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Business Online Banking
Business Bill Pay
Mobile App & Mobile Deposit
Remote Deposit
Positive Pay
Card Processing Services
Business Debit Cards
ACH Services

 

Business Online Banking allows you to:

  • View account details 24/7 for deposit accounts and loans
  • Pay employees or vendors by making either a one-time payment, or setting up recurring payments
  • Transfer money between your accounts at Peoples Bank
  • Make your Peoples Bank loan payment
  • Opt-in to text and email Alerts so you can be notified of account activity
  • Initiate stop payments
  • Originate ACH's
  • Initiate domestic wire transfers
  • Utilize remote deposit
  • Prevent fraud with Positive Pay

 

Business Bill Pay

Bill pay allows you to pay employees or vendors easily and securely.  You can schedule one-time or recurring payments and link your invoice and credit memo information with your payments.

 

Mobile App & Mobile Deposit

The Peoples Bank business mobile app is available for all your business needs.  In order to begin the mobile deposit enrollment process, complete the form below.  


*Data rates may apply.

 

Remote Deposit

Remote Deposit allows you to make deposits right from your office. It's a simple, one-step solution, saving you time and a trip to the bank. 

 

Positive Pay

Positive Pay is a free cash management feature that helps you detect, identify, and actively prevent check fraud.  Here's how it works:

  1. Send us your secure online data file of all checks written for your business.  We verify the checks presented including payee, check number and dollar amount.
  2. Any items that do not match the file are halted until you can review and approve them.
  3. This ensures that no fraudulent checks are paid and keeps your account secure.

 

Card Processing Services

The way customers want to pay is changing, and digital payment transactions are reaching new records every year.  As the owner of a growing business, you need a secure, easy solution for accepting and processing multiple forms of payments.  We take the guesswork out of accepting payments and managing your business so you can focus on growth. 

Whether you need a simple hosted payment page or a completely customized experience, our Card Processing Service* solutions make it easy for businesses to accept all payment types in a card present or card not present environment.  Our advanced security features, streamlined business management tools, enhanced analytics and customer-centric service provide you with a robust, yet easy to use solution.

  • Get paid fast with Same Day and Next Day funding.
  • Protect your business with data security solutions that help keep your payments and business protected from fraud.
  • Run your business better with online reporting and support tools.
  • Receive better care with 24/7/365 customer support.

Contact us today for a free consultation and free quote!

*Card Processing Services available through Elavon Inc ©.  © 2021 Elavon, Inc.  Elavon is a registered trademark in the United States and/or other countries.  All rights reserved.  Offer subject to change without notice. 
 

Business Debit Cards 

A business debit card allows you to make purchases directly from your business checking account anywhere Mastercard ® is accepted in person, online or over the phone.  It conveniently works anywhere you make business purchases – at the printer’s office, gas stations, Amazon and more.  Simply present your business debit card and then enter your Personal Identification Number (PIN) or provide your signature for purchase.  You can also use it to get cash at ATMS.

Your security is foremost here at Peoples Bank.  You will receive a text if a suspicious transaction is detected on your business debit card.  The text will offer basic information about the transaction.  If it's your business transaction, simply reply "yes" and you can carry on with your purchases.  If it's not your business transaction, reply "no", and you'll receive a message with a phone number to call for further action.  It's quick, easy, and lets you stay confident while using your Peoples Bank business debit card.  And don't worry - if you miss our texts, the Fraud Department will call you. 

Please report lost or stolen business debit cards right away.  During normal business hours of 8:00 am to 5:00 pm, call Customer Care at 815-936-7600. After business hours, call 1-800-554-8969.  Stop by any location of Peoples Bank and we can re-issue a new business debit card instantly.*

You may carry your Peoples Bank business debit card in digital format by adding it to your mobile wallet today.   

*$10 business debit card reorder fee applies
 

ACH Services

ACH Origination offers the following features and benefits:

  • Lowers the costs of processing, storing and reconciling manual checks.
  • Automates your collection process and eliminates the administrative time and expense normally associated with processing paper-based receivables.
  • Reduces payroll costs and employee time. Employees automatically receive any credit to their accounts, and no longer need to go to a bank to deposit checks.
  • Lessens exposure to check fraud. With no checks to steal or lose, there is no need to stop payments or reissue checks.
  • Improves customer satisfaction by allowing you to accept more payment options.
  • Provides an audit trail of payments, and more accurate cash flow forecasting.

 

ACH Credit origination services can be used for:

  • Payroll direct deposit, which electronically credits an employee’s checking or savings account.
  • Quickly and easily making federal and state tax payments.
  • Replacing paper checks issued to vendors with electronic payments, which can reduce administrative expenses and potential fraud.

ACH Debit origination services can be used for:

  • Automating your collection process, making it quick and easy.
  • Enhancing your credit management process with accurate payments from your customers.
  • Ensuring timely receipt of payments, so you can improve your ability to forecast cash flow.

 

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What You Need to Know about Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

  1. We have standard overdraft practices that are available after your account has been open for 30 days and as long as you maintain your account in good standing.
  2. We also offer an overdraft protection plan, Overdraft Protection Sweep, a link to a savings account.  It may be less expensive than our standard overdraft practices. To learn more, ask us about this plan.

This notice explains our standard overdraft practices.

 

What are the standard overdraft practices that come with my account?

After your account has been open for 30 days and as long as you maintain your account in good standing, we do authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number
  • Automatic bill payments

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

  • ATM transactions
  • Everyday debit card transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

If we do not authorize and pay an overdraft, your transaction will be declined.

 

What fees will I be charged if Peoples Bank of Kankakee County pays my overdraft?

Under our standard overdraft practices:

  • We will charge you a fee of up to $30 each time we pay an overdraft.
  • The maximum daily overdraft fee per presentment or item paid using the Overdraft Reserve Program is $150.00 per day.
  • No per item handling fee will be charged on de minimis overdrafts. De minimis overdraft for this policy means transactions that overdraw your account by $30 or less.
  • There is an overdraft fee of $5 per day that will be charged beginning the 4th consecutive business day your account is overdrawn.

 

Nonsufficient funds (NSF) fees - if an item drafted by you (such as a check) or a transaction you set up (such as a preauthorized transfer) is presented for payment in an amount that is more than the amount of money in your account and we decide not to pay the item or transaction, you agree that we can charge you an NSF fee for returning the payment. Be aware that such an item or payment may be presented multiple times by the merchant or other payee until it is paid, and that we do not monitor or control the number of times a transaction is presented for payment. You agree that we may charge you an NSF fee each time a payment is presented if the amount of money in your account is not sufficient to cover the payment, regardless of the number of times the payment is presented.

PAYMENT ORDER OF ITEMS - The law permits us to pay items drawn on your account in any order (for purposes of this section "items" means checks, orders and electronic transactions). To assist you in handling your account with us, we are providing you with the following information regarding how we process those items. When processing checks and orders drawn on your account our policy is to pay lower numbered checks and orders in numerical sequence, but electronic transactions are paid first in the order received. The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. There is no policy that is favorable in every instance.  If the smallest items are paid first, you may have fewer NSF or overdraft fees, but the largest, and perhaps more important items (such as rent or mortgage payments) might not be paid. However, if the largest items are paid first, your most important items might be paid but it may increase the overdraft or NSF fees if funds are not available to pay all of the items. We think our policy attains a reasonable balance between minimizing additional costs to you and paying your more important items. We encourage you to make careful records and practice good account management. This will help you to avoid creating items without sufficient funds and incurring the resulting fees.

 

What if I want Peoples Bank of Kankakee County to authorize and pay overdrafts on my ATM and everyday debit card transactions?

If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions after your account has been open for 30 days, you may opt in.    

You have an ongoing right to change this consent at any time. If your overdraft privilege has been revoked for any reason, the opt-in or opt-out selection may not apply. Please contact your nearest office for more information.

 

Alternate ways to Opt In/Out or make changes:

  • By Phone.   Our Customer Care Representatives can be reached at 815-936-7600.
  • By Mail.   Peoples Bank of Kankakee County, 333 E. Court Street, Kankakee, IL 60901
  • In Person.  Please visit your local office and ask a representative to help you decide which plan is best for you.