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Business Savings Account

Business Savings

The Peoples Bank Business Savings account supports your essential needs. This account is great for businesses with lower balances that want to keep funds secure while building wealth.

Business Savings Account Benefits

✔Earned Interest

✔Easy access to your money

✔Overdraft protection options1

✔Quarterly Statement

What You Need to Know

• $4 monthly fee; waived if you keep a minimum $500 balance daily

• $10 monthly fee; waived if you have 6 or fewer debit transactions per month

• $25 fee; waived if you keep your account open for at least 180 days


• Contact your local banker for the current Annual Percentage Yield2

• Please provide the following at the time of account opening: the company's address (P.O. boxes are only permitted for correspondence, not account opening); name(s) of account owners; a valid, government-issued ID and documentation proving the business' existence (federal tax ID number, SSN for sole proprietors or state/local authority documents showing you've formed a legal entity, such as an LLC).

• Enroll in eStatements to avoid a $2 paper statement fee

Peoples Bank: America's Best Banks 2023, Top Workplaces 2023 USA and American Banker 2023 Best Banks to Work For Awards, America's Best Regional Banks 2024 by Newsweek

1Certain qualifications and frees may apply based on the type of protection selected.

2Rate may change after the account is opened.

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