Savings,

CD's, & MMA's

Business Money Market

Our Business Money Market account offers the best of both business bank account worlds. Your money earns a competitive interest rate while giving you limited check-writing privileges. It’s the perfect solution for your business if you write only a small number of checks each month and desire maximum return on your funds:
  • e-Statements including images
  • Safe and convenient
  • Earning power for all of your funds
  • Can be linked to selected checking accounts for overdraft protection withdrawals
  • Peoples Bank business expertise

Features

  1. A variable-rate, liquid savings account offering a competitive market rate of interest with limited check-writing privileges
  2. $1,000 minimum balance to waive $10 monthly service charge
  3. Unlimited over-the-counter transactions
  4. Federal Law requires Peoples Bank to notify you if you exceed six (6) external withdrawals, debits, transfers or preauthorized transfers from your savings or money market account per statement cycle. If you continue to exceed these limits, after the Bank has notified you we may convert your account to a different interest-bearing account which may have different account number, interest rate and a monthly service charge.Competitive interest rates

Business Savings

Make those idle funds work for you. If savings is part of your success planning, our Business Savings account is perfect. Safe and convenient, the Peoples Bank Business Savings account keeps your money working for your business, large or small:
  • e-Statements, including images
  • Insures safety and convenience of your idle funds
  • Can be linked to selected checking accounts for a limited number of overdraft protection withdrawals
  • Peoples Bank business expertise

Features

  1. An interest-bearing account with interest compounded daily.
  2. Quarterly and sometimes monthly statements of account activity
  3. Competitive interest rates
  4. Can be linked to selected accounts for overdraft protection — the number of transactions is limited on savings account just like money market accounts. Federal Law requires Peoples Bank to notify you if you exceed six (6) external withdrawals, debits, transfers or preauthorized transfers from your savings or money market account per statement cycle. If you continue to exceed these limits, after the Bank has notified you we may convert your account to a different interest-bearing account which may have different account number, interest rate and a monthly service charge.

Business Certificate of Deposit

If you have idle funds that can be left untouched for longer periods, our Business Certificate of Deposit is the answer. It offers a fixed rate for a fixed time, providing a high rate of return for the business that’s serious about saving:
  • Guaranteed rate for the term you select
  • Choice of term periods
  • Interest paid monthly, quarterly, semi-annually or annually by check; transferred to another Peoples account; or compounded to the face value of the certificate
  • Peoples Bank business expertise

Features

  1. Certificates are for a fixed dollar amount at a fixed interest rate for a fixed period of time. Designed for the serious saver needing a fixed return on their investment
  2. Minimum opening balance of $5,000
  3. Automatic renewal at maturity at the current interest rate
  4. Early withdrawal penalty of 90 days interest on the principal amount withdrawn
  5. Interest rates are competitive
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