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Senior Statement Savings Account

Senior Statement Savings

Enjoy special banking features in your golden years with a Peoples Bank Senior Statement Savings account. This savings account is designed for those 55 and older looking for a simple and convenient way to manage their money. Senior Statement Savings benefits include a low minimum balance and direct Social Security deposits.

Senior Statement Savings Account Benefits

✔No minimum deposit requirement

✔Earned Interest

✔Easy access to your money

✔Overdraft protection option for your Peoples Bank checking accounts1

✔Low minimum balance requirement and monthly maintenance charge

✔Your money FDIC Insured up to $250,000

✔Direct Payroll or Social Security Deposits

✔No fee for quarterly paper statement or eStatement

What You Need to Know

• Must be 55 or older to open an account

• $2 monthly fee; waived if you keep a minimum $100 daily balance

• $10 monthly fee; waived if you make 6 or fewer debit transactions per month


• Contact your local banker for the current Annual Percentage Yield2

• Please provide your name, current residential address (P.O. boxes are only permitted for correspondence, not account opening), SSN or TIN, date of birth and a valid, government-issued ID at the time of account opening

Interested in a Savings Account?

Complete the form below and a Peoples bank associate will reach out to you!

Peoples Bank: America's Best Banks 2023, Top Workplaces 2023 USA and American Banker 2023 Best Banks to Work For Awards, America's Best Regional Banks 2024 by Newsweek

1Certain qualifications and fees may apply based on the type of protection selected.

2Rate may change after the account is opened.

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