Business Essentials Checking

Convenience and accessibility in one great account.

Whether you’re just getting started or sailing at full steam, you’ll enjoy the convenience and accessibility that Business Essentials Checking offers.

Choose Business Essentials Checking if your business conducts an average of 150 or fewer transactions per month and is looking for an economical checking account that provides all the features that make banking convenient
 
 
Business Essentials
Minimum Opening Balance $100
Monthly Service Charge $10
Minimum Balance to Avoid Monthly Charge $1,500
Interest Bearing No
Cash Deposited First $5,000 Included, then $0.06 per $100
Debits/Checks Paid
ACH
Items Deposited
First 150 Combined Items Included, then $0.35 per item
Lockbox Items Deposited $0.06 per Lockbox item
Remote Deposit Capture (RDC) Items Deposited $0.06 per RDC item
Per Deposit N/A
Non-Peoples Bank and Non-MoneyPass ATM Fees $1.50 Peoples Bank fee; ATM owner fee may apply
International Transaction Fee (Debit Card) 1% Transaction fee
Business Debit Card Included
Online, Mobile and Bill Pay Business Manager

Benefits and Features:

  • No monthly service charge when you maintain a minimum daily balance of $1,500 (otherwise, $10 monthly service fee applies)
  • First 150 combined items included per month; then $0.35 per item. First $5,000 cash deposited included; then $0.06 per $100
  • Unlimited free ATM access through over 24,000 MoneyPass® ATMs nationwide
  • Online Banking and Bill Pay through Business Manager
 

Peoples Bank Business Debit Card

The Peoples Bank business debit card provides you with unlimited ATM access at more than 24,000 MoneyPass ATMs nationwide as well as enabling purchases anywhere that accepts Visa debit cards.
 

Online Banking and Bill Pay – Included

 

Other Services You May Wish To Consider

Business Savings: The perfect complement for your growing business, a business savings account helps you maintain a cash reserve. We’ll waive the $3 monthly service charge with a minimum daily balance of $500.

Business Credit Card: The Visa Business Credit Card lets you separate and control expenses, manage your cash flow and provides you with unsurpassed acceptance. Receive exceptional travel and emergency assistance when traveling for business, plus save time preparing taxes with more complete financial records.
 

Open Your Account

Our well qualified staff will make it easy.

Find a Branch

Business Online Banking

Managing your business finances just got easier. With Business Manager, financial control is at your fingertips.

Explore Business Manager

Business Loans

If your total borrowing needs are less than $250,000, a Small Business Loan may be a perfect fit.

Small Business Loans

Schedule an Appointment

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

Schedule

Compare Business Checking Accounts

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  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
Annual Percentage Yield (APY) on all business checking accounts is subject to change.
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.