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Save For a Rainy Day & Bright Future

Savings Rate
 

RewardsPLUS Saver

Rewards Saver

Savings Account

Premier Money Market Account

Money Market Account

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

Account highlights

Check out our highest APY - when you meet qualifications!  Must have RewardsPLUS Checking.

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When qualifications are met in Rewards Checking, earn a great interest rate!  Must have Rewards Checking.

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

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Start earning our highest 4.25% APY* when you open the account with the required $25,000 new money deposit.

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

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Linked to Rewards Checking account

  

 

 

 

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Minimum to open$100$100$100

$25,000

new money

$2,500
Pricing options per monthNo monthly chargesNo monthly charges$3 per month OR $0 per month if you maintain a balance of $300 or moreNo monthly charges.  If there are more than 10 withdrawals of any type each month, $1 charge each for transactions that exceed 10**$10 per month OR $0 if you maintain an average daily collected balance of $2,500

 

See Today's Deposit Rates

*Annual Percentage Yield (APY) effective as of 7/25/2023. At our discretion, the interest rate and APY may change at any time. The APY is paid on the entire balance in your account. Balances of $0.01 - $24,999.99 earn an interest rate of 1.98% and 2.00% APY; balances of $25,000.00+ earn an interest rate of 4.17% and 4.25% APY. A $25,000.00 deposit is required to open this account. The $25,000 opening deposit must be “new money” which is defined as money that is not currently on deposit at Peoples Bank.
Interest will be compounded and credited to your account every month on the last day of the current Statement Cycle, as assumed by the APY disclosed. We use the daily collected balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than when we receive credit on non-cash items (for example, checks).
FEES. There are no recurring monthly service charges associated with this account. **If there are more than 10 withdrawals of any type each month, there will be a charge of $1.00 each for transactions that exceed 10. Fees may reduce earnings. See separate disclosure “Common Features” for fees that may apply to the account. See “Effect of Closing Account” section below for additional information.
If you close your account before interest is credited, you will not receive the accrued interest. An account that is closed within 6 months of the opening date will be charged a fee of $20.00.
**Your mobile carrier's message and data rates may apply.