Business
See the Big Picture of Your Company’s Cash Management
Account Analysis gives you a clear monthly snapshot of your company's total deposits with Peoples Bank. Make smart cash-management decisions with the easy-to-read statements provided.
- Detailed activity reporting
- Average ledger balance and average collected balance
- Earnings credit analysis
- Monthly summary of treasury management activity
- Available with Peoples Commercial Checking only
- Fees vary by customer
Sweep Accounts
Details about Investment Sweep Accounts:
- Collected funds are fully invested at all times
- Automatic availability of funds every business morning
- Monthly statements with detailed monthly earnings
Details about Line of Credit Sweep Accounts:
- Automatic payments on your line of credit
- Automatic availability of funds every business morning
- Monthly statements with detailed monthly earnings
- Can also be combined with an Investment Sweep Account
Zero Balance Accounts
Details about Zero Balance Accounts:
- Links unlimited number of accounts to a central operating account
- Subsidiary accounts maintain a zero balance
- Checks presented against the ZBAs are offset by a debit to the primary operating account each day
- Collected funds can be used for investing opportunities
Benefits of Zero Balance Accounts:
- Maximizes use of funds for investing purposes
- Reduces costs incurred by overdrafts and wire transfer expenses
- Saves time by reducing idle balances without making multiple account transfers
- Simplifies account reconciliation
Public Funds Solutions
Discover a full suite of solutions designed for public entities such as checking, savings, CDs and lending. Contact a Banker for more information.
