification when this rate changes
Money Market 0.245% 0.25% $2,500 or >3 Receive a notification when this rate changes
0.345% 0.35% $10,000 or > Receive a notification when this rate changes
0.445% 0.45% $25,000 or > Receive a notification when this rate changes
Premium Money Market - limited time offer 0.545% 0.55% $50,000 or >4 Receive a notification when this rate changes
0.645% 0.65% $100,000 or > Receive a notification when this rate changes
A $5 minimum balance is required to maintain a Business Membership Savings Account. All LGE Business Checking Accounts require $100 minimum deposit to open. Earnings on accounts can reduce fees; consult with the LGE Business Accounts Schedule of Fees. Dividends on accounts are variable and are subject to change after the account is opened. APY refers to Annual Percentage Yield. Dividends are compounded monthly for checking and are compounded quarterly for savings accounts. Rates and APY subject to change without notice.
  • 1If Average Daily Balance falls below $10,000 the monthly maintenance fee is assessed. Refer to the LGE Business Accounts Schedule of Fees for more information.
  • 2Earnings credits are calculated by applying the Growth Business Checking rate to the average daily balance of the account.
  • 3If the average daily balance falls below $2,500 for the dividend period, it will become a non-dividend bearing account and you will be charged a fee. Limit 6 withdrawals per month as required by Regulation D.
  • 4Rate is variable and may vary after the account is opened. $50,000 minimum balance to open. $50,000 minimum average daily balance to earn APY. Fees can reduce earnings on accounts. Limit 6 withdrawals per month as required by Regulation D.

Re-ordering checks

To reorder checks, please log in to Online Banking and choose "Reorder Checks" from the "Account Services" widget. You can also contact us at 770-424-0060.