Personal Funds (Resident Trust Account)
Lakewood will hold, safeguard, manage, and account for personal funds that you choose to deposit with the facility. Your personal funds are maintained in a separate Resident Trust Account at a local bank and bear interest at the going rate. You will receive quarterly statements of account activity. A receptionist is available to assist you with resident trust withdrawals Monday through Friday 8 am until 8 pm and weekends 9 am until 5:30 pm.
Note: Upon discharge, Lakewood will deduct from the balance of your account sums owed to us which are not payable under a third-party payer program, refunding any remaining balance within 30 days.