Skip to Main Content

Statement Savings Account

Statement Savings

Need a simple, traditional savings account? Peoples Bank’s Statement Savings allows you to save for your short and long-term goals and includes earned interest over time.

Statement Savings Account Benefits

✔No minimum deposit requirement

✔Earned interest

✔Online banking and mobile app, including direct payroll deposits1

✔Overdraft protection option2

✔Your money is FDIC insured up to $250,000

✔Quarterly statements

What You Need to Know

• $4 monthly fee; waived if you keep a minimum $200 daily balance

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

• $25 fee; waived if you keep your account open for at least 180 days


• Contact your local banker for the current Annual Percentage Yield3

• 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

• Enroll in eStatements to avoid a $2 paper statement fee

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

1There is no cost to download the Peoples Bank Mobile app, but standard rates and fees may apply from your wireless carrier.

2Certain qualifications and fees may apply based on the type of protection selected.

3Rate may change after the account is opened.

loading gif