At Peoples Independent Bank, our personal savings accounts are built to help you reach your financial goals, whether you’re saving for the future or building an emergency fund. With competitive rates and convenient access to your funds, we make it easy to grow your savings while keeping your money secure. No matter your financial plans, our savings options offer a simple and reliable way to help you stay on track.
Savings Account
- Minimum opening deposit of $100
- The current variable market rate of interest is compounded quarterly
- No monthly service charge
- Automatic transfer services to other Peoples Independent Bank accounts
- Direct deposit at no charge
Elite Savings Account
- Minimum opening deposit of $10,000.00
- The current variable market rate of interest is compounded quarterly
- Five tiered rates based on average balance:
- Tier 1 – $0.00 – $99,999.99
- Tier 2 – $100,000.00 – $249,999.99
- Tier 3 – $250,000.00 – $499,999.99
- Tier 4 – $500,000.00 – $999,999.99
- Tier 5 – $1,000,000 and greater
- No monthly service charge
- Automatic transfer services to other Peoples Independent Bank accounts
- Direct deposit at no charge
Certificate of Deposit Account
- CD accounts ranging from 90 days to five years
- Competitive fixed-rates
- Minimum opening deposit of $500
- Substantial penalty for early withdrawal
- Individual Retirement Account
- Put aside money today for your future!
- Depending on income, tax liability on funds may be deferred
- Traditional IRAs expanded to include new benefits
- Variety of IRAs available, including ROTH
- Please contact the bank for details