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Young Peoples Bank Savings

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Peoples Young Peoples Bank Savings Account

Wise money management is a key life skill. Our FDIC insured Young Peoples Bank Account gives young people an opportunity to cultivate this skill by opening and maintaining a savings account.

  • Earns Interest

  • FDIC Insured

  • Young adult can put money into the account, but only the account custodian can take money out of the account

  • Easy-to-read quarterly statements

  • No monthly fee

  • Helps young people develop healthy savings habits early

  • Encourages the use of math skills

  • Provides an opportunity to learn how to read receipts, balance statements and manage money

  • Quickly transfer money into your child's account from other Peoples Bank accounts via Peoples Online or Mobile Banking 1

Locate a Peoples Bank Office

  • Available to young people ages 0 - 17

  • No monthly maintenance fee

  • No minimum deposit requirement

  • $1.00 minimum balance requirement

  • Must be opened as a custodial account

  • A $10.00 monthly fee will be assessed if there are more than six debit transactions per monthly statement cycle (or per month when quarterly statement cycle). This fee applies to all types of withdrawals and transfers including those made in person.

Get Yours Today

Select from the options below to apply for your child�s Young Peoples Bank Savings Account.

Call 1-800-374-6123
to speak with a service representative.
Locate an office  near you to meet and discuss in person.

What You'll Need

For a faster application process, have the following information on hand:

  • Child's Social Security Number
  • Custodian's Social Security Number
  • Custodian's personal information
  • A valid form of identification including: Driver's license, State ID, Military ID or Passport

1 A total of 6 monthly ATM transactions are included. A $10 fee will be charged if the number of transactions exceeds 6 in a monthly cycle.

 

The Peoples Bancorp website links to third-party websites on the Internet. Peoples Bancorp provides links to these web sites only as a convenience. The inclusion of these links are not endorsements by Peoples Bancorp. The linked sites are not under the control of Peoples Bancorp, thus Peoples Bancorp is not responsible for the content of any linked site or any link contained within a linked site. Adobe Acrobat Reader 5.0 or above is required to access all PDF documents. Insured deposit products and services are offered through Peoples Bank,Equal Housing Lender, Member of FDIC.
Peoples Bank (w/ logo)® is a federally registered service mark of Peoples Bank.

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