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