Accounts

Business Chequing Account

A basic business account that allows you to:

• Issue cheques and pre-authorized payments.
• Receive electronic payments.
• Make in branch deposits for same-day availability.
• Receive monthly statements for all account transactions.

Cash Management Account

A combination of loan and deposit services.

Loan Services

• Provides a line of credit to assist with the day to day operations of a business or First Nation.
• Credit limit established based on a percentage of the annual budget or proven cash flow.
• Credit limit subject to annual review and approval.
• Interest is calculated daily on the outstanding balance at the Peace Hills Trust prime rate plus an incremental percentage.

Deposit Services

• Issue cheques and pre-authorized payments.
• Receive electronic payments.
• Make in branch deposits for same-day availability.

Other Benefits

• Receive monthly statements for all account transactions.
• One-time, no penalty early redemption feature for Guaranteed Investment Certificates limited to 20% of the GIC amount.

Fees

• Annual operating fee charged as a percentage of the amount of the credit limit. Covers all transaction costs.

For more information about our business accounts and related services please contact your nearest Regional Office.