Deposit Accounts – Peoples Bank

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 $1,000.00

Classic Friends Checking

• No minimum amount to open

• 55 Years old or older

• No service charge – unlimited check writing

• Interest paid on any balance

• One free box of wallet checks per year (style: single wallet checks)

NOW ACCOUNT

• $1,000.00 Minimum balance

• Interest accrues daily, compounds monthly

• You must maintain a minimum balance of $1,000.00 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

• $2,500.00 Minimum balance

• Variable rate interest accrues daily, pays monthly

• If your monthly balance falls below $2,500.00/ 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). 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 month.

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 month 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 month 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 annual disbursement date.