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Business Savings

Business Savings

Peoples Bank has a variety of accounts and services designed to help you manage your business' savings and excess cash. Speak with our business banking team to find the solution that's right for your business.

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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.

Treasury Management »

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

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

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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Excessive Transaction fee $5 $5 Funds may not be withdrawn without penalty during the term.
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