Peoples Bank understands that a critical element in maintaining a strong business is efficient and flexible cash management. Funds can be transferred from your Business Checking account into investment vehicles automatically (daily or on a schedule you set) or initiated online through your Business Online Banking account.
Cash Management Sweep Account
- Maximize earning with an account that automatically sweeps excess cash into a higher yield Peoples Bank account overnight
- Funds are swept back into the checking account the following day so your money is available when you need it
- Transactions and sweeps can be viewed from a monthly statement and your personal computer through Business Online Banking
- Also available between loan products
- Table-top scanner linked to your PC so you can capture the check image and electronically deliver it to Peoples Bank for clearing over a secure internet connection
- Eliminates the need to take your checks to the bank
Merchant Services (Visa®/MasterCard)
The ability to accept electronic payments can be crucial to the success of your business. That’s why Peoples Bank partners with a third party to provide electronic transaction processing for your business.