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.
- Minimum opening deposit: $100
- Minimum 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: April 26, 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% |