Deposit Products
Peoples Bank Checking Accounts
| Student Checking: |
| No minimum amount to open |
| Must be full time student up to age 25 |
| 300 free checks per year |
| Under 18, must have a co-owner |
| |
|
| Classic Friends Checking: |
| 55 Years of age or better |
| No service charge – unlimited check writing |
| Interest paid on any balance |
| 10% Discount on safe deposit box rent |
| Free personal 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/debit fee. |
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/debit fee. |
| 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/debit fee. |
| 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/debit fee. |
| Cost of checks according to choice |
|
| 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/debit fee. |
| Cost of checks according to choice |
| |
|
| People's Plus Checking Account: |
| $100.00 Minimum opening deposit |
| $8.00/Month service charge w/$10,000.00 accidental death insurance |
$9.00/Month service charge w/$20,000.00 accidental death insurance |
$10.00/Month service charge w/$30,000.00 accidental death insurance |
600 Free checks per year |
| No minimum daily balance requirement |
| First year safe deposit box rent free |
| Interest paid on balances over $1000.00 |
|
| Money Market Account: |
| $2500.00 Minimum balance |
| Variable rate interest accrues daily, pays monthly |
6 Withdrawals allowed per month |
| 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/debit fee. Withdrawals over the six permitted will be charged an excessive withdrawal fee of $6.00 per check. |
| Business Checking : |
| $100.00 Minimum deposit to open |
| No service charge with daily balance over $1000.00 |
Below $1000.00 - $7.00/Month and $.30 per debit |
|
Peoples Bank Savings Accounts
| Savings Personal/Non Personal Savings: |
| $100.00 Minimum deposit |
| $2.00/ Month service charge /daily balance below $500.00 |
Interest accrues daily and pays quarterly |
Early withdrawal fee - $3.00
Early closing fee - $10.00 |
Excessive (over 6) withdrawals per quarter
$3.00 each |
|
| Christmas Club Savings : |
| $5.00 Minimum opening deposit |
| No withdrawals permitted |
Interest accrues daily and pays annually, checks mailed out in November |
| An early withdrawal fee of $3.00 will be charged if withdrawal made before maturtity. A fee of $10.00 will be charged if the account closes before maturity. |
| |
|
| 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 semi-annually |
| Withdrawals after one per month or 6 per semi-annual cycle will be charged an excessive 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 t-shirt with each new account |
|
| Certificate of Deposit: |
| $500.00 Minimum deposit |
| See one of our CSRs for rate and term information |
| U.S. Savings Bonds: |
| EE Bonds or I Bonds |
|
| Individual Retirement Plans: |
| Traditional, Roth, SEP, and educational |
| See one of our CSRs for rate and term information |
|
|
|
|
