Deposit Accounts

Free Services that compliment your account:

  • Online Banking
  • Online Bill Pay (Not available with Savings or Money Market Accounts)
  • Mobile Banking
  • Electronic statements.

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.

Savings 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 quarterly.

Effect of closing an account
If the account is closed before interest is credited, interest will not be paid.

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).

Transaction Limitations: During any month, you may not make more than six (6) withdrawals/transfers to another bank account of yours or to a third party by means of a pre-authorized, Automatic Funds Transfer (AFT), by Automated Phone Teller or by phone through a Bank representative, whether initiated by check, draft, debit card, if applicable, or similar order to a third party. This includes Internet Banking account transfers and bill payments.

Excessive Transactions
If you exceed six (6) monthly “third party” withdrawals/transfers three (3) times in a twelve month period, the regulation requires the use of the Savings Account be terminated.

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).

Money Market 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
$2500.00.

Minimum balance requirement
A balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $2500.00. This fee will not be imposed if an average daily balance of $10000.00 is maintained during the statement cycle

Minimum balance to obtain the annual percentage yield disclosed
$2500.00

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).

Transaction Limitations
During any month, you may not make more than six (6) withdrawals/transfers to another bank account of yours or to a third party by means of a pre-authorized, Automatic Funds Transfer (AFT), by Automated Phone Teller or by phone through a Bank representative, whether initiated by check, draft, debit card, if applicable, or similar order to a third party. This includes Internet Banking account transfers and bill payments.

Excessive Transactions
If you exceed six (6) monthly “third party” withdrawals/transfers three (3) times in a statement cycle, the regulation requires the use of the Money Market Deposit Account be terminated.