Business Banking at it's Best. The Lake Bank.

Business ACH Origination

ACH Origination via our easy to use Cash Management program is the easy way to transfer funds quickly and efficiently using electronic processing. Businesses use ACH origination services for direct deposit of payroll for employees, accepting electronic payments from customers, and for cash management.

ACH can provide our business with benefits such as:

Increased payroll efficiency, confidentiality, and security
Fewer trips to the bank to make deposits
Lower costs and increased efficiency
Improved cash flow
Minimized manual processing by your employees

ACH origination is available and cost effective for small and large businesses alike. You’ll wonder why you didn’t start using is sooner!

On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009. The Lake Bank is also participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.