Fuel Future Growth with Every Dollar
You want your company's profits to earn additional dollars, but you don't want to risk everything in volatile financial markets. A People's State Bank business money market account can provide a competitive interest rate to help grow your company's account balance, with tools that assist you in managing your account when it’s convenient to you.
Business Advantage Money Market Account
Ideal for those looking for greater earnings with balances under $250,000.00. Perfect for holding operating reserves, tax funds, or long-term savings - this account helps your idle cash do more.
- Tiered interest rates to enhance earnings
- Minimum opening deposit is $2,500.00
- $2,500.00 daily minimum balance to avoid $10 monthly service charge
- 50 free deposited items per month ($0.15 per deposited item after)
- Checks provide easy access to money
Business Money Market Plus Account
Put your business reserves to work with a Business Money Market Plus Account. Your business works hard - your cash reserves should too.
- Earn competitive, tiered interest on balances of $250,000.00 or more
- Minimum opening deposit is $2,500.00
- A minimum balance fee of $25.00 will be charged every statement cycle if the daily collected balance in the account falls below $250,000.00 on any day of the statement cycle
- Maintain liquidity with checking-writing and limited transfers
- Dedicated business support from an experienced team at Peoples
Business money market rates are variable and may change after the account is opened. Fees could reduce the earnings on the account.
Subject to Uniform Commercial Code Article 4AProvisional Payment: Credit given by us to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e. the originator of the entry) shall not be deemed to have paid you in the amount of such entry.
Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account, we are not required to give next day notice to you of receipt of an ACH item, and we will not do so. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you.
We may not accept on your behalf payments to your account which have been transmitted through one or more Automated Clearing Houses (ACH) and which are not subject to the Electronic Fund Transfer Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state of New York, as provided in the operating rules of the National Automated Clearing House Association, unless it has been otherwise specified in a separate agreement that the law of some other state shall govern.