If a Checking and Savings Account Had a Baby…
A money market account allows unlimited check writing activity and earns interest like a savings account. A tiered rate structure enables you to earn more interest with large account balances.
- Daily balance: $1,000 (to avoid $7 minimum balance fee)
- eStatements or paper statements
- Free ATM/debit card
- $1 service charge per withdrawal applied after the 5th withdrawal of the calendar month
- Free wallet or duplicate basic design Peoples Preferred Money Market Checks
All rates quoted as Annual Percentage Yield (APY) and subject to change without notice.
Effective Date: July 1, 2021
Money Market Account
|Product||Min. to Open||APY*|
|$0.00 - $9,999.99||$100.00||0.010%|
|$10,000.00 - $24,999.99||$100.00||0.010%|
|$25,000.00 - $99,999.99||$100.00||0.010%|
|$100,000.00 - $999,999.99||$100.00||0.050%|
|$1,000,000.00 and above||$100.00||0.100%|