At Peoples Independent Bank, we know how vital a solid savings plan is for helping businesses achieve their financial goals and maintain cash reserves for unexpected challenges. That’s why we offer a range of solutions designed to ensure you have access to the funds you need whenever you need them.
Visit us today and speak with one of our customer service representatives. We’re ready to discuss your unique goals and find the best strategies to help you succeed.
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