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Business

Business Services

The behind-the-scenes tools that keep your business moving.

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Cash Management

Move your money like the pros do.

From eBanking to ACH, we've got the tools to keep your cash flow simple and your business moving.

eBanking

  Conduct banking transactions conveniently over the Internet. Real-time information and a full set of functions for your business.

Zero Balance Account

  Eliminate excess balances in separate accounts. Funds automatically transfer to cover payroll, health care, and general payables. $10/month per account.

Night Deposit

  Deposit your business proceeds even when the bank is closed. Processed on the next business day.

Deposit Consolidation

  Consolidate deposits from multiple locations into a single company account via ACH, so you stay on top of your funding position.

ACH Debits

  Transfer funds by authorizing us to electronically debit your bank account for the amount you report via our system.

ACH Credits

  Pay employees, retirees, shareholders, or trading partners on a regular basis. Automatic deposit, no checks.

Check Imaging

  View checks written and received through eBanking and on your monthly statements. Verify what was received and who wrote each one.

Collection / Drafts

  Complete control over issuance of drafts and an automated method for collecting and tracking drafts to ensure prompt payment or return.

Corporate Card

  An efficient payment option with greater convenience and control than cash or checks. Set spending limits for authorized employees.

Money Transfer

  Easily and quickly transfer funds from one Legacy Bank account to another via eBanking.

Wire Transfer

  A simple, secure, and fast method of transferring money to a different company, customer, account, etc.

Remote Deposit

Deposit checks wherever, whenever.

Snap, send, done.

Deposit large checks
Make frequent deposits
Digital copy of paper checks
Access reports on deposit activity
Prevent lost or stolen checks
Edit, verify, and approve deposits
Legal recognition software that profiles dollar amounts and reduces key entry
Notes:
  • Mobile Deposit involves a two-year agreement at $50 per month. A one-time $500 installation / set-up fee includes software, hardware, and a two-year maintenance plan.

  • If a two-year agreement is not right for your company, Legacy Bank also offers you the option of purchasing the hardware at the bank's cost. Under this option, you are responsible for purchasing your own maintenance plan. The monthly charge for this option is $50.

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Sweep Accounts

Don't let your money just lie around all day

A floor balance of your commercial checking and sweep increment levels are set according to your daily activity. To reach your floor balance, Legacy Trust sweeps funds daily into and out of your Legacy Bank checking account and into or out of a higher-yielding money market account. The money market accounts are held with a well-respected money manager, giving you a higher rate of return while keeping the flexibility and liquidity of your commercial checking account.

Large, well-respected money manager managing your excess funds
Earn a higher interest rate on your balances
Same-day sweeping allows you quick access to your swept funds
All the benefits and flexibility of your commercial checking account
Notes:
  • Products offered through Legacy Trust may not be FDIC insured, are not guaranteed by the bank, and may involve investment risk including loss of principal.

Benefits & Retirement

Retirement plans that don't make HR cry.

Whether it's a 401(k), 403(b), Profit Sharing or any other Employee Benefit Plan, we can either help your business implement an employee benefit plan or take over your existing plan. We're experienced in keeping employee benefit plans in compliance and handling investment decisions, so you can dedicate your time and energy to your business. Here's how Legacy Trust can assist with a retirement plan such as a 401(k):

Serve as your plan's third-party administrator
Prepare the IRS Form 5500 annually
Testing of plan to maintain compliance
Wide array of investment options
Start a new plan or assume an existing plan
Notes:
  • Products offered through Legacy Trust may not be FDIC insured, are not guaranteed by the bank, and may involve investment risk including loss of principal.

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Merchant Services

Get paid the way your customers want to.

Whether you're running a coffee shop, a clinic, or a contractor's office, accepting cards should be the easiest part of your day. Get set up with everything you need to take payments in person, online, or on the go.

Business Lending

Loans built for how Oklahoma actually does business.

Commercial lending is another area where Legacy Bank excels. Our experienced Loan Officers can assist you in tailoring a myriad of lending products designed to meet your unique needs. Our experience ranges from working capital loans, short term liquidity loans, loans to the medical communities, commercial real estate loans, oil and gas lending, to lending in construction and development. We have developed expertise in loan structures to accommodate your situation.

Legacy Bank roots go back to 1902 in rural Oklahoma. Ag lending has always been one of our strengths. Our specialized Ag Loan Officers understand the unique lending required for today's challenging environment with our farm and ranch customers. We incorporate Ag specific software to assist in the analysis of even the most complex and diverse Ag operations. You can find Ag lending in many banks, but few, if any, have the history and knowledge we have developed over the last century.

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Business Credit Cards

More rewards. No annual fee. Less nonsense.

Manage content, track performance, and collaborate with your team from a single, easy-to-use dashboard. No more switching between tools or losing track of progress — it’s all here when you need it.

Earn rewards with no annual fee
Employee cards at no cost
Card management tools
Live customer service