Business Checking Accounts

Home Business & Ag Checking Accounts

Accounts for Businesses of All Sizes

Just as no business is the same, no business has the exact same needs for its checking account. Peoples State Bank offers several different business checking account options to allow you to choose which one fits the needs of your business best.


Compare Our Business Checking Accounts

 

Free Business Checking

Small Business Checking

Business Interest Checking

Business Value Checking
Designed forSmall businesses, non-profits and organizations with a limited number of transactions.Businesses with a moderate amount of account activity every month.Limited to sole proprietorships,gov't entities and non-profit organizations.Businesses with high activity volume. Commercial analysis is included.
Minimum to open$100$100$1,000$100
Minimum daily balance$0$0$1,500$0
Interest or earnings credit

None

NoneTiered rate schedule1Earnings credit
Monthly service fee2$0$7.50; maintain $2,500 average daily balance OR accept eStatement to avoid monthly service charge.$7.50; maintain $1,500 average daily balance OR accept eStatement to avoid monthly service charge.$10 account maintenance fee
Transaction fees2No charge for first 75 total debits, credits and deposited items per statement cycles; $0.25 per item for each transaction over 75 per statement cycle.No charge for first 150 total debits, credits and deposited items per statement cycles; $0.25 per item for each transaction over 150 per statement cycle.

$0.15 per credit

$0.05 per deposited item

$0.10 per item paid

$0.15 per deposit

$0.05 per deposited item

Returned item deposit: re-cleared items- $2.50; returned items- $5.00

Peoples Business ChekCard3$25 annual fee2$25 annual fee2$25 annual fee2$25 annual fee2
Online BankingFREEFREEFREEFREE
Statement options

Monthly statement with images

FREE eStatements

Monthly statement with images

FREE eStatements

Monthly statement with images

FREE eStatements

Monthly statement with images

FREE eStatements

Statement cycleEnd of the monthEnd of the monthEnd of the monthEnd of the month

1We use the average daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the average daily balance in the account each day. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. 

2Sales tax applies.

3Peoples Business ChekCard available to qualified customers upon separate application. Annual fee assessed Sept. 1st.

Interest rates are subject to change at the bank's discretion at any time. The annual percentage yield may vary due to the interest rate changes and fees. Please ask a bank representative for current interest rates and annual percentage yields based on designated balance tiers.


Open a Checking Account for Your Business

If you'd like to discuss the checking account options available to your business or open an account, stop in at your closest Peoples State Bank branch office to speak with our business banking team.