Commercial Banking
Business Savings
Business owners and managers can depend on Peapack-Gladstone Bank, a community bank that has helped this area grow since 1921. We provide our business customers with personalized service, individualized products and years of local experience that can help you succeed.
Rates and Terms
Certificates of Deposit
Enjoy guaranteed growth by locking in idle funds at competitive rates. Our terms are flexible, and deposits are fully insured by the FDIC up to the maximums allowed by law.
- A variety of terms from 7 days to 5 years
- A penalty may be imposed for early withdrawal
High Yield Money Market
Have your money work for you with this high yield account. Earn a competitive rate of interest that is compounded and credited monthly.
- Minimum to open $5,000
- Avoid $20 monthly service fee by maintaining a minimum daily balance of $5,000
- Unlimited ATM and in person withdrawals - up to 6 other transfers/withdrawals per monthly statement cycle
- $10 fee for each check paid in excess of 6 per monthly statement cycle
- Monthly statements
Six Tier Money Market
This account is designed to earn higher returns on your money. Your yield increases as your balance grows.
- Minimum to open $1,000
- Avoid $15 monthly service fee by maintaining a minimum daily balance of $1,000
- Unlimited ATM and in person withdrawals - up to 6 other transfers/withdrawals per monthly statement cycle
- $10 fee for each check paid in excess of 6 per monthly statement cycle
- Monthly statements
- Interest compounded and credited monthly
Statement Savings
Even with a low minimum balance, your money can still work for your business.
- Minimum to open $100
- Avoid $8 quarterly service fee and not earning any interest by maintaining a minimum daily balance of $100
- Unlimited ATM withdrawals, $.50 per in person withdrawal in excess of 9 per quarter - up to 6 other transfers/withdrawals per calendar month
- Quarterly statements (if electronic transactions occur, a statement will be rendered monthly)
- Interest compounded and credited quarterly
NEW! PGB Deposit - Now you can make deposits to your PGB savings account using your smartphone!
