Compare Checking Accounts
Whether your business is large, small, or non-profit, The Peoples Bank has a local checking account tailored for you. Compare each account’s features to see which fits your business best.
Minimum $250 deposit to open | Yes | Yes |
Merchant Credit Card processing available | Yes | Yes |
Fees | ||
Monthly maintenance fee on average balances of $500+ when receiving eStatements | None | $15.00 |
$10 monthly maintenance fee on average balances below $500 | Yes | No |
Up to 100 debits included per month | 35¢ fee for each additional debit | Unlimited |
Up to 30 deposits included per month | 35¢ fee for each additional debit | Unlimited |
Up to 250 deposited items included per month | 15¢ fee for each additional debit | Unlimited |
Establish earnings credit based on your average collected balance which can be used to offset fees. | Not Applicable | Yes |
Business Online Banking services | Additional Fees May Apply | Additional Fees May Apply |
Mobile Banking App | Yes | Yes |
Remote Deposit Checking (RDC) or Mobile Deposit | Yes | Yes |
Initiate ACH debits and/or credits | Yes | Yes |
Initiate Wire Transfers | Yes | Yes |
Payroll direct deposit | Yes | Yes |
Initiate tax payments to the IRS | Yes | Yes |
Reconcile complex accounts | Yes | Yes |
Manage multiple invoices | Yes | Yes |
Multiple user settings with advanced permission controls | Yes | Yes |