Institutional Solutions


Institutional Solutions

Meeting the unique banking needs of government entities and institutions requires much more than world-class financial services. It also takes an understanding on a local level, as well as a personal approach. As your partners in accountability and part of your community since 1885, that's what you'll find at PeoplesBank. And that's why we're the choice of so many institutional banking clients throughout Western Massachusetts.


Institutional Checking

For municipalities and institutional organizations with higher transaction activity, balances or will benefit from Cash Management Solutions

Institutional Interest Analysis

For municipalities and institutional organizations with higher activity levels and balances and will benefit from Cash Management Solutions

  • Competitive earnings credits to offset service charges 
  • Earn interest on collected balances
  • Access to PeoplesOnline Cash Management
  • Cash Management Solutions including ACH origination, Remote Deposit Capture, and more
  • Fraud Protection Services through Positive Pay services and account alerts

Demand Deposit

Investment Account*

  • Automatic investing
  • Competitive interest rates

* The Institutional Investment Account is not a deposit of, guaranteed or an obligation of the bank, is not insured by the FDIC or any federal government agency or other type of deposit insurance, and may be subject to risk and loss of principal.

Money Market Account

  • Competitive interest rates
  • No monthly service charges
  • Check writing capability
  • Deposits insured in Full by FDIC and DIF

Certificate of Deposit

  • Competitive interest rates
  • Variety of terms available
  • Deposits insured in full by FDIC and DIF

Cash Management Services

With a long history of outstanding, reliable and accurate reporting, we have a deep understanding of the market. Our proven capabilities in cash management ensure your ability to make regular, predictable payments with ease. Moreover, we'll search for ways to save money by finding the best way to procure needed assets and manage funds. Our quality services include:

For more options, see Cash Management Solutions.

Financing & Short Term Funding

  • Competitive interest rates
  • Flexible Terms
  • Prompt decision making

Contact Joseph Fimognari, Margaret Lenihan, or David Thibault for Institutional Solutions.

Holyoke, Massachusetts 01040 | 413.538.9500 Connects to All Offices
  • DIF
  • FDIC
  • Equal Housing Lender