Our Business Savings Account is a low-cost account if you make limited transactions and want to earn interest.
- $0 required to open
- $200 minimum daily balance required
- Maintain the minimum $200 daily ledger balance required, and we’ll waive the monthly $2.50 service charge.
- Interest Paid Monthly
- Free Online & Mobile Banking
- Free E-Statements
- Free Telephone Banking
- Unlimited transfers and withdrawals in person
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 debits per month. Transfers and withdrawals completed at a Peoples Bank location do not count toward this total.