Checking & Savings Accounts

PeoplesBank offers several checking and savings accounts options to fit your needs and lifestyle. Apply for one of the options below online now or check out current rates on other options available at our Financial Centers!

Momentum Checking & Savings Primetime Checking Personal Statement Saving Personal Money Market
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Qualifications and Requirements At least one account holder must be 50 or older $25 opening balance required $500 opening balance required
Balance to Avoid Monthly Maintenance Fee $0 $300 $100 $1,000
Maintenance Fees No fee when you opt into e-statements or $5 monthly fee for paper statement $3 per month if balance falls below minimum any day during statement cycle $3 per month if balance falls below the minimum any day of the month $10 per month if the balance falls below the minimum any day during the cycle
Interest Variable interest rate on Momentum Savings balance, compounded and credited monthly

$100 Momentum Savings balance required

Variable interest rate, compounded and credited monthly

$.01 balance required

Variable interest rate, compounded and credited quarterly

$.01 balance required

Variable tiered interest rate, compounded and credited monthly

$1,000 balance required

Special Features Every time you make a purchase with your debit card, the extra change it takes to round up the total to the nearest dollar will be deposited into your Momentum Savings account (Round up savings feature may be suspended at the client’s request)

PeoplesBank fee waived on all non-PeoplesBank ATMs when you withdraw cash with your debit card

Use your debit card online or select “credit” in store to get 0.5% cashback directly in your Momentum Savings account when direct deposits total $2,500 in a statement cycle

Refund up to $10 a statement cycle for all fees accrued by other financial institutions at non-PeoplesBank ATMs when direct deposits total $2,500 in a statement cycle

Link a Momentum Checking and Momentum Savings to provide protection for overdrafts

Specially designed, personalized PrimeTime checks

Fee waived for: signature guarantees; notarization of signatures; cashier checks; four non-PeoplesBank ATM withdrawal transactions per statement cycle (ATM owner may impose a surcharge); overdraft protection transfers from other PeoplesBank accounts

May be linked to another PeoplesBank account for overdraft protection

Quarterly statements unless combined with checking or money market account statements

Debit card with ATM withdrawal capability available when statement is combined with checking or money market account statements

May be linked to a checking account to provide overdraft protection

ATM and debit card accessible

May be linked to a checking account to provide overdraft protection