Savings
You've got goals. We've got the account to help you reach them.
Saving has never been easier — or more rewarding. Open your PeoplesBank savings account online today and start making your money work for you.
All of our savings accounts are built around how you bank.
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 telephone banking
Savings account options
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
- 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 branchSimple Home Savings
Start your home buying 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
Not sure which account is the best fit? Compare them all.
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 $3.00 charge for using non-PeoplesBank and non-Allpoint ATMs.
2 3rd party fees for message, data and internet services may apply.
3 Simple Home Savings Account Disclosure: A minimum deposit of $10 is required to open the account. The minimum balance required to obtain the Annual Percentage Yield is $0.01. Interest is paid on balances up to $50,000; balances exceeding $50,000 do not earn interest. The Simple Home Savings account is available to residents of Massachusetts and Connecticut only. This account is intended to help customers save toward a first-time home purchase. Limit one account per person. Mortgage Closing Cost Credit Disclosure: Account holders may earn a stackable PeoplesBank mortgage closing cost credit of up to $2,000. Credits are earned as follows: $500 after 180 days of account opening; $100 on the first anniversary of account opening and each subsequent anniversary until the $2,000 maximum is reached; $100 for obtaining a PeoplesBank mortgage prequalification; and $50 for completing a First Time Homebuyer Course. Only one prequalification credit and one First Time Homebuyer Course credit are available per account. Credits may be combined but will not exceed $2,000. Credits are valid only toward eligible PeoplesBank mortgage loans and are not valid for home equity loans or home equity lines of credit. Additional terms and eligibility requirements may apply. 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.