A Traditional Savings Account to Help You Grow Your Money

Whether you’re creating an emergency fund, saving for a major purchase, or simply building better financial habits, a Statement Savings account from Peoples Bank makes it easy to grow your money. Enjoy secure online and mobile banking, earn interest on qualifying balances, and access the tools you need to save with confidence.

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Statement Savings Account Features

Whether you’re just starting a savings account, looking for an easy savings account to open, or searching for a trusted bank to help you reach your financial goals, Peoples Bank offers the digital tools, local support, and account features to help you succeed. With online account opening available, it’s never been easier to start saving for tomorrow.

Earn Interest as You Save

Watch your Statement Savings account grow over time by earning interest on balances of $100 or more

Online & Mobile Banking1

Check balances, review transactions, transfer funds, and monitor your savings within online and mobile banking

Overdraft Protection2

Link your savings account as an overdraft protection option for your Peoples checking account

Make Saving Automatic

Automatically transfer money into your savings account by setting up direct payroll deposits

Monitor Your Progress

Receive quarterly account statements that help you stay informed about balances and transactions

FDIC-Insured Security

Your money is FDIC insured up to $ 250,000, helping protect the money you’ve worked hard to save

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When You Open a Statement Savings Account


Annual Percentage Yield (APY)3

Contact your local banker for current Annual Percentage Yield information.

Monthly Maintenance Fee

Avoid a $4 monthly maintenance fee by maintaining a minimum daily balance of $200.

Debit Transaction Activity Fee

Avoid a $10 monthly maintenance fee by having 6 or fewer debit transactions per month.

Early Account Closure Fee

Avoid a $25 fee by keeping your account open for at least 180 days.

Paper Statement Fee

Avoid a $4 paper statement fee by enrolling in eStatements. Learn more about Going Paperless for your account statements.

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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. 

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