If you’re comfortable keeping a higher balance and want to earn a higher interest, one of our Business Money Market options may be a good fit.
There are different advantages to each of our Business Money Markets; however, all offer the following:
- $200 required to open
- $200 minimum daily balance required
- Tiered Interest Rates
- Free Online & Mobile Banking
- Free E-Statements
- Free Telephone Banking
- Free Check Safekeeping
- Unlimited transfers and withdrawals in person
- Maintain the minimum $200 daily ledger balance required, and we’ll waive the monthly $2.50 plus tax service charge.
Contact us today, and let us help you choose a Business Money Market that best fits your needs.
Dormant Accounts – Accounts with daily ledger balances below $1,000.00 will be charged $2.50 per month if dormant for one year or more.
Rate Information – This account is an interest-bearing account. The interest rate and annual percentage yield (APY) will depend on daily balance. The interest rate and APY may change. Interest will begin to accrue the business day we receive credit for the deposit of non-cash items (i.e. check).
A limit of six checks or debits per month. Transfers and withdrawals completed at a Peoples Bank location do not count toward this total.