At Peoples Independent Bank, we understand the special financial needs of businesses. That’s why we offer the commercial accounts and professional services you need to make your business productive and profitable. These accounts provide you with detailed records and easy-to-understand monthly image statements to help you keep up with expenses and income. Talk to any new accounts representative at Peoples Independent Bank about these and other business banking services. We’ll be glad to assist you in selecting financial products to suit the needs of your business.
Small Business Checking
This account is designed for small businesses with limited transactions. There is a $100 initial deposit required to open the account. With this competitive account, the earnings credit on your collected balance is used to offset analysis fees. Analysis fees include:
- $ 5.00 monthly maintenance
- $ 0.10 per debit
- $ 0.10 per credit
- $ 0.10 per deposited item
Church, Civic, Service Groups (non-profit)
Peoples Independent Bank is pleased to offer business checking services to non-profit organizations with no service charges and no minimum balance requirements.