Checking

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.

Small Business CheckingCommercial Checking
Minimum $250 deposit to openYesYes
Merchant Credit Card processing availableYesYes
Fees
Monthly maintenance fee on average balances of $500+ when receiving eStatementsNone$15.00
$10 monthly maintenance fee on average balances below $500YesNo
Up to 100 debits included per month35¢ fee for each additional debitUnlimited
Up to 30 deposits included per month35¢ fee for each additional debitUnlimited
Up to 250 deposited items included per month15¢ fee for each additional debitUnlimited
Establish earnings credit based on your average collected balance which can be used to offset fees.Not ApplicableYes
Business Online Banking servicesAdditional Fees May ApplyAdditional Fees May Apply
Mobile Banking App YesYes
Remote Deposit Checking (RDC) or Mobile DepositYesYes
Initiate ACH debits and/or creditsYesYes
Initiate Wire TransfersYesYes
Payroll direct depositYesYes
Initiate tax payments to the IRSYesYes
Reconcile complex accountsYesYes
Manage multiple invoicesYesYes
Multiple user settings with advanced permission controlsYesYes

Debit Cards

If you have a local business, you’re making a lot of purchases. You need The Peoples Bank Visa® debit card. It’s free, safe, and such an easy way to track business expenses. Get multiple cards, set spending limits, and manage it with our app. Then, buy like a boss!

  • Instant issue
  • Free with any Peoples Bank business account
  • Reduce costs of purchasing checks
  • Simplify expense tracking
  • Multiple cards can be issued
  • Pre-set employee limits as needed
  • Safer than carrying cash
  • More convenient and safer than checks
  • Make purchases online or in-store virtually any time, anywhere
  • 24/7 access to funds via ATMs
  • Mobile deposit

Small Business Checking

For a small local business, every checking account advantage adds up. The Peoples Bank combines several into one convenient package. You get a high number of no-fee monthly debits and deposits, and reduced rates for additional transactions. Plus, account management is a breeze with Online Banking, Remote Deposit, and detailed eStatements. And you have the option to link Merchant Credit Card Processing directly to your business checking account. Start adding up the checking advantages for your business!

  • No monthly maintenance fee on average balances of $500+ when receiving eStatements
  • $10 monthly maintenance fee on average balances below $500
  • Up to 100 debits included per month
  • Low 35¢ fee for each additional debit
  • Up to 30 deposits included per month
  • Low 35¢ fee for each additional deposit
  • Up to 250 deposited items included per month
  • Low 15¢ fee for each additional item
  • Merchant Credit Card Processing Services available
  • Remote Deposit Checking (RDC) or Mobile Deposit
  • Minimum $250 deposit to open
  • Business Online Banking services*:
    • Initiate ACH debits and/or credits
    • Set up payroll direct deposit
    • Make tax payments to the IRS
    • Reconcile complex accounts
    • Manage multiple invoices
    • Multiple user settings with advanced permission controls
    • Quick and easy to use
    • Wires

*additional fees may apply.

Commercial Checking

A larger company means more transactions, and we help offset those costs. Streamline your operation with our online banking, credit card processing, and remote deposit capture. Let The Peoples Bank power your local financial engine while you grow and thrive.

  • Establish earnings credit based on your average collected balance which can be used to offset fees.
  • Merchant Credit Card Processing available
  • Remote Deposit Checking (RDC) or Mobile Deposit
  • Minimum $250 deposit to open
  • Unlimited number of transactions
  • Business Online Banking services*:
    • Initiate ACH debits and/or credits
    • Set up payroll direct deposit
    • Make tax payments to the IRS
    • Reconcile complex accounts
    • Manage multiple invoices
    • Multiple user settings with advanced permission controls
    • Quick and easy to use
    • Wires

*additional fees may apply.

Non-Profit Checking

We want to make your job serving our community easier. The Peoples Bank waives transaction fees and balance requirements for qualifying NPOs, so you can concentrate on making the Upstate a better place to live.

  • No monthly maintenance fee when receiving eStatements
  • No minimum balance requirement
  • No item transaction fee
  • Merchant Card Processing services available
  • Remote Deposit Checking (RDC) or Mobile Deposit
  • No minimum deposit to open
  • Business Online Banking services*:
    • Initiate ACH debits and/or credits
    • Set up payroll direct deposit
    • Make tax payments to the IRS
    • Reconcile complex accounts
    • Manage multiple invoices
    • Multiple user settings with advanced permission controls
    • Quick and easy-to-use
    • Wires

*additional fees may apply.