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    Kankakee, IL

    (815) 936-7600

    Your Preferred Branch

    Kankakee Downtown Office

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    333 E. Court Street
    Kankakee, IL 60901

    Phone: (815) 936-7600
    Fax: (815) 932-5009

    Lobby Hours

    Mon - Fri 8:00am - 5:00pm

    Sat 8:00am - 12:00pm

    Drive Through Hours

    Mon - Fri 8:00am - 6:00pm

    Sat 8:00am - 12:00pm

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    • Bourbonnais Office
      315 Main NW - Bourbonnais

    • Kankakee Downtown Office
      333 E. Court Street - Kankakee

    • Manteno Office
      198 South Creek Drive - Manteno

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Savings, CDs & Health Savings Accounts

Home Personal Savings

Accounts that Grow with You

Choose one or more of the three easy options below, and let your money start growing. Though we can’t predict the future, we can start preparing for those rainy days now.  Let our team tailor a rock-solid savings solution that is perfect for you.   With automatic transfers, we can do the work for you and start growing your savings today. 

Savings Account Comparison

Choose the account or combination of accounts that will suit your needs the best.  


Savings Rate

Savings Account

Rewards Saver

Money Market Account

It's easy to open your account onlineOpen An Account TodayFill Out Our Online ApplicationOpen An Account Today

Account highlights

Earn interest and start saving for a rainy day….and for a bright future.

Full account details

When qualifications are met in Rewards Checking, earn a higher interest rate!

Full account details

Earn money market interest rates and have access to your funds with check writing privileges.

Full account details

Linked to Rewards Checking account








Free online & mobile banking appCheckmarkCheckmarkCheckmark
Free eStatement availableCheckmarkCheckmarkCheckmark
Check writing privileges  Checkmark
Minimum to open$100$100$2,500
Pricing options per month$3 per month OR $0 per month if you maintain a balance of $300 or moreNo monthly charges$10 per month OR $0 if you maintain an average daily collected balance of $2,500


Certificates of Deposit (CD)

For a low risk saving solution, check out the CDs that Peoples Bank offers.  You’ll find special terms and premium interest rates that not all banks offer.   Here are our most popular products: 

Savings Rates


Interest Rate


Minimum to Open & Obtain APY

13 Month CD & IRA Special3.21%3.25%$10,000.00
18 Month FLEX CD




Click here for additional interest rates

Health Savings Account

Set aside money for healthcare expenses tax-free.  Enrolled in a qualified high deductible health plan?   An HSA helps you offset out-of-pocket healthcare expenses. Deposited funds are tax deferred, and as long as you use the money for qualified medical expenses, you’ll never have to pay tax on it. HSA benefits include:

  • Contributions are tax deductible
  • Earnings grow tax-deferred
  • Distributions to pay qualified medical expenses are tax free
  • Free debit card and checks are provided for easy access
  • Balances over $300 earn interest
  • No monthly service fees
  • $1 Minimum to open
  • Free online banking

The IRS ultimately determines what's considered a qualified expense, so it's important to keep detailed records. Also, you should check with your employer or insurance carrier to make sure your coverage qualifies as a high-deductible health plan.