Savings accounts are great for setting aside cash for big purchases or rainy days. And when you link one to a checking account at The Peoples Bank, you can set up scheduled transfers that will help you get to your savings goals even faster. All with interest that keeps your money working 24 hours a day.
Account Feature | Regular Savings | Money Market | Money Market Plus |
Minimum Opening Deposit | $50.00 | $1,000.00 | $2,500.00 |
Minimum Balance to Avoid Monthly Service Charge | $50.00 | $1,000.00 | $2,500.00 |
Monthly Service Charges | $5.00 | $5.00 | $7.00 |
Withdrawal Limits | $5.00 fee assessed for each withdrawal in excess of 6 per statement cycle | $5.00 fee assessed for each withdrawal in excess of 6 per statement cycle | $5.00 fee assessed for each withdrawal in excess of 6 per statement cycle |
P-to-P Transfers | $0.85/transfer | $0.85/transfer | $0.85/transfer |
Interest | See current rate sheet | Tiered (see rate sheet) | Tiered (see rate sheet) |
Conditions | Service charges will be waived for Senior Citizens, Custodial Accounts & Non-Profits |