Deposit - Business
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance
coverage of transaction accounts, visit
www.fdic.gov.
Checking
Commercial Checking
- $100 minimum balance to open
- Account subject to analysis charges based on
activity
- Net earning credit to offset service charge
- Imaged Checks with Statement
- Checks viewable with Internet Banking
For more information, please email Peoples Bank & Trust
Company
Small Business Checking
Affordable to the small business owner with a defined fee
each month.
- $100 minimum balance to open
- $10 monthly service charge
- Monthly service charge waived if average collected
balance greater than $5,000
- Per item fees $.25 for each check paid over 50
during statement cycle
- Per item fees $.20 for each check deposited over 50
during statement cycle
- Accessible with ATMor CheckCard(Checkcard subject
to credit approval)
- Imaged Checks with Statement
- Checks viewable with Internet Banking
For more information, please email Peoples Bank &
Trust Company
Organizational/Non-Profit Checking
- $100 minimum balance to open
- No monthly service charge
- Unlimited checks allowed per month
- Accessible with ATMor
CheckCard(Checkcard subject to
credit approval)
- Truncated Checks only
- Checks viewable with Internet Banking
For more information, please email Peoples Bank &
Trust Company
Savings
Business Statement Savings
- $100 minimum balance to open
- $2.00 service charge if low balance less than $100
- $3.00 item charge for withdrawals in excess of 9 per
quarter
- Accessible with ATM
For more information, please email Peoples Bank & Trust
Company
Money Market Deposit Accounts For the commercial customer a way to earn interest but
still have the liquidity necessary. A Money Market
Deposit Account offers the option to write three checks
per month. Don’t let that extra money set idle in your
checking account-get paid for it. Our Money Market
Deposit Accounts are a great way to compliment any
checking account. As long as you maintain the minimum
balance no monthly service charge is accessed. Interest
rates are tiered so the more money you save, the higher
interest rate we pay.
- $2,500 minimum balance to open
- $10.00 monthly charge if low balance less than $2,500
- Limited to a total of 6 pre-authorized debits per
month.
- Accessible with ATM
- Imaged Checks with Statement
- Checks viewable with Internet Banking
For more information, please email Peoples Bank & Trust
Company
Certificate of Deposits This account offers competitive rates and terms from 3
to 60 months to fit any of your investment needs. With a
minimum deposit of $1,000, start savings today, why
wait? |