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800.584.8859Routing Number: 125104425

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    Business Essentials Checking

    Convenience and accessibility in one great account.

    Whether you’re just getting started or are already well established, you’ll enjoy the convenience and accessibility that Business Essentials Checking offers. This is a great choice for businesses conducting low to moderate transactions per month, looking for an economical checking account that provides all the features that make banking convenient.

     
     

    Business Essentials Checking
    Minimum to Open $50
    Monthly Service Charge $10
    Minimum daily balance to avoid monthly service charge $1,500
    Debit/Checks Paid, ACH Debits & Credits, Deposited Items Includes first 200 combined items per month, then $0.38 per item
    Cash Deposited Includes first $5,000 per month, then $0.08 per $100
    Business Debit Card ✔
    Online & Mobile Banking
    with Business Manager    		 ✔
    Bill Pay ✔
    Benefits and Features:
    • Keep track of your balances with Online & Mobile Banking.
    • Transfer funds between accounts quickly and easily.
    • Pay bills in minutes, even on your smartphone.
    • Access your funds 24/7 and make purchases at millions of locations that accept Visa® with Peoples Bank Business Debit Card.
    • Unlimited ATM access at more than 40,000 MoneyPass® ATMs nationwide.

    Other Services You May Wish To Consider

    Business Savings or Money Market: The perfect companions to help grow your business.

    Business Credit Cards: From flexible cash rewards to expense management tools, our Visa® Business Credit Cards are packed with many features to help you manage cash flow. Select the card that's right for you today.

    Refer to our Business Fee Schedule and disclosures for complete details and fee information.     

    1Fee will appear on your statement and then a credit will appear on the same business day the transaction processed.

    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

    Online Banking

    Business Manager
    Merchant iQ
    Business Credit Cards
    Remote Deposit Capture
    Employer Benefit Manager

    Merchant Services

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    Get connected with your local lender to discuss all your options.

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    Compare Business Checking Accounts

    Features My Business Business
    Essentials    		 Business Relationship Checking Community
    Business    		 Business Analysis Checking
    Minimum to Open $50 $50 $50 $50 $50
    Monthly Service Charge $51 $102 $15 $0 $12
    Minimum Balance to Avoid Monthly Service Charge $0 $1,500 $15,000 in daily deposit balance3 or
    $30,000 in combined & linked deposit balances4 or
    $250,000 in combined & linked commercial loan balances5    		 $0 n/a
    Debits/Checks Paid, ACH Debits & Credits, Deposited Items Includes first 50 combined
    items per month,
    then $0.38 per item    		 Includes first 200 combined
    items per month,
    then $0.38 per item    		 Includes first 400 combined
    items per month,
    then $0.38 per item    		 No charge $0.12 per debit/check
    $0.15 per ACH debit/credit
    $0.08 per deposited item
    Cash Deposited Includes first $1,000 per month, then $0.08 per $100 Includes first $5,000 per month, then $0.08 per $100 Includes first $10,000 per month, then $0.08 per $100 Includes first $10,000 per month, then $0.08 per $100 $0.08 per $100
    Interest Bearing No No No No No
    Per Deposit Fee n/a n/a n/a n/a $0.20 per deposit
    Relationship Benefits
    X
    X
    • Waive the monthly service charge on up to five Business Essentials Checking when linked to this account and the combined balance requirement is met4
    X
    • Earnings Credit Rate on deposit balances may offset monthly service charges & fees
    Business Debit Card ✔
     
    		✔ ✔
    • Unlimited ATM access at more than 40,000 MoneyPass® ATMs nationwide
    • Refunds for People Bank ATM Withdrawal Fees7,8
    • Refunds for international transaction fees8
    		 ✔ ✔
    Online & Mobile Access ✔ ✔ ✔ ✔ ✔
    Bill Pay6 ✔ ✔ ✔ ✔ ✔

    Annual Percentage Yield (APY) on all business checking accounts is subject to change.
    1 Monthly service charge is waived with eStatement enrollment.
    2 Service charge is assessed if your daily account balance falls below the minimum balance at any time during the monthly statement cycle.
    3 Uses average daily balance in primary account.
    4 Calculated by adding together the average daily balance for each combined & linked eligible deposit account.
    5 Calculated by adding together the current principal balance on the last day of the qualification cycle for each combined & linked eligible loan account.
    6 First 10 payments included, then $0.65 for each additional payment.
    7Peoples Bank may assess a fee when utilizing a Non-Peoples Bank or Non-MoneyPass ATM.
    8Same Day Refund. Fee will appear on your statement and then a credit will appear the same business day as the transaction is processed. Account Average Ledger Balance Cycle to Date must be positive for refunds to apply.

    5 Star RatingPeoples Bank is rated 5-Stars by Bauer
    Rating as of October 2024     | bauerfinancial.com