Personal Savings

Peoples Personal Savings

  • $100 minimum deposit to open account (waived for minor accounts)
  • Competitive rate of interest paid quarterly
  • 6 withdrawals/transfers/debits allowed per quarter
  • $2 charge for each withdrawal/transfer/debit in excess of 6
  • $10 quarterly service charge if minimum balance falls beflow $100 (waived for minor accounts)

Peoples Christmas Club

  • $25 minimum deposit to open
  • Earns competitive rate of interest
  • No monthly service charge
  • Withdrawals/transfers/checks/debits prior to maturity will cause account to be closed and no interest will be paid

Certificates of Deposit

  • $500 minimum deposit to open account
  • Terms may vary from 90 days to 60 months
  • Penalties imposed for early withdrawals or closure prior to maturity

Individual Retirement Accounts

  • Fixed Rate Certificates of Deposit
  • Same as Certificates of Deposit with addition of IRS penalties for withdrawals prior to owner being 59 ½ years of age