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Business Checking

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Photo of business owner and his employeesGet More Time Back in Your Day

Your to-do list gets shorter when you work with Peoples Bank’s Business Services team. We’ll take the time to develop a personalized solution for you, whether it’s a simple business checking account or a comprehensive cash management system.
 
Here’s what we offer:
  • Free online banking and mobile deposit
  • Choice of checking accounts to meet your individual business needs
  • Remote deposit eliminates daily trips to the bank
  • Cash management solutions help eliminate paper and processing time
  • Loans to fund your growing business needs

Click here to contact a business services expert

 

 
Business Account Options
          Compare Checking Accounts
           Basic Business CheckingBusiness Checking*Small Business Checking
          The ideal account for you if...... your business has low to moderate number of transactions each month.……your business has a high number of transactions each month.…you're a small business, such as a sole proprietor.
          Minimum daily balance fees
          • $5,000 and above: No fee
          • $2,000 to $4,999: $5/month
          • $1,999 and below: $8/month
          • $2,500 and above: No fee
          • $2,499 and below: $8/month
             
          • No minimum balance requirements
          Debits
          • 0 to 50: No fee
          • 51+: $.20 each
          • $.20 each*
           
          Credits
          • 0 to 100: No fee
          • 101+: $.10 each
          • No fee for on-us items*
          • $.07 for not on-us items*

          Total items (debits, credits, and deposited items)

          • 0 to 100: No fee
          • 101+: $.25 each
          StatementsFree paper or E-statementFree paper or E-StatementFree E-Statement

           

          * Business Checking disclaimer: Fees may be offset by an earnings credit, which is based on the average 91-day treasury bill rate. This rate will be applied to your average collected balance, less a 10% reserve requirement.

          Community Club Account

          This account is designed for non-profit organizations like churches, clubs, and social services. 

          • No monthly fees
          • No minimum balance
          • Unlimited transactions
          • Free paper or E-statement
          Business Cash Management
          This limited activity money market account provides a cost-effective, interest-bearing alternative for excess cash.
           


          Remote Deposit 


          Deposit checks, at any time, from your office.

          Easily and securely capture images of checks received at your office, and then transmit the images directly to Peoples Bank for deposit directly into your Peoples Bank checking account.

          • Reduce administrative time and costs associated with deposit preparation – eliminates trips to the bank
          • Within seconds, key in deposit amount, scan check, and send it to Peoples Bank
          • Remotely deposit at any time throughout the day
          • Electronic deposit ticket automatically generated
          • Security features prevent checks from being transmitted twice
          • Account information is stored on your computer for easy access
             

           
          Cash Management and Payroll Solutions
          • Eliminate the need to write payroll checks or receive checks as payment
          • Process payments on-time
          • Import files from accounting software such as QuickBooks (NACHA format)
          • An ACH specialist will personally visit your business to train employees about ACH origination. We also provide free, ongoing support that’s only an email or phone call away.

          It’s not just great for payroll. Consider:

          • Customers with rental properties can set up tenant rent payments
          • Fitness facilities, golf courses, or groups of any kind can set up membership dues
          • Churches can set up tithing/building funds
          • Cities can set up utility billings

           

          Click here to contact a business services expert

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