In today’s business environment, it is essential to maximize the productivity of every aspect of your professional practice, especially the cash in your accounts. At Peoples Bank, our savings accounts can help you achieve this objective.
Commercial Prime Savings
An option for a readily accessible interest-bearing account is a Commercial Prime Savings account. It carries a variable tiered interest rate and provides the opportunity to withdraw and deposit funds throughout the month.
Features:
> $1,000 minimum balance
> $2 monthly service fee if balance falls below min.
> $1,000 minimum deposit open
> $3 free withdrawals per month; $1 each additional
> Variable tiered interest rate
> ATM Card available with business checking account
> Free bizConnect Online Banking & Bill Pay
> Convenient quarterly statements
Business Preferred High-Yield Money Market
A high-yield money market account for businesses that want to earn a higher rate of interest on their funds, but prefer a FDIC insured product over the stock market.
Features:
> $10,000 minimum balance
> $30 monthly service fee if balance falls below min.
> $10,000 minimum balance to open
> Up to 6 preauthorized withdrawals, transfers or withdrawals by check, or similar order payable to third parties per month
> Variable interest rate
> Free bizConnect Online Banking & Bill Pay*
> Convenient month-end statements
*Bill Pay is Free as long as it is used at least once each calendar month.
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