BUSINESS DEPOSITS

At Peoples, we realize that establishing a business checking account can be a small piece in a much larger puzzle. Whether you are establishing a new business, transferring your account from another institution, or simply expanding, it often takes time for your new account to being flowing on a regular basis.

We will set up an Introductory Account that offers the flexibility you need. There is no minimum balance, and you are allowed up to 700 transaction items per month for the first six months.

At the end of the introductory period, we will contact you to discuss which of our business checking products will best suit your ongoing needs.

Restricted transactions related to unlawful Internet gambling are prohibited from being processed through the account or relationship.

Small Business Account

With no minimum balance requirements and up to 300 transaction items per month at no cost, our Small Business Accounts are ideal for new businesses, non-profits and accounts with low to moderate activity.

Business Account

Designed for more active accounts that maintain daily balances of $7,500 or more on an ongoing basis, these accounts allow up to 600 transactions per month at no cost.

Business Analysis Account

Peoples Business Analysis Account is designed for accounts with moderate to substantial activity. It allows you to offset item charges with an earnings credit — a credit for the balances maintained in your account. There is no minimum balance requirement, and you can get started with a deposit as low as $25!

Money Market Account

Our Executive Money Market Account allows your account to earn money market rates while still allowing you the flexibility of check-writing. Write up to six checks each month on this account!

Business Online Banking

Businesses have the option to use two online banking services based on their individual needs. Our basic online banking service enables you to view your business accounts and manage funds using your business desktop or mobile banking options. Check images and statement review and exporting is possible with this option.

Cash Management

Cash Management takes our business online banking to the next level. This option enables users to offer direct deposit payroll for your employees. It can also be utilized to collect revenue from your clients through direct debit from their checking or savings account using ACH (Automatic Clearing House) services.

Commercial Lenders

Diane Bremer

DIANE BREMER

Director Commercial Banking
Paradise

(812) 942-4505

Diane has been employed with Peoples Bank since 2007. As Director, Commercial Banking, she and the commercial team are committed to excellent customer service to ensure a personable and outstanding banking experience.

Diane works to build value-added relationships with clients so she can better understand your business needs and help plan for the future. “My best source of referral is my customers!”

Contact Diane if you are looking for help managing day-to-day cash flow, funding acquisition and expansion, planning capital expenditures, or with business depository needs. She can develop solutions with your business and financial operations in mind.

Diane is a graduate of Maryville University of Saint Louis, MO with a B.S. in Management. She is a volunteer with Junior Achievement, an Advisory Board Member for Warrick County Junior Achievement, a board member for Warrick County Chamber of Commerce and committee member for several local events in both Indiana and Kentucky.

Questions regarding financial statements and tax returns?

If you wish to forward your financial statements in a secure email, please contact our lenders to arrange a secure link. Or you may email directly: commercialprocessing@ptsb-in.com

Loan Processor

Gina Heard

GINA HEARD

Commercial Loan Processor
Paradise

(812) 942-4539

Gina joined Peoples Trust & Savings Bank in December 2010 as a loan processing generalist. In 2012, she accepted the commercial loan processor position. Gina was recently named vice-chair of the marketing committee, and she volunteers at a number of community events. Employed in the banking industry since 1978, Gina has experience in commercial, consumer and student lending. She is a graduate of Oakland City University with a Bachelors of Science in Organizational Management and Human Resources Management.

Questions regarding loan documents, balances and payments? Please contact our commercial loan processor, Gina Heard.

Analysts

Jordan Rector

JORDAN RECTOR

Credit Analyst
Paradise

(812) 942-4515

Working at Peoples Bank since 2012, Jordan enjoys meeting and developing relationships with customers and co-workers the most. He will work hard through the process of extending credit to you and making sure you receive the best customer service possible. In his free time, he enjoys playing bass and acoustic guitar.

COMMERCIAL LOAN COORDINATOR

SHERRI RICE

Commercial Loan Coordinator
Paradise
(812) 942-4516

Sherri joined Peoples Trust & Savings Bank in August 2014 as a teller. In 2015, she accepted a position as commercial loan coordinator. Sherri has been in banking since 2005. She is a graduate of Indiana Business College with an Associate of Applied Science in both Accounting and Administrative Assistant. Sherri is very active in her local church where she holds the offices of Secretary and Trustee.

U.S. Small Business Administration (SBA) Business Loan Programs

Our lenders are experienced small business lenders and utilize the U.S. Small Business Administration loan programs when appropriate. The programs enable our lenders to provide funding for start-up business and help in situations where collateral shortfalls may be a factor.

Please contact our lending team with specific questions to be sure you are considering the best options for your financing needs.

SBA.GOV

7(a) Guaranty Program

The 7(a) Loan Program, SBA’s most common loan program, includes financial help for businesses with special requirements.

504 Capital Development Company (CDC) Program

The CDC/504 Loan Program provides financing for major fixed assets such as equipment or real estate. Premier Capital is our CDC business partner.

504PARTNER.COM

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