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People's Bank of Commerce

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At People's Bank, we are committed to supporting nonprofit organizations in our community. We understand the unique challenges faced by these organizations and strive to make their financial management easier. That's why we offer a range of services designed specifically for nonprofits.

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Nonprofit Checking Account

One of the most popular services we offer is our truly free checking account for nonprofit organizations. With this account, nonprofits can avoid the fees that are often associated with traditional checking accounts. This means that they can keep more of their hard-earned funds where they belong - in their organization's budget.

Service Charge Free Checking
  • No monthly service charges
    • No minimum balance
    • No activity or per-item fees
  • No Overdraft/Insufficient Funds fees
  • No return deposited check fees
  • No fees for Bill Pay
  • No online banking fees
    • Featuring multiple online users and dual approval
  • Free fraud protection
    • Including Check Positive Pay & ACH Filter
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Nonprofit Money Market Account

In addition to our free checking account, we also provide nonprofit money market and lending services. These options allow nonprofits to grow their funds and invest in their organization's future. We understand that every dollar counts when it comes to nonprofit work, and we are committed to helping these organizations achieve their goals.

With our tiered rate structure, you have the opportunity to earn a preferred interest rate on any balance you hold with us. As your balance grows, you'll be able to enjoy even higher interest rates, giving you more incentive to save and invest with us. Our system is designed to reward responsible saving and investing habits, so you can rest assured that you're getting the best possible deal on your money. With our account, you'll be able to watch your savings grow over time and enjoy the benefits of a healthy financial future.
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Complimentary Service
As a further demonstration of our commitment to nonprofit organizations, we also offer complimentary services such as credit toward your first order of checks, set-up fees waived on several products, and much more! We believe that by supporting nonprofits in our community, we can help to make a real difference in the lives of those who need it most.

Checks – $150 credit toward first order of checks.

Remote Deposit Capture – No set-up fees, allowing you to process checks from the convenience and security of your office. Equipment fees may apply.

ACH Origination – No set-up fees, with activity fees waived up to 25 files per month.

Business Credit Cards – Our nonprofit credit card provides rewards and card benefits.

Merchant Services – Expand your customer payment options with competitive fees for card processing.
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People's Bank is dedicated to providing commercial loans that meet the unique needs of nonprofit organizations. Our competitive rates and fees are tailored to support the vital work of these organizations, allowing them to continue to make a positive impact in the community. We take pride in the quality of our services, and our team of experts is committed to providing the highest level of support and guidance to our clients throughout the loan application process. Subject to qualification.

  • Real Estate Loans
  • Short Term Bridge Loans
  • Equipment Loans
  • Leasehold Improvement Financing and Credit Lines.

Documentation Prep Fee Waived - $600.00 Value

In addition, People’s Bank will donate 50% of the loan fee back to your nonprofit organization, maximum $5,000.

If you are a nonprofit organization looking for financial support and a partner who understands your unique needs, People's Bank is here to help. Contact us today to learn more about how we can support your organization's financial management needs.

Eligibility for the Nonprofit Program is subject to 501c(3) status or the IRS definition of a nonprofit organization.  

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