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 FeatureRegular SavingsMoney MarketMoney Market PlusSteady 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
InterestSee current rate sheetTiered (see rate sheet)Tiered (see rate sheet)See current rate sheet
ConditionsService 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.

The Peoples Bank is always here to help as a trusted partner and member of the community. You may have heard the recent news of the two bank failures in the United States. We understand the uncertainty and questions that come along with circumstances like this. The Peoples Bank is a community bank with a track record that has proven successful for more than 112 years. We are well-diversified, and we are well-capitalized and liquid. Not only are we FDIC insured, we also have a vigorous risk-management plan and an experienced team of leaders. We take seriously the responsibility of being your financial partner for your business, for your family, and for our community. Please reach out to us if you have any questions. We’re always here.