Skip to main content

Call Us Toll-Free: (800) 584-8859 Schedule an Appointment Routing Number: 125104425

Peoples Bank logo
Home / Business Banking / Business Savings
Business Savings

Business Savings

Peoples Bank has a variety of accounts and services designed to help you manage your business' savings and excess cash.

Business Savings »

The foundation of any business savings plan starts with Business Savings. And with its low minimum balance requirement, Business Savings is the perfect way to get started.

Certificates of Deposit »

Certificates of Deposit are for businesses, too, and come in a variety of terms. If you need a single CD or a portfolio that matures on a regular basis, check out our competitive rates.

Business Premium Savings »

With money market-style rates, Business Premium Savings is a great way to go. Featuring tiered rates, you're rewarded with higher yields for higher balances.

Cash Manager Sweeps »

In today's fast paced business environment, your business needs tools to help it manage its cash resources more effectively. Take control with cash sweeps.

Schedule an Appointment

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

Schedule

Switch to Peoples

Our well qualified staff will make it easy.

Go to Switch Kit Find a Branch

Invest for the Future

From college planning to retirement, we have the tools to help you reach your goals.

Our Services

Compare Business Savings Accounts

  Business Savings » Business Premium Savings » Certificate of Deposit »
Minimum Daily Balance to Avoid Monthly Service Charge $500.00 $25,000.00 n/a
Monthly Service Charge (if below minimum) $3.00 $15.00 n/a
Minimum Balance to open $100.00 $100.00 Varies
Penalty for early withdrawals No No May apply
Excessive Transaction fee $5 $5 Funds may not be withdrawn without penalty during the term except from our Liquid CD
Interest Rate Details » *tiered rates pay higher Annual Percentage Yield (APY) on higher balances. Details » Fixed and variable rates available and are tiered based on balance. Details »
Well suited to these savings goals Savings accounts with balance less than $25,000, saving with the option to withdraw without penalty Balances greater than $25,000, saving with the option to withdraw without penalty Longer-term savings goals with no anticipated need to withdraw during CD's term