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 | $10.00, if balance drops below $500 | $15.00 |
Debits per month | $0.35 each (over 100) | $0.20 each |
Deposits per month | $0.35 each (over 30) | $0.15 each per $100 in currency |
Deposited items per month | $0.15 each (over 250) | $0.10 per item |
Establish earnings credit based on average collected balance which can be used to offset fees. | Not Applicable | Yes |
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 |
Automatically connect to QuickBooks or Quicken with Direct Connect to download transactions and balances | N/A | N/A |
Positive Pay | Yes | Yes |