Business Accounts
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
- $5 monthly service charge
- No monthly service charge if $500 daily balance is maintained!
- $500 minimum initial deposit
Cash Management Account - Business Sweep Feature
The Cash Management Account (CMA) has been developed for your business to earn interest while maintaining a higher balance.- Balances in excess of $10,000 are swept daily from your PNB Business Account into a tiered interest bearing account (Cash Management Account)
- The three CMA balance tiers are:
- Interest earned will be credited to your Cash Managment Account
- If the PNB Business Account daily balance falls below $10,000.00, the specific amount of funds will be transferred from the CMA to the PNB Business Account to maintain a $10,000.00 balance
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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
- $5 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
