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