Savings Accounts:

People’s Savings

  • $100.00 Initial Deposit
  • Earns interest on daily collected balance – Compounded & credited quarterly
  • Interest rate subject to change
  • Service Charge – $3.00 per month – if daily balance falls below $100.00
  • Over 6 transfers per month – $1.00 per transaction**

**Transfers/Withdrawals made in person, by mail, or at an ATM are unlimited

Peep’s Savings

  • Minor account – under the age of 18
  • $1.00 Initial Deposit
  • No minimum balance requirement
  • Earns interest on daily collected balance – Compounded & credited quarterly
  • Interest rate subject to change
  • Over 6 transfers per month – $1.00 per transaction**

**Transfers/Withdrawals made in person, by mail, or at an ATM are unlimited

People’s Christmas Savings

  • No Initial Deposit requirement
  • Maturity – October 31 of each year
  • Earns interest, not compounded – Credited at maturity
  • Interest rate subject to change
  • Funds direct deposited or mailed by check at maturity

Restrictions & Limitations:

  • A charge of $10.00 will be assessed on the account if closed within 90 days of opening. (Does not apply to Peep’s Savings or People’s Christmas Savings)
  • Interest begins to accrue on the business day you deposit noncash items (ie: checks)
  • If the account is closed before interest is credited, you will not receive the accrued interest.