Business Accounts

Peoples Neighborhood Bank is participating in the FDIC's Transaction Account Guarantee Program. Under this program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Full Disclosure of our business accounts is available upon request.

PNB Business Account

The PNB Business Account is ideal for your business.

• Unlimited check writing
• Available to Sole Proprietorships, Partnerships and Corporations
• $7 monthly service charge if balance falls below $500
• No monthly service charge if $500 daily balance is maintained!
• $500 minimum initial deposit

PNB Premium Business Account

The Business Acount has been developed for businesses that have a high volume of check writing, deposit activity, and maintain high balances.

• Balances in excess of $10,000 earn interest based on the following tiers.
•  The four tiers are:
  • $10,000.00 - $34,999.99
  • $35,000.00 - $59,999.99
  • $60,000.00 - $499,999.99
  • $500,000.00+ 
• For current rates, talk to a Customer Service Representative or go to our "Rates" page on this site. 

Sole Proprietor Checking with Interest - NOW Account

An interest bearing account for Sole Proprietors.

• Interest computed daily and compounded monthly
• Interest is paid only on balances of $1,000 or greater
• $7 monthly service charge
• No monthly service charge if $1,000 daily balance is maintained!
• First 50 checks written per statement cycle are free. $.05 surcharge for each additional check
• To learn more about our NOW Account rate, view our Rates section or speak with a Customer Service Representative