The Peoples Bank offers a variety of checking account services to suit your needs. Whether you are a student needing your first account, or a large company with multiple business transactions – we have the account that is just right for you! Browse our checking account product options, and then visit one of our four locations to open yours today!
Traditional Checking
- $10.00 minimum opening deposit
- No charge for eStatements***
- No minimum balance
- One free box of checks per year for customers over the age of 50
Hometown Checking
- $10.00 minimum opening deposit
- No charge for eStatements***
- $8.00 monthly service charge can be avoided by completing the following:
- Average balance ≥ $500.00 OR
- Relationship balance ≥ $5,000.00 OR
- Under 24 years of age
- $3.00 statement credit per statement cycle if you make ≥ 25 POS transactions**
Elite Checking
- $10.00 minimum opening deposit
- Earns competitive interest rate if average daily balance is ≥ $2,500.00
- $2,500.00 – $99,999.99 – Tier Rate 1
- ≥ $100,000.00 – Tier Rate 2
- No charge for eStatements***
- $10.00 service charge can be avoided by completing the following:
- Average balance ≥ $2,500.00* AND
- 12 POS transactions **
Personal Money Market
- $10.00 minimum opening deposit
- $15.00 monthly service charge can be avoided by completing the following:
- Average balance ≥ $5,000.00*
- Earns competitive interest rate if average daily balance is ≥ $5,000.00
- $5,000.00 – $24,999.99 – Tier Rate 1
- $25,000.00 – $99,999.99 – Tier Rate 2
- ≥ $100,000.00 – Tier Rate 3
Business Checking
- $10.00 minimum opening deposit
- Account analysis may apply for high activity
- $10.00 monthly service charge can be avoided by completing the following:
- Average balance ≥ $1,000.00* OR
- Nonprofit organization OR
- 12 POS transactions**
Business Money Market
- $10.00 minimum opening deposit
- $15.00 monthly service charge can be avoided by completing the following:
- Average balance ≥ $5,000.00*
- Earns competitive interest rate if average daily balance is ≥ $5,000.00
- $5,000.00 – $24,999.99 – Tier Rate 1
- $25,000.00 – $99,999.99 – Tier Rate 2
- ≥ $100,000.00 – Tier Rate 3
Health Savings Accounts (HSA)
- $50 minimum opening deposit
- Earns competitive interest rate
- No monthly service charge
- No minimum balance
*Average balance is calculated by using the average daily balance method.
**ATM withdrawals do not count towards POS transactions. There is a maximum of $36.00 statement credit per calendar year.
***There will be a $3.00 fee per statement cycle if you receive paper statements.
Interest rates can change at anytime without notice
Incurred maintenance and/or activity fees could reduce the earnings on accounts.
The following services are available on all Peoples Bank Checking Accounts:
- Free Notary Service
- Combined Statements
- Overdraft Protection
