Business Analyzed Checking

We structured our Business Analyzed Checking account for commercial account holders processing more than 200 items (checks written and deposited) each month. The customers may realize significant cost savings when compared to the Business Checking account. What sets our Business Analyzed Checking account apart is that we price our services simply, and in a fair and reasonable manner. The result is a total charge for services offered that is often less than the net analyzed cost offered by many competitors. Our Business Analyzed Checking account includes the following features:

• Free imaged statements, including serial sort of all checks
• Low $100 balance required to open the account
• No minimum balance required to keep the account open
• Numerous check design/logo options
• Simple, easy to understand account analysis statements
• Very competitive Earnings Credit Rate

Features

• $10 monthly service charge
• Analyzed Fees
• Non-interest bearing^*
• Cost per number of items¹
• Overdraft/Sweep available²
• Check Images returned with statement
• Armored Car Service available³
• 2% Earnings Credit Rate
• MC/Visa Merchant Services
• May be linked to Business Resource Management account
• Courier Service available in select areas
• Free Telephone Banking
• Free Internet Banking⁴

Notes

• Minimum to open: $100
• Minimum to avoid fee: N/A

1. .13 cents per item
2. upon approval; $5 per sweep; must have a savings, line of credit or MasterCard account with sufficient funds available.
3. Prices vary with market
4. No setup or monthly charge. Optional Bill Pay service cannot be used with this account

Plus, as a Business Analyzed Checking account holder, you are entitled to several other banking services which are readily available with an additional fee, subject to credit approval including:

• Armored Car Delivery
• Lock Box Payment Processing
• Automated Clearing House (ACH) Services
• Night Drop Services
• Visa Merchant Services

Sounds Impressive, but How Much Will This Cost?

Every Business Analyzed account is placed onto an analysis system wherein the monthly activity is tabulated and a reasonable fee is assessed. You will receive a monthly analysis statement that is easy to read and understand. Unlike many institutions, our analysis system is quite simple, including only a $10 maintenance fee, a $.l3 per item charge for checks written and deposited, and a $.05 charge for ACH in-clearings. This method results in a fair and equitable cost for services that is often less than half of many competitors. We do not charge for items such as night drop service, normal coin usage, or a separate charge simply for making a deposit.

Finally, this reasonable fee is offset by an attractive 2% earnings credit rate on the balances maintained in your account. Therefore, every customer will have the ability, through maintaining sufficient balances, to have an account free from monthly activity charges.

How does your Business Analyzed Account differ from the competitions?

The easiest way to compare our Business Analyzed Checking account to your current provider is to visit a Peoples First Business Account Representative. Specializing in business accounts, we are specially trained to review your current analysis statement and will be happy to perform a free analysis of your account. Often, we are able to reduce your monthly activity fee. However, in some cases, the balances maintained warrant a free account. In these instances, compare your activity statement with our proposal. Based on the lower cost, we would require a lower monthly balance to avoid service charges. This could free up funds that could be used for investment in a Business Resource Management Account.

This sounds interesting, how do I get started?

Establishing a Business Analyzed Checking account with Peoples First is easy. Simply call the nearest banking center for an appointment or stop by at your earliest convenience. We will ask you a few questions about your business to make sure this is the best Peoples First account for your needs. Then we will ask a few questions in order to customize your account, including type of check (color, starting number, special logos etc.) to your unique specifications. To open the account, we need to collect a copy of your company's Articles of Incorporation and will need its Federal Tax Identification number. We will then fill out an internally prepared Corporate Resolution of Authority to establish each signers' authority over transactions made through the account. Please keep in mind that on all accounts, including Business Analyzed Checking, information is subject to verification through ChexSystems.