Online Banking

Savings coins in jars

Personal Savings

Statement Savings

  • No Minimum Monthly Balance
  • No Monthly Fee
  • Earns Interest
  • Two (2) Free Withdrawals per Month
  • (No More than six (6) Transfers and Withdrawals per Calendar Month.)
  • $5 Per Excessive Transaction Over Two (2)
  • $25 minimum Opening Balance
  • Add Peoples PennyWise Plus to Savings at No Charge (Rounds Debit Card Purchases up to the nearest dollar and deposits into Savings Account)

Pennywise Plus

Save money without any effort! When you use your debit card either as credit or debit you will be charged the amount of the transaction plus the amount rounded to the next whole dollar.

Example: Purchase a candy bar and a drink for $2.58. You would see this purchase on your statement as $2.58. Then 42 cents would transfer to your savings account for a total amount of $3.

PennyWise will not allow your account to be overdrawn to round up to the nearest dollar. The round up will not occur.

Please stop at any of our locations to sign up for PennyWise Plus Savings!

Young Savers

  • For Ages 17 and Under
  • No Minimum Monthly Balance
  • No Monthly Fee
  • Earns Bonus Interest Rate
  • Two (2) Free Withdrawals per Month
  • (No More than six (6) Transfers and Withdrawals per Calendar Month.)
  • $5 Per Excessive Transaction Over Two (2)
  • $25 minimum Opening Balance

Christmas Club

  • Can have weekly deposits automatically transferred from The Peoples Bank Checking Account
  • Earns Interest
  • Added Bonus of .10% if Automatically Transferred  Into a The Peoples Bank Checking account in the Month of October
  • Payouts start in October each year
  • $15 Early Withdrawal Penalty

HSA

  • Account to Save for Medical Expenses for Individuals with High Deductible Health Insurance Plans
  • Deposits are Made on a Pre-Tax Basis
  • No Monthly Fee
  • No Minimum Opening Balance
  • FREE Debit Card
  • Earns Interest

Investment Checking

Interest Rate Tier Options Available for Balances in Tiers of:

$2,500 – $5,000
$5,001 – $10,000
$10,001 – $20,000
$20,001 – Over

  • No Monthly Fee if Balance is $2,500 or more
  • $15 Monthly Fee if Balance Falls Below $2,500
  • Check Writing and Debit Card Availability
  • $2,500 Minimum Opening Balance

 

(No More that Six Transfers and Withdrawals per Monthly Statement Cycle. $10 per Item Excessive Debit Charge Over Six.)

Certificates of Deposit

We offer a variety of Certificates of Deposits ranging from terms of 12 to 60 months. The minimum balance to open an account and obtain the APY (Annual Percentage Yield) is $1,000. APY is based on monthly compounding and assumes the interest remains on your account for the term of the Certificate. Rates are subject to change without notice. Early withdrawal penalties apply. No Brokered Deposits. Please call one of our locations for specific term and interest rates.

IRAs

We offer Traditional or Roth Individual Retirement Accounts (IRA).

Traditional IRA allows you to defer taxes on the earnings on your contributions until they are withdrawn. Also, certain contributions are tax deductible in the tax year for which you take them.

Roth IRA allows only nondeductible contributions and features tax-free withdrawals for certain distribution reasons after 5 years. Roth IRA contributions are nondeductible and taxed in the year they are earned.

IRAs range in terms of 12 to 60 months and have a minimum opening deposit of $1,000.

Please contact one of our offices for more information on Traditional and Roth IRAs and for specific term and interest rates.