Savings accounts are great for setting aside cash for big purchases or rainy days. And when you link one to a checking account at The Peoples Bank, you can set up scheduled transfers that will help you get to your savings goals even faster. All with interest that keeps your money working 24 hours a day.

Account FeatureRegular SavingsMoney MarketMoney Market Plus
Minimum Opening Deposit$50.00$1,000.00$2,500.00
Minimum Balance to Avoid Monthly Service Charge$50.00$1,000.00$2,500.00
Monthly Service Charges$5.00$5.00$7.00
Withdrawal Limits$5.00 fee assessed for each withdrawal in excess of 6 per statement cycle$5.00 fee assessed for each withdrawal in excess of 6 per statement cycle$5.00 fee assessed for each withdrawal in excess of 6 per statement cycle
P-to-P Transfers$0.85/transfer$0.85/transfer$0.85/transfer
InterestSee current rate sheetTiered (see rate sheet)Tiered (see rate sheet)
ConditionsService charges will be waived for Senior Citizens, Custodial Accounts & Non-Profits


Our Millington branch will be closed on Friday, April 16 and reopen Monday, April 19. Any deposits put in the Night Deposit Drop will not be processed until Monday, April 19.

An update to our mobile banking app is now available in the Android PlayStore and iOS App Store by searching "Peoples Bank Mobile Banking"! You can either install the update, or uninstall and reinstall your app. Please contact 410-778-3500 with any questions.

Click here for information on PPP Loans.

Our lobbies will reopen by appointment only as of March 15. All customers who enter our bank branches must follow our COVID-19 protocol, click here to learn more. Our drive-thrus remain open normal hours.<