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Accounts: Peoples Money Fund
Requirements
- Minimum balance to open -$2,500
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Benefits
- Pays competitive, variable
interest rates
- Free Internet banking
- Free phone banking
- Savings statement monthly
- Interest accrues daily and compounds monthly
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6 free withdrawals per statement cycle; 3 can be any bank
withdrawal, 3 can be electronic withdrawals
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Cost
- $2.00 fee plus tax for each withdrawal in
excess of 6 per statement cycle
- If balance drops below $1,000.00
any day during the statement period there will be a fee of
$5.00 plus tax.
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