You must be at least 18 years of age and you must be a U.S. citizen and/or U.S. resident alien to open an account online. The following items are required:
Driver’s License or Passport
U.S. Social Security Number
U.S. Citizenship or Resident Alien Status
Current Account Information
The Following Products Are Currently Offered Online:
Free-For All Checking
Direct Deposit Checking
Money Market Savings
10 Month CD
12 Month CD
30 Month Bump Up CD
Open Today and Get a $200 Bonus*!
*One bonus will be credited to an eligible new PeoplesBank checking account opened online for new or existing clients who do not have an existing checking account relationship with the Bank. To qualify, a minimum of one direct deposit in the amount of $350 or more must occur in the account within 45 days of account opening and the account must be in good standing with a positive balance. Qualifying direct deposits include electronic deposits from payroll, Social Security, or retirement benefits and do not include electronic transfers or credits such as account-to-account transfers or those made with internet payment services. Bonus will be paid in the form of a statement credit to the account after the 45 day period and may take up to two statement cycles to appear. Accounts must be opened online by June 30, 2020 to qualify. Limit one bonus per client regardless of the number of accounts opened or titling of accounts. Offer does not apply to employees of PeoplesBank and their immediate family members. Bonus paid to the client is reportable for tax purposes. A premature account closure fee of $100 will be assessed for accounts closed within 90 days of account opening. All checking accounts require a $25 minimum opening deposit. If an interest-bearing account is opened, the Annual Percentage Yield (APY) for the Interest checking account and Prime Time checking account is 0.01% as of 3/1/2020. The Interest checking account requires a minimum monthly balance of $750 and the Prime Time checking account requires a minimum monthly balance of $300 to obtain the APY. Does not apply to Second Chance Checking or PeoplesBank Momentum Checking and Savings. Fees may reduce earnings and rates are subject to change without notice. Offer may not be combined with any others and may be withdrawn at any time. Other terms and conditions may apply and are subject to change without notice. See a PeoplesBank representative for details.
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