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Establish a program at Lake Forest Bank & Trust Company that allows your money to grow, while letting our services take care of your banking needs. Whether you are looking to open a new checking account, save for your future, or add to your current portfolio, Lake Forest Bank & Trust Company has a program for you.

Total Access Checking

TOTAL ACCESS CHECKING2


At Lake Forest Bank & Trust Company, we put the needs of our customers first. That’s why we developed our Total Access Checking Account with unlimited FREE ATM transactions nationwide. With this unparalleled feature and with our unfailing dedication to customer service, it’s clear that the best bank around is Lake Forest Bank & Trust Company. Why bank anywhere else?

Account Benefits:

  • Unlimited FREE ATM transactions nationwide1
  • You may open account with any initial deposit
  • FREE online banking & bill pay
  • FREE first order of checks
  • Unlimited check writing
  • Overdraft protection available3
  • FREE FinanceWorks® 4

1. No transaction charge at any ATM in the Money Pass or Sum surcharge - free networks. Other banks outside the network may impose ATM surcharges at their machines. Surcharge fees assessed by owners of other ATMs outside the network will be reimbursed. Reimbursement does not include the 1% International Service fee charged by MasterCard for certain foreign transactions conducted outside the continental United States. 2. You may open the account with any initial deposit. The account is non-interest bearing. Fees, such as overdraft charges and fees for special services, may apply. A $10 fee will be charged if account is closed within the first six months of opening. See a personal banker for more information. 3. Overdraft line of credit requires credit approval. 4. FinanceWorks powered by Quicken.

The Community Account

Whether you've just moved to the area or are a longtime resident, The Community Account offers a whole bundle of benefits that have no fee or are free for three years.

You can utilize some or all of the following benefits:

  • An interest bearing NOW Checking Account
  • There is a daily minimum or average daily balance requirement to avoid a monthly service charge (no charge for three years)¹
  • FREE checks-no charge for order of safety paper checks
  • FREE Online Banking and FREE Bill Pay
  • Free imaged checks option with CheckManager Plus®
  • A low rate Home Equity Line of Credit²
  • FREE 5" x 5" x 21 " Safe Deposit Box
  • FREE, no fee MasterCard® Credit Card and no extra fee ATM Card²
  • No fees when you purchase Cashier's Checks and American Express Travelers Checks


To take advantage of some or all of these benefits, all you have to do is open this NOW Account with any amount.


¹A maintenance fee of $10.00 will be imposed every statement cycle unless you maintain either a minimum daily balance of $400.00 or a minimum average daily balance of $800.00 for the monthly statement cycle. ²Pending application approval. Please call the bank for disclosures on this product.

 

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, physical address, date of birth, taxpayer identification number and other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documents. We will let you know if additional information is required.

SingleSolution Checking®

Our SingleSolution® Checking Account is the only account you’ll ever need. It offers a tiered interest structure, discounts at local merchants, and more! You can utilize some or all of the following benefits:

  • Interest bearing checking where your rate increases with your balance! Please see our Deposit Rates.
  • FREE first order of safety paper checks¹
  • FREE MasterCard® credit card and no extra-fee ATM card or MasterCard® debit card²
  • Free access to SUM and MoneyPass ATMs in the Chicagoland area
  • FREE Bill Pay and Online Banking
  • The account may be opened with any initial deposit
  • There is a daily minimum balance requirement to avoid a monthly service charge3
  • There is a monthly non-activity fee if there are no deposits or checks posted for three consecutive months

Contact a Personal Banker for more details


¹Limitations Apply ²Pending application approval, requires usage. 3A maintenance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $400.00 any day of the cycle.

 

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, physical address, date of birth, taxpayer identification number and other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documents. We will let you know if additional information is required.

PlatinumPreferred® Account

Our PlatinumPreferred Account® offers an attractive combination of products and services designed to meet the banking needs of those fifty and older.

Platinum Adventures®

Platinum Adventures® is our travel and activities club, created especially for customers age 50+. Click here for more information.

Features and Benefits of the account

  • Interest bearing NOW checking with no minimum balance and no monthly fee1
  • Tiered account interest - the higher the balance, the higher the rate
  • FREE Specialty Mint Checks2
  • NO ANNUAL FEE MasterCard® debit card
  • Free access to SUM and MoneyPass ATMs in the Chicagoland area
  • FREE 3" x 5" safe deposit box for one year (or equivalent savings off a larger box)3
  • BONUS interest rates on all regular fixed rate CDs4
  • FREE traveler's checks, money orders and cashier's checks
  • FREE imaged checks with CheckManager Plus®
  • FREE Online Banking and Telebank
  • FREE Bill Pay
  • FREE Quicken and Microsoft Money download capabilities

Our SimpleSwitch® system makes switching your bank accounts, direct deposit and automatic bill payment very simple. Fill out and submit this application form or come see one of our friendly personal bankers. Overdraft protection also available.

1Penalty fees, such as overdraft charges, and fees for special services may apply. Account can be opened with any initial deposit. 2Limitations apply on type of check and quantity ordered. 3Limited number of boxes available. 4Excludes CD Special Rates

Money Market Account

Our Money Market Account combines liquidity and convenience in a tiered variable-rate, interest-bearing account with limited check-writing privileges.

Features & Benefits

  • Minimum Daily Balance of only $2,000.00 to avoid a monthly service fee1
  • Higher interest rates than a typical Savings Account
  • Unlimited deposits and up to six preauthorized debits at no charge
  • Unlimited withdrawals when made in person or by ATM, mail or messenger at the bank
  • FREE Online Banking and Telebank

 

1A maintenance fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $2,000.00 any day of the cycle.

Passbook Savings Account

  • You receive a personalized passbook where all of your transactions are recorded at the time of deposit or withdrawal
  • Interest is compounded and paid quarterly
  • There is a minimum balance requirement to avoid a monthly service charge1

1. A maintenance fee of $1.00 will be imposed each quarter that the balance in the account falls below $200.00

Statement Savings Account

  • Your account earns interest which is compounded and paid quarterly
  • Statements are also sent quarterly
  • There is a minimum balance requirement to avoid a monthly service charge1

1A maintenance fee of $1.00 will be imposed each quarter that the balance in the account falls below $200.00.

Junior Savers Club Account®

We believe learning to save should start at an early age. That's why we've developed a Junior Savers Club®—to help kids understand the value of money and make saving FUN! Our exclusive Junior Savers Club Account is a Passbook Savings Account designed to teach children and young adults 18 and under the rewards of saving.

In addition to learning one of life's most valuable lessons, Junior Savers will receive:

  • A Personalized passbook with identification as a Junior Savers Club member
  • A special JSC Bank to inspire daily at-home saving
  • Our exclusive "Sweets Dollars" gift certificate each time the account balance exceeds its previous high balance by $100. Certificates may be redeemed at local participating merchants
  • Extra savings to be sure your account grows—all regular account service charges are waived for Junior Savers
  • Your Junior Savers Passbook Account also receives a higher rate of interest than do adults
  • And lots of other great goodies and fun activities for Junior Savers. You'll be sent frequent invites to fun Junior Savers Club events and contests

Older kids can also benefit. Whether it's a college education or a state-of-the-art stereo system, the Junior Savers Club can help you set goals and develop financial responsibility. Your personal banker will work closely with you and your parents to structure an individual savings program that meets your objectives.

Teaching kids how to save. It's all part of our commitment to bring traditional community banking back to the community.

To Open This Account

Please come in and visit one of our personal bankers to open this account.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means to you: When you open an account, we will ask for your name, physical address, date of birth, taxpayer identification number and other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documents. We will let you know if additional information is required.

Fixed Rate Certificates of Deposit

We regularly offer a wide range of fixed-rate certificates of deposit, including the following terms


  • 3 Months
  • 6 Months
  • 12 Months
  • 18 Months
  • 24 Months
  • 30 Months
  • 36 Months
  • 48 Months
  • 60 Months

Minimum balance to open a fixed-rate certificate of deposit is $1,000.00.

 


It's Easy To Open This Account

Our SimpleSwitch™ system makes switching your bank accounts, direct deposit and automatic bill payment very simple. Fill out and submit this application form or come see one of our friendly personal bankers. Also check out our overdraft protection option. Please contact us if you have any questions.