Peoples Platinum Account
Rate information
- The interest rate and annual percentage yield may change weekly or at our discretion.
Compounding and crediting frequency
- Interest will be compounded and credited to the account monthly.
Effect of closing an account
- If the account is closed before interest is credited, interest will not be paid.
Minimum balance to open the account
- $50.00.
Minimum balance to obtain the annual percentage yield disclosed
- $250.00.
Daily balance computation method
- We use the daily balance method to calculate interest. This method applies a daily periodic rate to the principal.
Accrual of the interest on the non-cash deposits
- Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
Fees
- A service charge of $10.00 will be charged each statement cycle.
Benefits Plus Add-On
Fees
- In addition to your current account agreement, a service charge of $5.00 will be charged each statement cycle.
Regular Checking Account
Minimum balance to open the account
- $50.00
Minimum balance requirement
- A balance fee* of $6.00 will be imposed every statement cycle if the balance in the account falls below $750.00. This fee will not be imposed if an average daily balance of $1500.00 is maintained during the statement cycle.
* - This fee will not apply to students, customers age 62 or older or non-profit organizations.
Now Account
Rate information
- The interest rate and annual percentage yield may change weekly or at our discretion.
Compounding and crediting frequency
- Interest will be compounded and credited to the account monthly.
Effect of closing an account
- If the account is closed before interest is credited, interest will not be paid.
Minimum balance to open the account
- $1000.00
Minimum balance requirement
- A balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1000.00. This fee will not be imposed if an average daily balance of $1500.00 is maintained during the statement cycle.
Minimum balance to obtain the annual percentage yield disclosed
- $1000.00.
Daily balance computation method
- We use the daily balance method to calculate the interest. This method applies a daily periodic rate to the principal.
Accrual of the interest on the non-cash deposits
- Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
Super Now Accounts
Rate information
- The interest rate and annual percentage yield may change weekly or at our discretion.
Compounding and crediting frequency
- Interest will be compounded and credited to the account monthly.
Effect of closing an account
- If the account is closed before interest is credited, interest will not be paid.
Minimum balance to open the account
- $1500.00
Minimum balance requirement
- A balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1500.00. This fee will not be imposed if an average daily balance of $6000 is maintained during the statement cycle.
Minimum balance to obtain the annual percentage yield disclosed
- $1500.00.
Daily balance computation method
- We use the daily balance method to calculate the interest. This method applies a daily periodic rate to the principal.
Accrual of the interest on the non-cash deposits
- Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
