Business Checking Products
Business Connect
Keep more money in your account with Business Connect - a low-cost checking account ideal for small businesses and others with a low volume of monthly transactions.
Features:
- No minimum monthly balance required
- Peoples Trust Company VISA® Business Check Card for each authorized user
- Business Online Banking
- Telephone Banking
- eDocs
- Credit back on qualifying activities:
- Monthly credit back of $2.00 with eStatements
- Monthly credits will not exceed maintenance charge
Requirements:
- Minimum to open: $50.00
- Monthly maintenance charge of $6.00
- Transaction item charge: $0.20 per transaction in excess of 200 transaction items*
*Transaction items include: checks and physical deposited items.
For additional information, please consult the Terms and Conditions section of your Important Information About Business Accounts for details.
Corporate Connect
If you’re a large business, consider Corporate Connect - a flexible checking account that rewards your stability.
Features:
- No minimum monthly balance required
- Earnings credit
- Peoples Trust Company VISA® Business Check Card for each authorized user
- Business Online Banking
- Telephone Banking
- eDocs
- Credit back on qualifying activities:
- Monthly credit back of $7.00 for ACH Origination Services
- Monthly Credit back of $7.00 for Merchant Services Relationship
- Monthly credits will not exceed Service Charge
Requirements:
- Minimum to open: $50.00
- Monthly maintenance change of $14.00 ($7.00 if current principal balance on loans with same primary account holder is $250,000 or greater)
- Transaction item charges:
- Per item charge of $0.40 for each paper deposit credited
- Per item charge of $0.08 for each Automated Clearing House (ACH) credit posted
- Per item charge of $0.12 for each physical deposited item
- Per item charge of $0.12 for each check and manual debit posted
- Per item charge of $0.08 for each Automated Clearing House (ACH) or Visa® Debit Card Point of Sale (POS) debit posted
For additional information, please consult the Terms and Conditions section of your Important Information About Business Accounts for details.
Business Connect with Interest
Business Connect with Interest is designed exclusively for sole-proprietors and non-profit organizations, providing the potential of interest earnings while maintaining all the advantages of our Business Connect checking account.
Features:
- Competitive interest rates for qualified balances of $1,000 or more
- No monthly maintenance charges for qualified balances of $1,000 or more
- Peoples Trust Company VISA® Business Check Card for each authorized user
- Business Online Banking
- Telephone Banking
- eDocs
- Credit back on qualifying activities:
- Monthly credit back of $2.00 with eStatements
- Monthly credits will not exceed maintenance charge
Requirements:
- Minimum to open: $1,000
- Monthly maintenance charge: $8.00, for balances less than $1,000
- Transaction item charge: $0.20 per transaction in excess of 200 transaction items*
*Transaction items include: checks and physical deposited items.
For additional information, please consult the Terms and Conditions section of your Important Information About Business Accounts for details.
Cooperative Connect
We are proud to reward our nonprofit organizations and municipalities with this no fee checking account so they can concentrate on the work they do, providing for our community.
Features:
- Available for nonprofit organizations and municipalities only
- No monthly maintenance charges
- No per-transaction item charges
- Peoples Trust Company VISA® Business Debit Card for each authorized user
- Business Online Banking
- Telephone Banking
- eDocs
Requirements:
- Minimum to open: $50
