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 | Steady Saver |
Minimum Opening Deposit | $50.00 | $1,000.00 | $2,500.00 | $5.00 |
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 | $25.00 fee assessed for each withdrawal in excess of 3 per calendar year |
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) | See current rate sheet |
Conditions | Service charges will be waived for Senior Citizens, Custodial Accounts & Non-Profits |
Savings & Retirement Calculators
- College Savings: Use this calculator to help develop or fine tune your education savings plan.
- Savings Calculator: Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.
- Retirement Planner: Quickly determine if your retirement plan is on track - and learn how to keep it there.