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In order to get started, select an account that works for you.

Business Analysis Checking

Planters Bank offers a business checking account that can be arranged to suit the needs of the individual business, corporation, or partnership. The service fees are based on the monthly activity and the average collected balance of the account for the statement cycle.

$8 monthly maintenance per account
$0.15 per checks and debit paid
$0.08 per items deposited
Fees for miscellaneous services such as stop payment, return items, wrapped coins, etc.
An earnings credit against the service fee will be calculated on the average collected balance of the account for the statement cycle.
Effective 2/28/21, a $3.00 monthly mailed statement fee will be assessed unless your account is changed to e-statements on internet banking.

Small Business Checking

A great account that provides the services you need.

$100 Minimum Opening Deposit
$10.00 Minimum Balance Fee- $2,500 minimum balance to avoid fee
$0.08 per credit fee, after the first 100 free items per month
$0.02 per debit fee, after the first 75 free items per month
Free online and mobile banking
Free mobile deposit
Free text banking
Free bill pay with one of more payments per month; $5.00 per month if no bill payment

Non-Profit Checking

Our non-profit checking account is designed especially for small not-for-profit organizations. The opening balance just $50, and this account has the same service charge as our regular business checking account. Stop by your local office to find out more about our non-profit accounts for your organization.

$50 minimum opening deposit
Monthly maintenance fee $6.00
$0.065 per items deposited
$0.11 per debit
Fees for miscellaneous services such as stop payment, return items, wrapped coins, etc
An earnings credit against the service fee will be calculated on the average collected balance of the account for the statement cycle.
Effective 2/28/21, a $3.00 monthly mailed statement fee will be assessed unless your account is changed to e-statements on internet banking.

NOW Account

Planters Bank’s NOW account is an account for certain organizations that earns interest.

$500 Minimum Opening Deposit
$6 Monthly Service Charge
$1,000 Minimum Balance to Avoid Service Charge
Unlimited Check Writing
Interest accrues on daily collected balances of $1,000 or more; interest credited monthly
Non-profit organizations; government units; incorporated businesses organized for non-profit; sole proprietorships qualify for NOW accounts.
Effective 2/28/21, a $3.00 monthly mailed statement fee will be assessed unless your account is changed to e-statements on internet banking.

Business Money Market Account

Planters Bank offers a money market account that provides a competitive rate of interest while allowing immediate access to funds. This account typically pays a higher rate of interest than the traditional savings account. Interest is accrued on a daily collected balance and is credited and compounded monthly.

$500 Minimum Opening Deposit
$6 Monthly Service Charge
$500 Minimum Balance to Avoid a Service Charge
Unlimited withdrawals may be made if done in person, by mail, by messenger, or at an ATM
Limited to 6 transfers per month to another account with Planters Bank or to a third party by means of pre-authorized, automatic, or telephone to a third party
Effective 2/28/21, a $3.00 monthly mailed statement fee will be assessed unless your account is changed to e-statements on internet banking.

Business HY Money Market Account

Our High Yield Money Market Account is now available for personal and business customers.

Unlimited withdrawals if done in person, by mail, by messenger or at an ATM
Minimum Opening Deposit: $25,000
$10.00 service charge only if debits/withdrawals exceed 6 per month
Monthly Transfers: Limited to six per month
Free online banking
Free Planters Bank Mobile App

Business TD Specials

Limited time TD Specials

$10,000 Minimum Balance
7 Month - 3.78% APY

Business Time Deposit 1 - 5 Year Maturities

Save for short or long-term goals.

1 Year - 2.83% APY; 2 Year - 2.78% APY
3 Year - 2.78% APY; 4 Year - 2.27% APY; 5 Year - 2.02% APY
$500 - Minimum Opening Deposit

Business Time Deposits Maturity < 1 Year

Save for your short term goals

1 Month - 3.04% APY
2 Month - 3.04% APY
3 Month - 3.03% APY
6 Month - 2.92% APY
$500 - Minimum Opening Deposit

Business Basic Savings

business basic saving account

$100.00 minimum opening balance
Unlimited deposits
Nine (9) free withdrawals per quarter; $3.00 for each in excess of nine
Quarterly service charge $8.00
Minimum balance to avoid services charge-$250.00 Interest accrues daily on the collected balance and posts quarterly
Available to businesses (incorporated and non-incorporated, public funds, partnerships, non-profits, sole proprietorships, limited liability company, associations)