Business

img_businessPeopleWe work hard to provide you the type of banking services your business needs to thrive and grow. We are here to discuss the issues that matter to you and to help you meet your business’ financial goals. Running a small business can be rewarding, but it is also one of the most difficult challenges in the business world. Small business is the foundation of our local communities and we are committed to their success.

Business Checking

  • Non-interest bearing account
  • $100 minimum deposit to open
  • $8.00 maintenance fee per statement cycle if daily balance falls below $1,000 any one day during the statement cycle
  • Limited to 200 debit transactions per month; $.25 per item fee for each debit transaction in excess of 200 during the statement cycle

NOW Business

  • Eligible accounts only (Not available to Corporations)
  • Interest bearing account
  • $1,500 minimum opening deposit
  • Minimum daily balance of $1,500 required to obtain the disclosed annual percentage yield
  • $8.00 maintenance fee per statement cycle and $0.25 per item fee for each debit transaction if daily balance falls below $1,500
  • No maintenance or transaction fees if daily balance is $1,500 or more

Commercial Analysis Checking

  • $100 minimum deposit to open
  • $20 monthly maintenance fee
  • Account is subject to transaction fees based on deposits, items deposited,  and checks paid

Money Service Business (MSB) Account

  • $100 minimum deposit to open
  • $750 monthly maintenance fee
  • Account is subject to transaction fees based on deposits, items deposited, and checks paid

Business Savings

  • Interest bearing account
  • May be used as an IOLTA Trust Account
  • $100 minimum deposit to open
  • Limited to 6 third party transfers or withdrawals per statement cycle
  • $3.00 monthly maintenance fee if daily balance falls below $500 any one day during the statement cycle
  • $3.00 withdrawal fee for each withdrawal in excess of 3 per month
  • $15.00 closing fee if closed within 6 months of opening

Money Market Business

  • Interest bearing account
  • May be used as an IOLTA Trust Account
  • Minimum daily balance of $2,500 required to obtain the disclosed annual percentage yield
  • $10.00 maintenance fee per statement cycle if daily balance falls below $2,500 any one day during the statement cycle
  • Limited to 6 third party debit transactions per statement cycle
  • Per item fee of $6.00 for each debit transaction in excess of 6 per statement cycle

Commercial Loans

  • Commercial Real Estate
  • Agriculture
  • Equipment
  • Lines of Credit
  • Working Capital
  • Investment Property
  • Small Business Association (SBA)

Credit Cards

We offer business credit cards designed to suit your needs. The Pineland Bank MasterCard can provide the flexibility your business needs with the customer service only we can offer. Come by and talk to us about the benefits of our business credit card program.

Wire Transfers/Automated Clearing House (ACH) Origination

Whether you are looking to make transfers to vendors, suppliers or originate payroll we have the perfect solution for you. Wire transfers are initiated in-house with security provisions designed to keep your business safe and secure. Our ACH origination process is integrated into our internet banking platform which can provide you a secure, authenticated way to originate your payroll or business ACH. Contact us to discuss how these features may benefit your business.