Savings and Investment Accounts at The Peoples Bank

Whether you’re saving for a rainy day or a special purchase, our savings accounts give you flexibility and excellent interest. Stop in one of our four convenient locations and open yours today!


  • $50.00 minimum opening deposit
  • Earns a competitive interest rate
  • Interest is accrued daily and compounded monthly
  • Maintain $100.00 balance to avoid $1.00 monthly service charge
  • $5.00 charge for each withdrawal in excess of six per month

Little Peoples

  • No minimum deposit
  • No minimum balance
  • Under 18 years old
  • Earns a competitive interest rate
  • $5.00 charge for each withdrawal in excess of six per month

Christmas Club

  • $1.00 minimum opening deposit
  • Deposit any amount at anytime
  • Checks issued annually in October
  • $10.00 penalty for early closing
  • Earns competitive interest rate

Certificates of Deposit

  • Minimum deposit requirements
  • Earns competitive interest rate
  • Interest can be:
    • Compounded quarterly
    • Monthly Check
    • Quarterly check
  • Terms Range from 91 days to 60 months
  • Penalty for early withdrawal

Young Investor

  • $100.00 minimum opening deposit
  • Earns competitive interest rate
  • Must be opened with a child’s social security number and with an adult as custodian (UTMA)
  • Additional funds ($25.00 minimum) may be deposited at any teller window
  • Term of 12 months – automatically renewable
  • Certificate can be retained until first maturity after reaching the age of 21
  • Savings book to be provided for recordkeeping
  • Withdrawals are permitted at maturity under the guidelines of the Uniform Transfer to Minors Act


  • Certificate of Deposit (Traditional and Roth)
    • $500.00 minimum opening deposit
    • Earns a competitive interest rate
    • Terms range from 91 days to 60 months
    • Tax advantages
  • Savings (Traditional)
    • $50.00 minimum opening deposit
    • Flexible account with no set term
    • Variable rate
    • Tax advantages
  • SEP

    • Offers retirement plans for self-employed individuals or the small business and their employees
  • Coverdell Education Savings Account (CESA)
    • Save for a child’s education expenses on a tax-deferred basis
    • Contributions are non-deductible
    • Distributions are tax free

Enhance your savings by scheduling periodic automatic transfers from your Peoples Bank Checking Account to your Peoples Bank Regular Savings Account.

The following services are available on all Peoples Bank Savings Accounts:

  • Free Notary Service
  • Combined Statements