At the Peoples Bank, we not only help you save, we make money for you. We will work with you to set up a program that maximizes the return on your savings dollars, while taking into account other important factors such as your monthly budget, your intended savings goals, and the need for access to your funds.
With only $100.00 you can open a savings account with interest compounded on a quarterly basis. Interest accrues on the average quarterly collected balance. Three free withdrawals are allowed per quarterly period. A fee of $3.00 per excessive withdrawal will be charged.
Christmas Savings Account
Why dread those Christmas bills each year when you can open a Christmas Savings Account at The Peoples Bank? Open with only $25.00 and earn interest daily. For your convenience, we will draft your checking account for contributions to your Christmas Savings Account or you may use a passbook. There will be a $5.00 fee for each withdrawal made prior to maturity.
The Peoples Bank offers this savings account for children under the age of 12 with a deposit of $100.00 or more. Stop by our main office or e-mail us for more information.