Commercial Banking
People’s Business Checking
- $100.00 Initial Deposit
- Unlimited Check Writing
- Free ATM/Debit Card
- Free Mobile/Internet Banking
- Free Online Bill Pay
- Free E-statement (Paper Statements available - $5.00 per month.)
- Service Charge - $6.00 per month – if daily balance falls below $250.00
People’s Business Interest Checking
- $1,000.00 Initial Deposit
- Earns interest on daily collected balance – Compounded & credited monthly
- Interest rate subject to change
- Unlimited Check Writing
- Free ATM/Debit Card
- Free Mobile/Internet Banking
- Free Online Bill Pay
- Free E-statement (Paper Statements available - $5.00 per month.)
- Service Charge – $10.00 per month – if daily balance falls below $1,000.00
Restrictions & Limitations:
- A charge of $10.00 will be assessed on the account if closed within 90 days of opening. (Does not apply to Peep’s Savings or People’s Christmas Savings)
- Interest begins to accrue on the business day you deposit noncash items (ie: checks)
- If the account is closed before interest is credited, you will not receive the accrued interest.
- E-statements are free for all account types. If a monthly paper statement is preferred, a $5.00 paper statement fee will be charged each month. This applies to all accounts, with the exception of Peep's Savings and People’s Christmas Savings accounts.