photoPersonal Savings

No matter what your financial goals are, Peoples Bank & Trust Co. has options for you. Build your wealth, save for a rainy day and take control of your future. Choose from products designed with your best interest in mind:

Frequently Asked Questions

What do I need to open up a savings account?
The bank will need your basic information, such as: Social Security number, Primary and Secondary ID and a minimum opening deposit.

What information would I need for a joint savings account?
The same information that’s needed when opening an individual account, but you’ll need it for both applicants

What is a Primary ID?
All primary documents must include all of the following characteristics to be considered an acceptable primary identification document:
• Unexpired status with issue date of more than 30 days preceding date of account opening
• Photograph clearly identifying the person presenting the identification document
• Name
• Physical Address of Residence
• Date of Birth
• Document Identification Number
Examples: Driver License, United States Passport, Active or Retired Military ID, Permanent Resident Card

What is a Secondary ID?
The following documents are examples of secondary identification documents for US Persons and Non-US Persons. At least two of the following documents must be presented to provide acceptable identification:

  • Medicare Card / Medicaid Card
  • Veterans Universal Access Identification Card
  • United States Voters Registration Card
  • Original or certified birth certificate issued by a U.S. state, jurisdiction or territory
  • U.S. Citizen Identification Card

Where can I open up the account?
Visit us at any location to open your checking account needs

Can I open up the account online?
Peoples Bank and Trust Co. is working on providing you with this option but at this time we require all accounts to be opened up at one of our locations

What is a POD?
Payable-on-Death or POD.  Names the beneficiary of your savings account proceeds at the time of your death. You can add this to any personal account. All we need is the POD Social Security number, Date of Birth and current address.  To find out more please visit with one of our account reps at one of our locations.

What is an Authorized Signer?
An authorized signer has many of the same rights to the account as the account owner. They can sign checks from the account, access the account's balance and view transactions and more. When adding an authorized signer to your account be sure to ask your banker what all you would and wouldn’t want the authorized signer to be able to do on your account.

Peoples Savings Vintage Savings Elite Savings

Ideal savings

For those
62 & Better

High Yield Interest Savings

Min. to open




Annual Percentage Yield*

.25% APY

.25% APY

.35%  APY**

Service Charge




How to avoid Service Charge

$25 avg. balance per statement cycle

$25 avg. balance per statement cycle

$500 avg. balance per statement cycle



Age 62 and better



Limits Apply

Limits Apply

Limits Apply

All Savings accounts come with:

Online and Mobile Bill Pay Mobile App Available with Remote Deposit Ability Balance Insured Up to FDIC Applicable Limits
Receive Text Message Alerts For All Account Activity Online Banking with Funds Manager  

For complete information, refer to our Truth in Savings disclosure available at any retail location.

*APY = Annual Percentage Yield is accurate as of 6/1/2024. Terms and conditions are subject to change without notification. Interest rate shown is a variable rate that may change after the account is opened. Fees could reduce earnings. No broker deposits. To open Elite Savings account, you must open account with $500 of new money. New money is money that is not already deposited in Peoples Bank & Trust co. 3rd Party internet / data / message fees may apply for text message alerts, online baking, mobile app, bill pay, funds manager. ** Federal Regulation D (Reg D) limits withdrawals or transfers from savings and money market accounts to six (6) per monthly statement cycle. If you exceed the federal limits on withdrawals, you will be notified, charged, and your account may be converted to another type of account.