Savings
Saving towards a goal or a rainy day has never been so simple. Open your account online, and start saving today.
Compare Savings Accounts Savings Accounts Rates
Primary Savings
Convenient and easy savings for today or a rainy day.
- Earns interest (see rates)
- No monthly maintenance service charge
- Free ATM transactions at over 55,000 PeoplesBank or Allpoint® ATMs worldwide1
- No checking account required
Growth Savings
Want more for your money? Choose Growth Savings.
- No transaction limits
- Earns a competitive interest rate (see rates)
- Maintain $2,500 or more in average balance to waive monthly maintenance service charge
- $10 monthly maintenance service charge
- Free ATM transactions at over 55,000 PeoplesBank or Allpoint® ATMs worldwide
Elite Tiered Money Market
Highest returns for your money. Earn higher rates as you save more.
- Most competitive rates (see rates)
- No monthly maintenance service charges
- Multiple balance levels - the more you save, the more you earn
- Transaction limits apply
- Free ATM transactions at over 55,000 PeoplesBank or Allpoint® ATMs worldwide
Student Savings
Open a Student Savings account with just $1 deposit.
- Earns interest (see rates)
- No monthly maintenance service charge
- Open account with just $1.00
- No checking account required
- Free ATM transactions at over 55,000 PeoplesBank or Allpoint® ATMs worldwide
Visit any PeoplesBank office today to open a Student Savings account.
Find a branchSavings accounts above come with:
Free ATM transactions at over 55,000 PeoplesBank or Allpoint® ATMs1
Free PeoplesOnline Banking
and eStatements
Free Mobile Banking with Fingerprint Login and Mobile Check Deposit2
Free Access24 Telephone Banking
Simple Home Savings
Start your homebuying journey with a Simple Home Savings account. Watch your savings grow with interest and earn up to $2,000 off closing costs.3
- Earns interest (see rates)
- No monthly maintenance service charge
- Free PeoplesOnline Banking and Mobile Banking
- Free Credit Score Tracking4
- Partner with a PeoplesBank Mortgage Loan Officer when you're ready to start looking for a home
Visit any PeoplesBank office today to open a Simple Home Savings account.
CDs & IRAs
Long term options for higher returns.
CDs
- Choose the term that's right for you
- Promotional terms and interest rates available (see rates)
- IRA account available
Individual Retirement Account (IRA)
- Choose the account and term that are right for you
- Available as money market or certificate of deposit account
Additional Accounts & Services
Personal Checking
Features and benefits that make sense for you.
Discover which PeoplesBank checking account is right for youPeoplesOnline Banking
Manage your accounts and pay bills from the comfort of your home or office.
Sign up for PeoplesOnline today
Mobile Banking & Mobile Deposit
Enjoy all the benefits of online banking plus mobile check deposit on the go.
Legal Information & Disclosures
1 Primary Savings account customers will have a $1.50 charge for using non-network ATMs.
2 3rd party fees for message, data and internet services may apply.
3 A minimum deposit of $10 is needed to open the account, and the minimum balance needed to obtain the Annual Percentage Yield is $.01. Interest is paid on balances up to $50,000. The Simple Home Savings product is available in MA and CT only and is designed to save toward a first time home purchase and not as a transactional account. Simple Home Savings account holders can earn up to $2,000 in credit toward closing costs ($500 after 6 months of account opening, $100 at each account anniversary, $100 when pre-qualifying with PeoplesBank, $50 if a First-Time Homebuyer Course is completed). Only one closing cost credit for a prequalification and one closing cost credit for the First Time Homebuyer course. Mortgage closing cost credits are valid toward a PeoplesBank mortgage only. One account per person. Offer subject to change and may be withdrawn at any time.
4 Your credit score is provided by SavvyMoney, Inc., a 3rd party vendor. The credit score provided is intended to help you understand the factors that affect your credit score. The credit score found in the credit report may be different than the credit score you see here. Terms and conditions apply and are subject to change without notice.