This account is designed for businesses with a large number of deposits or checks written each month.

• The minimum opening balance is $100.00
• The monthly maintenance fee is $5.00 plus $0.10 for each credit, check paid or ACH debit.
• There is a $0.07 charge for each check deposited that is drawn on a bank other than the Peoples State Bank.
• The charge for each check deposited drawn on this bank is $0.04.
• There is no charge for a returned check that has been deposited, or a re-deposited return item.
• The Wire Transfer charge for funds wired out of the bank is $12.00. There is no charge for incoming wires.
• The charge for ACH credits is $0.04 each.
• The schedule of other charges is detailed elsewhere on this brochure.
• An earnings credit, based on the average monthly balance, less 10% for reserve requirements, will be applied against the monthly service charge.
• Cash management services are negotiated on an account by account basis, depending on the cash services used by the customer.
• Monthly statements are normally issued as of the end of the month, unless otherwise requested.
• Electronic Check Images are returned with your monthly statement.
• Free Internet Banking.

Other Bank Fees