Peoples Bank offers the following deposit accounts:
Student Checking
- No minimum amount to open
- No service charge
- Must be full time student 25 yrs old or under
- Students under age of 18 must have a guardian sign on the account
- One free box of wallet checks per year (style: single wallet checks)
Regular Account
- $100.00 minimum deposit to open
- If your monthly balance is $500.00 or over for the statement period, you will not be charged a service charge or per check and/or ACH debit (check/debit) fee per item.
- If your monthly balance is between $0.00 and $99.99 at anytime during the statement period, you will be charged a service charge of $6.00 and a $.20 per check and/or ACH debit (check/debit) fee per item(when item post to the account).
- If your monthly balance is between $100.00 and $299.99 at anytime during the statement period, you will be charged a service charge of $5.00 and a $.20 per check and/or ACH debit (check/debit) fee per item(when item post to the account).
- If your monthly balance is between $300.00 and $499.99 at anytime during the statement period, you will be charged a service charge of $4.00 and a $.20 per check and/or ACH debit (check/debit) fee per item (when item post to the account).
- Cost of checks according to choice
Peoples Plus Checking Account
- $100.00 Minimum opening deposit
- PPI $9.00/Month service charge w/$10,000.00 accidental death insurance
- One free box of wallet checks per year (style: single wallet checks)
- No minimum daily balance requirement
- First year safe deposit box rent free (size: small)
- Interest paid on balances over $1000.00
Classic Friends Checking
- No minimum amount to open
- 55 Years old or older
- No service charge – unlimited check writing
- 10% Discount off any size safe deposit box
- Interest paid on any balance
- One free box of wallet checks per year (style: single wallet checks)
NOW Account
- $1000.00 Minimum balance
- Interest accrues daily, compounds monthly
- You must maintain a minimum balance of $1000.00 in the account each day to obtain the disclosed annual percentage yield.
- If your monthly balance falls below $1,000.00 on any day in the month, your account will be subject to a $7.00 service charge for the month and a $.30 per check and/or ACH debit (check/debit) fee per item (when item post to the account).
- Cost of checks according to choice
Money Market Account/Non Personal Money Market Account
- $2500.00 Minimum balance/$10,000
- Variable rate interest accrues daily, pays monthly
- If your monthly balance falls below $2,500.00/$10,000 on any day in the month, your account will be subject to a $7.00 service charge for the month and a $.30 per check and/or ACH debit (check/debit) fee per item (when item post to the account). Withdrawals over the six permitted will be charged a withdrawal fee of $6.00 per check and/or ACH debit (check/debit) fee per item (when item post to the account) for each excess transaction during each statement cycle.
Savings Personal/Non Personal Savings
- $100.00 Minimum deposit
- If your balance falls below$100.00 for Savings Personal only / $500 for Non Personal Savings on any day in the month, your account will be subject to a $2.00 service charge for that month.
- Interest accrues daily and pays quarterly
- All withdrawals over six per quarter will be charged a withdrawal charge of $3.00 per withdrawal.
- A fee of $10.00 will be charged if account closes within 90 days of account opening.
Moola Moola Savings Account for Children up to Age 12
- $10.00 Minimum deposit
- Social Security card for child and driver license and Social Security card for parent or guardian required for identification to open account
- Interest accrues daily and compounds quarterly
- Withdrawals after 6 per quarter cycle will be charged a withdrawal fee of $3.00 per withdrawal. A fee of $10.00 will be charged if account is closed within 6 months of date account is opened.
- Child receives a prize at different balance levels
Certificate of Deposit
- $500.00 Minimum deposit
- See one of our CSRs for rate and term information
Christmas Club Savings
- $5.00 Minimum opening deposit
- No withdrawals permitted
- Interest accrues daily and pays annually, checks mailed out in November
- A fee of $10.00 will be charged if the account closes before maturity.
