Regular Business Checking
This account is designed for businesses with higher transaction volumes, while still offering a way to avoid monthly service fees.
- Minimum balance to open the account – $100 minimum balance to open.
- Minimum balance required to avoid $10 monthly maintenance fee - $2,500
- Number of checks and ACH items paid with no per item fee - 75
- Cost for each debit item over limit in cycle - $ .15
- Corporate resolution or DBA papers must be on file with Peoples Federal Savings Bank.
- Checks may be ordered from Deluxe Check Printers at the bank at the customer’s expense.
Please speak to a new accounts representative or contact us for further details.