Additional Products & Services
The products and services offered by Peoples Bank & Trust for our consumer customers doesn’t stop at checking, savings, loans and other traditional options. We’ve worked to create additional items that make banking with us as convenient and thorough as you need. Better yet, the Consumer Banker who’s grown to know your financial situation can assist you with any of the other opportunities. Call your Consumer Banker today to discuss incorporating these other specialized products and services.
Bounce Protection is an overdraft privilege requiring no action on your part.You do not have to sign anything. Your Bounce Protection limit will be automatically assigned.
How does Bounce Protection work? As long as you maintain your account in good standing, Peoples Bank & Trust generally will honor overdrafts up to the Bounce Protection limit on your account. When you use Bounce Protection you should remember that the bank’s normal insufficient funds fee (NSF) for each transaction will be deducted from your limit. As before, the bank will notify you when an overdraft occurs. No interest will be charged on the overdraft balance.
How long do I have to repay my Bounce Protection? To maintain your account in good standing, you should bring your account to a positive balance within 30 days. If you are unable to do so, you will receive a letter informing you of the situation and your options.
How do I know when I used the overdraft privilege? You will receive an overdraft notice each time items are paid. The notice will show the check number, amount and NSF fee. You should subtract the total fees from your checkbook.
What if I go beyond my Bounce Protection limit? Overdrafts above your established Bounce Protection limit may result in a check or checks being returned. The normal NSF fee will be charged per item and assessed to your account. An NSF notice will be sent to notify you.
How soon can I use Bounce Protection? Your limit will be available for your use on the first business day following your account opening.
What is my Bounce Protection Limit?
Elite Money Market $750.00
Peoples Club Checking $500.00
Smart Checking $750.00
Budget Checking $500.00 (Retired Product)
Value Checking $500.00
Regular Checking $500.00 (Retired Product)
Fees for Bounce Protection, Overdraft Items, and Overdraft Daily Fees apply to overdrafts created by check, in-person, ATM withdrawal or other electronic means and service charges. Bounce Protection, Overdraft Items, and Returned Items Fees are $33.93 per debit item. Online Bill Pay NSF Item Fees are an additional $33.93. Overdraft Daily Fees are $7.18 per day beginning on the third business day the account is continuously overdrawn and continuing each business day until the account balance is positive. Fees for Bounce Protection, Overdraft Items, and Returned Items will not exceed $237.51 per business day per account. No fee will be charged for Bounce Protection, Overdraft Items, and Returned Items resulting in an overdraft balance greater than negative $2.00. These limits do not apply to Overdraft Daily Fees.
Bounce Protection Customer Overdraft Policy. An insufficent balance could result in several ways, such as (a) the payment of checks, automatic funds transfers, or other withdrawal requests; (b) payments authorized by you; (c) the return of unpaid items you have deposited; (d) bank service charges; or (e) deposits that are not yet available according to the bank's Funds Availability Policy. We are not obligated to pay an item presented for payment if your account does not contain sufficient funds. However, if you maintain your account in good standing (defined as making regular deposits to bring your account to a positive balance at least once every 30 days,) and there are no legal orders outstanding, we may approve your reasonable overdrafts as a non-contractual courtesy. Normally, we will not approve an overdraft for you in excess of the agreed limit assigned to your account type, including NSF fees(s). We may refuse to pay an overdraft for you at any time, even though we may have previously paid overdrafts for you. You will be notified of any insufficient funds items paid or returned; however, we may have previously paid overdrafts for you. You wll be notified of any insufficient funds items paid or returned; however, we have no obigation to notify you prior to paying or returning an item. If there is an overdraft paid by us on an account with more than one owner, each owner shall be jointly liable for the overdraft plus our NSF fee(s). Peoples Bank & Trust reserves the right to limit participation, lower your limit, or discontinue this product at any time. You may opt out at any time by contacting any of our branches. Toll free phone number 888-728-1954.
For more information about this product, contact your Consumer Banker.
Now you can access your Peoples Bank & Trust accounts from any where you have a PC and an internet connection. With Bank PBT Online you will be able to complete the following tasks at your convenience and FREE:
- Check your account balances
- Receive balance alerts through email or on your mobile device
- Transfer funds between accounts
- Make payments on your Peoples Bank & Trust loans
- View your statements
- View your imaged checks
While the above services are free in the basic Bank PBT Online package, there are some services for which there is a fee. Any fees associated with internet banking, and other bank products, can be seen by clicking on the button labeled fee schedule.
Peoples Bank & Trust uses the latest technology to ensure that your account information is safe and secure. Following is a list of the security features of Bank PBT Online:
- Password / PIN controlled access
- Secure connection with tested firewall systems
- Strongest level of encryption technology available in the industry - 256 bit encryption
- Personal Computer
- Internet access
- Internet browser with 256 bit encryption
Bank PBT Online Bill Pay
Online Bill pay is an additional feature added to the internet banking service to help make your hectic life a little easier. It is a fast, easy, secure way for you to take care of your bills. You are able to pay almost anything through your PC; from your credit card bill to your lawn care provider. You can set up your payments, and never have to worry about getting to the post office on time or getting stamps.
Bank PBT Online for Business
Peoples Bank & Trust is proud to offer online services to our business customers. We know that your needs are different than those of the individual. We also understand that your needs are different than those of the business next door. We can now offer you a cash management system that will allow you to do your banking from your office. Save time and money by streamlining your banking process and other critical management task, on a system customized to meet your special needs.
Here is a list of some of the business services we offer:
• Allow multiple users on the system with different levels of authority
• View account balances
• Access account history and statements
• View account transfers
• Online stop payment requests
• Pay bills
• Wire transfers
• Electronic payroll transmits
• Electronic Payments
Please contact us to discuss what options may be right for you and the fees associated with your plan. Be sure to ask us how your account balances may be used to offset or reduce your Bank PBT Online Cash Management fees.
If you have any questions concerning Bank PBT Online, or any of our other banking products, please click on the "Contact Us" button for a complete list of bank e-mail addresses or call 1-888.728.1954 for more information.
E-Statements are a safe, secure and convenient alternative to paper statements and signing up for the service is FREE. These advantages are a few of the reasons customer choose e-statements.
- Receive your statement through a secure, password protected email
- Eliminates the need to find space to store paper statements
- Provides easy access by computer
- Helps to fight identity theft- no documents to shred
- Faster Deliver Time- email versus standard mail delivery
Using our internal automatic product enables you to save money by reducing the number of checks needed as well as postage to mail the checks. You also save time by allowing us to take care of the tedious monthly task covered by using our Auto-Transfer products.
Protect your investments, valuables and documents in our fire-proof vault. A safe deposit box ensures safe keeping and you choose the size box that meets your needs. Contact your Consumer Banker to get your box today.
The Visa Debit Card is perfect for customers who want the convenience of not carrying cash or a checkbook. The Visa Check card works like an ATM card at ATM machines and also like a check at participating merchants. Take control of our debit card by setting up purchase alerts through Visa.
Three personal credit cards to choose from: Visa Platinum, Visa Bonus Rewards and Visa Bonus Rewards Plus. These cards offer a variety of terms, fees and rewards that can be redeemed as cash back, gift cards or merchandise. We also offer a Secured Visa Card for those who need to establish or re-establish credit. All cards are issued through Elan with the Peoples Bank & Trust name on front. Contact your consumer banker to find the card that best fits your needs.
This is a great credit card if you are just starting out or in college. Cards are issued through Elan with the Peoples Bank & Trust name on front.
Mobile Banking allows customers to access their accounts through an electronic device with internet capability. The access is granted to the customer by downloading the free Peoples Bank & Trust application onto their electronic device. There is a wide range of transactions available such as account balance inquiry, transferring funds from one account to another, viewing images of cleared checks, paying bills and making loan payments. Through Mobile Banking, customers have the convenience of banking anytime and anywhere.