Personal Savings

Savings Accounts are one of the most popular and simple ways to achieve your financial goals.

A Personal Savings account from Peoples Bank is a convenient way to manage your long- and short-term cash needs. It is easy to save with regular auto-transfers from your Peoples Checking Account.

Account features:

Access to funds through in-branch withdrawals
Low minimum balance requirement to avoid service charges
Provides opportunity to teach children how to save money

Fee Schedule

Minimum daily balance to avoid monthly service charge: $300
Monthly service charge if below minimum: $3
Minimum opening deposit: $100
Interest is compounded daily and paid monthly
Effect of fees may reduce earnings. This is a variable rate account; rate is subject to change without notice.

*Minimum opening deposit, minimum balance and service charges are waived when the primary account holder is 18 years old or younger.

Personal Savings Rates

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Personal Premium Savings

This premium account is a great way to grow your nest egg. You'll enjoy the benefit of money market-style rates with higher yields for higher balances. There are no early withdrawal penalties with Personal Premium Savings, so you can save for your future and enjoy the liquidity of a traditional savings account.

Account Features

Access to funds through in-branch withdrawals
Tiered rate structure rewards you with higher rates for higher balances
Make deposits as often as you wish

Fee Schedule

Minimum daily balance to avoid monthly service charge: $25,000
Monthly service charge if below minimum: $15
Minimum opening deposit: $100
Interest is compounded daily and paid monthly.
Effect of fees may reduce earnings. This is a variable rate account; rate is subject to change without notice.

Personal Premium Savings Rates

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Looking for more long-term savings accounts or a savings account that earns higher interest rates? Consider one of these savings accounts:

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What About Checking?

Every savings needs a checking account. Find one that’s right for you.

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This information is for your ZIP Code of 49048

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	Personal Savings »	Personal Premium Savings »	Certificates of Deposit »	Money Market »	Health Savings Account »
Minimum Daily Balance to Avoid Monthly Service Charge	$300	$25,000	n/a	$1,000	None
Monthly Service Charge (if below minimum)	$3	$15	$0	$10	$3 applies regardless of balance
Minimum Balance to Open	$100	$100	Varies	$100	$100 to open
Penalty for Early Withdrawals	No	No	May apply	No	No
Interest Rate	Details »	*Tiered rates pay higher Annual Percentage Yield (APY) on higher balances. Details »	Fixed and variable rates available and are tiered based on balance. Details »	*Tiered rates pay higher Annual Percentage Yield on higher balances. Details »	Variable tiered rates pay higher Annual Percentage Yield on higher balances. Details »
Ability to Write Checks	No	No	No	Yes	Yes
Well Suited to These Savings Goals	Children's savings accounts, balances less than $25,000. Saving with the option to withdraw without penalty.	Balances greater than $25,000. Saving with the option to withdraw without penalty.	Longer-term savings goals with no anticipated need to withdraw during CD's term.	Earn a competitive interest rate while retaining immediate access to your funds.	Pair this account with a high-deductible health plan (HDHP).