Business Banking/​Cash Management

Idle funds are expensive, and managing them can be time consuming. Here are some additional products and services that can help your money make more money. And isn’t that what it’s all about?

Cash Management

With Cash Management, your business can gain unprecedented flexibility and in-depth access to your accounts. You can initiate ACH transactions and transfer funds worldwide, simplify payroll processes by uploading batches of ACH files for automated direct deposits, help control fraud by controlling which employees can log on to perform which functions, and automatically verify issued checks.

  • Initiate ACH transactions
  • Upload NACHA-compatible ACH file for processing – great for payroll processing!
  • Create Wire Transfers

Review a Cash Management Demo

Merchant Card Services

Consumers and businesses alike expect payment choices including credit or debit card via PIN-secured or signature based authorizations. Peoples Merchant Card Services program allows you to accept credit and debit cards with one system. That means increased sales and shorter collection periods for you and more convenience for your customers:

  • Competitively priced
  • Customized programs that fit your needs and the needs of your customers
  • Greater return on your investment
  • Enhanced speed, security and efficiency in collection of your funds

ADP Payroll Services

Electronically process payroll, fees, transfers and more through the Federal Reserve System by ACH.

Collect payments on time by debiting your customer’s account or crediting your employee’s account, consistently and correctly every time. Save time and money processing checks through an easy-to-understand, rapid, paperless system. Businesses must apply to be eligible for this payroll service.

Learn more about ADP Payroll Services

e-Capture Remote Deposit

Peoples Remote Deposit Image Capture scans checks for electronic deposit into your Peoples account from your business office.

  • Deposits made quickly and conveniently
  • Fewer trips to the bank
  • View deposit amounts and images of all checks scanned front and back
  • Multiple deposits per day along with a later cut-off time
  • Your funds are processed almost immediately and deposited directly into your account

Commercial Overdraft Privilege Plus

As long as you maintain your checking account in good standing (defined as making regular deposits and bringing your account to a positive balance at least once every 20 days).

Commercial Overdraft Privilege Plus will:

  • Provide you, at our discretion, a “safety net” of up to $1,000.00, including insufficient funds (NSF) fees of $37 (per item), that will protect you if your account becomes overdrawn.
  • Save you the unnecessary embarrassment (and additional charges) associated with having a check returned by a merchant.
  • Allow your Peoples MasterCard Debit Card to access Commercial Customer Protect, saving you the embarrassment or frustration of having your debit card declined at a merchant point of sale such as a restaurant, grocery store, gas station, etc.

To learn more call or visit your local Peoples branch or call our toll-free line at 800-650-3300.

Wire Transfers

Need to transfer funds from one place to another? Wire transfers enable your business to transfer money from your account to almost anywhere in the world.

Night Deposit Box and Other Services

You may not need them every day, but when you do, these services are here for you at Peoples. They include a secure night deposit box, Notary service, coin counting and wrapping, cashier’s checks, telephone banking and transfers, stop payments and check collections.