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Last Updated: 04/18/2025

L&N Federal Basic Business Checking Account

from L&N Federal Credit Union

Last Updated: 04/18/2025

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Monthly Service Fee

$0(Verified 03/19/2025)

ATM Fee: Out-of-Network (within the U.S.)

N/A


Minimum Average Balance to Avoid Monthly Service Fee

N/A


APY (Annual Percentage Yield)

N/A


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L&N Federal Basic Business Checking Account Review

L&N Federal Basic Business Checking Account is offered by L&N Federal Credit Union, a credit union founded in 1954 and based in Louisville, KY. L&N Federal Business Checking Account is available in 50 states and Washington, DC.

Key Takeaways

  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • $100 minimum opening deposit. This is a typical minimum initial deposit.
  • No ATM fees. L&N Federal Basic Business Checking Account does not charge fees on ATM transactions .
  • Bill pay. Pay your bills to practically anyone in the United States when you enroll in L&N Federal Credit Union mobile or online banking.

L&N Federal Basic Business Checking Account Pros & Cons

L&N Federal Basic Business Checking Account FAQ

Are business checking accounts from l&n federal credit union federally insured?

Yes, your business checking accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does L&N Federal Basic Business Checking Account offer?

L&N Federal Basic Business Checking Account is not an interest bearing account.

What are the account minimums for L&N Federal Basic Business Checking Account?

L&N Federal Basic Business Checking Account requires a minimum initial deposit of $100 to open an account.

What fees does L&N Federal Basic Business Checking Account charge?

The good news is that this account does not have a monthly service charge.

What features and perks does L&N Federal Basic Business Checking Account offer?

This account includes the following features:
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - L&N Federal Basic Business Checking Account allows you to manage your money online.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

9265 Smyrna Pkwy
Louisville, KY 40229
(800) 292-2905
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Hours of Operation

Sunday
Closed
Monday
8:30AM - 5:00PM
Tuesday
8:30AM - 5:00PM
Wednesday
8:30AM - 5:00PM
Thursday
8:30AM - 5:00PM
Friday
8:30AM - 6:00PM
Saturday
8:30AM - 5:00PM

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Monthly Service Fee

$0 - $10
Disclaimer popup with additional information

ATM Fee: Out-of-Network (within the U.S.)

N/A

Minimum Average Balance to Avoid Monthly Service Fee

N/A

APY (Annual Percentage Yield)

0.05% - 0.10%
Disclaimer popup with additional information
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SuperMoney Net Recommendation Score

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0

-1000+100
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Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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