Business Checking Accounts

Large, small or home-based, we have a business solution that's right for you.

Peoples Bank offers a variety of business checking accounts that are perfect for businesses of all sizes: from large corporate relationships to small office and home-based businesses. Our business banking team is here to help find the right solution for your growing business.


My Business Checking

Choose this account if you want an economical business starter account perfect for businesses that have low-volume cash handling and transaction counts. The account comes with the essential features that help establish your business banking foundation. The $5 monthly service fee is waived with Personal Relationship Checking and enrollment in eStatements.

Business Essentials Checking

Choose this account if your business has a modest number of monthly transactions and would like the power of our Business Manager online banking solution. The $10 monthly fee is waived with a minimum daily balance of $1,500.

 

Business Essentials Plus Checking

Similar to Business Essentials Checking, Business Essentials Plus also earns interest – and the $10 monthly fee is waived with a minimum daily balance of $2,500.

Community Business Checking

This account is available for nonprofit organizations and comes with no cash handling or transaction limits, Business Manager online banking, and no monthly service charge.

 

Business Relationship Package

Choose this account if you enjoy being rewarded for doing more of your banking at Peoples Bank. This account comes with a generous cash handling and transaction count benefit, and we’ll waive the $15 monthly service charge when you turn off paper statements and enroll in eStatements as well as maintain an account deposit balance of $10,000 or $25,000 in combined deposit balances or $250,000 in combined commercial loan balances. Also, receive up to five free Business Essentials Checking accounts for no extra fee.

Corporate Checking

This account is best for businesses with higher cash handling and transaction volumes and that make use of our Cash Management services like ACH Origination, Positive Pay, Merchant Services and more. The $8 monthly service charge as well as other transaction fees may be reduced or eliminated by the Earnings Credit, which may be applied to fees on the account.

Schedule an Appointment

Meet or speak with us about business banking when it's convenient for you.

Schedule

Maximize Your Sales!

Increase your customers' average purchase size when you accept credit cards.

Accept Credit Cards

Compare Business Checking Accounts

Print
  My Business » Business
Essentials »
Business
Essentials Plus »
Community
Business
»
Corporate » Business Relationship
Level 1
»
Business Relationship
Level 2
»
Minimum Opening Balance $100 $100 $100 $100 $100 $100 $100
Monthly Service Charge $51 $102 $102 n/a $8 $15 Waive $15 monthly service charge
& up to five $10 Business Essentials
monthly service charges in package
Minimum Balance to avoid Monthly Service Charge n/a $1,500 $2,500 n/a n/a n/a eStatements for all accounts in package4
and
$10,000 in daily deposit balance5 or
$25,000 in combined deposit balances6 or
$250,000 in combined commercial loan balances7
 
Interest Bearing No No Yes No No No No
Cash Deposited First $1,000 included,
then $0.10 per $100
First $5,000 Included,
then $0.06 per $100
First $5,000 Included,
then $0.06 per $100
n/a $0.06 per $100  First $5,000 Included,
then $0.06 per $100
 First $5,000 Included,
then $0.06 per $100
Debits/Checks Paid First 50 Combined
Items included,
then $0.50 per item
First 150 Combined
Items included,
then $0.35 per item
First 150 Combined
Items included,
then $0.35 per item
n/a $0.12 per Debit/Check
$0.15 per ACH
$0.06 per Deposited item
First 400 Combined
Items Included,
then $0.35 per item
First 400 Combined
Items Included,
then $0.35 per item
ACH
Items Deposited
Lockbox Items Deposited $0.06 per Lockbox item $0.06 per Lockbox item $0.06 per Lockbox item $0.06 per Lockbox item $0.06 per Lockbox item $0.06 per Lockbox item $0.06 per Lockbox item
Remote Deposit Capture (RDC) Items Deposited $0.06 per RDC item $0.06 per RDC item $0.06 per RDC item $0.06 per RDC item $0.06 per RDC item $0.06 per RDC item $0.06 per RDC item
Per Deposit n/a n/a n/a n/a $0.20 per Deposit n/a n/a
Non-Peoples Bank and Non-MoneyPass® ATM Fees $1.50 Peoples Bank fee;
Same Day Refund3;
ATM owner fee may apply
$1.50 Peoples Bank fee;
ATM owner fee may apply
$1.50 Peoples Bank fee;
ATM owner fee may apply
$1.50 Peoples Bank fee;
Same Day Refund8;
ATM owner fee may apply
$1.50 Peoples Bank fee;
ATM owner fee may apply
$1.50 Peoples Bank Fee;
Same Day Refund8
ATM owner fee may apply
$1.50 Peoples Bank Fee;
Same Day Refund8
ATM owner fee may apply
International Transaction Fee (Debit Card) 1% Transaction fee
Same Day Refund3
1% Transaction fee 1% Transaction fee 1% Transaction fee
Same Day Refund8
1% Transaction fee
Same Day Refund8
1% Transaction fee
Same Day Refund8
All accounts in package
1% Transaction fee
Same Day Refund8
All accounts in package
Business Debit Card Included Included Included Included Included Included Included
Online, Mobile and Bill Pay Online Banking - Included
with Personal Relationship Checking
Business Manager Business Manager Business Manager Business Manager Business Manager Business Manager
1Fee is waived with Personal Relationship Checking and My Business eStatement enrollment.
2Fee is assessed if your account balance falls below the minimum balance at any time during the statement cycle.
3If the account is linked to a Personal Relationship Checking account, the fee will appear on your statement and then a credit will appear the same business day the transaction is processed.
4No Paper Statements for any accounts in package.
5Uses Cycle Low Balance.
6Calculated by adding together the daily Cycle Low balance for each deposit account enrolled in the package.
7Calculated by adding together the current Principal balance on the last day of the qualification cycle for each loan account enrolled in the package.
8Fee will appear on your statement and then a credit will appear the same business day the transaction processed.