Rewards Checking for Sole Proprietors

We intend for this checking solution to feel like a relationship that you can depend on every day for life - as beneficial to you as it is effortless. This tiered interest-bearing checking solution is especially useful for the sole proprietor.

Benefits and Features

Interest bearing with tiered rates:
        $0-$25,000
        Over $25,000

Online Banking

Business Bill Pay

Receive up to $20 in refunds of non-Peoples Bank ATM fees at the end of each statement cycle when eligibility requirements are met
Mobile Banking and Mobile Check Deposit

e.Statements with check images provided at no cost

Same-day credit on deposits made at teller window until 5 p.m. on business days

No cash coin service

Terms and Fees

$100 minimum to open

Eligibility requirements must be met during the qualification period ¹ for an account to earn the Rewards Checking interest rate, receive ATM fee refunds and avoid $10 maintenance fee:

  • Have 15 qualifying debit card transactions ²
  • Have at least one qualifying direct deposit or electronic draft (ACH transaction) ³
  • Receive e.Statements – Enrollment in Electronic Document Delivery through online banking is required

¹ A qualification period begins on the first business day of the month and ends on the last business day of the month. 

² To count as a qualifying transaction, a debit card transaction must be posted and settled by the bank. Only posted and settled debit card transactions processed by merchants and received by the bank as Point-of-Sale (POS) transactions during the qualification period count as qualifying transactions. ATM transactions and debit card credits do not qualify. 

³ To count as a qualifying transaction, direct deposits or electronic drafts (ACH transactions) must be posted and settled by the bank. Only posted and settled ACH transactions processed by payment originators and received by the bank as ACH transactions during the qualification period count as qualifying transactions.