Deposit Rates

DEPOSIT RATES

As of January 8, 2024

ACCOUNT	MIN. DEPOSIT TO OPEN ACCT.	MIN. BALANCE TO OBTAIN ANNUAL PERCENTAGE YIELD	INTEREST RATE	JUMBO RATE*
NOW	$1,000	$1,000	.05%	.05%
MMDA	$2,500	$2,500	.10%	.10%
SAVINGS	$25	$10	.25%	.25%

TIME DEPOSITS


18 MONTHS	$100	$10	1.00%	1.00%
IRA
ROTH
CESA


2 YEAR	$100	$10	1.50%	1.50%
IRA
ROTH
CESA


3 YEAR	$100	$10	2.00%	2.00%
IRA
ROTH
CESA


4 YEAR	$100	$10	2.50%	2.50%
IRA
ROTH
CESA


5 YEAR	$100	$10	3.00%	3.00%
IRA
ROTH
CESA


1 MONTH CD	$10,000	$10,000	.05%	.05%
3 MONTH CD	$500	$500	.10%	.15%
6 MONTH CD	$500	$500	.20%	.25%
1 YEAR CD	$500	$500	.60%	.60%
2 YEAR CD	$25,000	$25,000	4.75%	4.75%
3 YEAR CD	$500	$500	1.75%	2.00%
4 YEAR CD	$500	$500	2.25%	2.50%


CD 15 MONTH	$25,000	$25,000	5.00%	5.00%
CD 18 MONTH	$500	$500	3.50%	4.00%

* Jumbo rate requires a minimum of $100,000.00

NOW, MMDA, and Savings are variable rate accounts, the rate may change. Fees may reduce the earnings on NOW, MMDA, and Savings. A penalty may be imposed for early withdrawal on a Time Deposit. For further information on these accounts, click on NOW, MMDA, Savings or Time Deposits

Rate negotiations will be limited to 25bp or less than stated rate! However, if a long term multiple relationship customer has a legitimate competitor offer, we will match it on a case by case basis.

Peoples Bank Deposit Fee Schedule


Check Printing	Each style varies in price.
Dormant Account Fee (1 Year with no deposits or withdrawals)
DDA, NOW, 55Club, MMDA Accounts	$5.00 per month
Passbook Savings Dormant Account Fee	$2.00 per quarter
Garnishments and Levies	$25.00
Nonsufficient Funds (NSF) Items or ATM (NSF) Withdrawals	$35.00 per item Starting Aug. 16 2021
5 YEAR IRA	$100
Account Activity Printout	$3.00
Account Research	$25.00 per hour
Photo static Copy	$1.50 per copy
Account Balancing Assistance	$25.00 per hour
Stop Payments (All Items)	$20.00 per item Starting Aug. 16 2021
Photocopies (Non-Customer)	$.10 per copy