Page 7 - Premier Banking Booklet
P. 7
Premier Checking
Lake Michigan Credit Union’s 3% Premier Checking earns IOLTA Checking
one of the highest interest rates in the country - over six For Michigan clients, enjoy our Interest on Lawyer Trust
times the national average. Premier Checking’s superior Account (IOLTA). This is an interest bearing checking
return pays you more than money market accounts, CDs, account for lawyers and law firms to hold client funds for
and many long-term investment products. future distribution.
Premier Checking • Interest bearing
• Super high interest – 3.00% APY on balances • No monthly maintenance fee
*
up to $15,000 and 0.40% APY on everything else, • No minimum balance required
earning interest on every dollar
• Unlimited check writing IOTA Checking
• No minimum balance required This program pays dividends to the Florida State Bar
• Free Mobile Banking with enhanced mobile check Foundation - financing legal assistance for the poor,
deposit (deposit checks with your smart phone) improvements in the Administration of Justice, and law
• Free Bill Pay student assistance.
• Free wire transfers • Interest bearing
• Free safe deposit box – subject to availability • No monthly maintenance fee
• Free ATM usage worldwide • No minimum balance required
• Free checks and cashier’s checks
• Unsecured line of credit tied to Premier Checking
• Premier Student Checking available
• Embossed leather checkbook and checks branded *APY = Annual Percentage Yield. Rates as of 6/1/21 and subject to change after account
with Premier Banking insignia opening. 0.40% APY paid on balances over $15,000. Some requirements apply. Fees may
reduce earnings. $5 membership required if not a member.
