Deposit Accounts

Simply Free Business Checking

Prairie State Bank & Trust Simply Free Business Checking account is ideal for small businesses, or businesses that do not have a large amount of activity. This account is designed exclusively for sole proprietors, non-profit organizations and informal associations only. 

Features

  • No monthly maintenance fee.
  • Unlimited transactions per month.

Benefits

  • Unlimited transactions per month
  • Free Business Debit Card
  • Free & Unlimited Online and Mobile Banking*
  • Access to other Business Services
  • Bill Pay Service- 10 FREE then $0.50 per deposited item*
  • Mobile Deposit- $0.50 per deposited item*

 

*Available only to sole-proprietorships. Other entities must use Cash Management. Speak to a business banking specialist for additional information. 

Contact our Business Services Team to get your account started today! 

Simplified Business Checking

Prairie State Bank & Trust Simplified Business Checking account is ideal for small businesses, or businesses that do not have a large amount of activity. This account was designed with sole proprietors and partnerships in mind.

Features

  • No monthly maintenance fee with an average daily balance of $1,500 or greater and fewer than 150 items per statement cycle, or an average daily balance of $15,000 or greater.
  • If the total activity is greater than 150 items per statement, a $.25 per item fee will be assessed for each item over the limit.

Benefits

  • Unlimited transactions per month
  • Free Business Debit Card
  • Access to other Business Services
  • Bill Pay Service

Contact our Business Services Team to get your account started today! 

Enhanced Business Checking

Enhanced Business Checking is designed for businesses that are growing or have large transaction volume and are looking for the most cost-effective way to bank.

Features

  • To eliminate or offset account activity fees, an earnings credit is calculated based on your monthly average collected balance.
  • $8.00 Monthly Maintenance fee
  • $ .15 per debit/credit/ACH item
  • $ .09 per item deposited

Benefits

  • Unlimited transactions per month
  • Free Business Debit Card
  • Access to other Business Services
  • Bill Pay Service

Contact our Business Services Team to get your account started today! 

Non-Corporate NOW Account

Non-Corporate NOW Account is designed for sole proprietorships, governmental agencies, public funds and non-profit entities.

Features

  • No Monthly Maintenance Fee for accounts with a minimum daily balance of $1,000 or greater.
  • Earn interest on your entire account balance.
  • Interest is compounded and credited to your account monthly

Benefits

  • Unlimited transactions per month
  • Business Debit Card
  • Access to other Business Services
  • Bill Pay Service

Contact our Business Services Team to get your account started today! 

Non-Personal Savings

Non-Personal Basic Savings allows you to save at any pace you decide with access to your funds anytime.

Features

  • $100 Minimum to open
  • Interest Earning, credited quarterly
  • 3 withdrawals per month
  • Monthly Maintenance Fee of $2.00 will be waived if you maintain a minimum daily balance of $100 or more

Contact our Business Services Team to get your account started today!