Welcome to Peoples Bank, your trusted financial partner serving the Northwest Iowa, Southwest Minnesota, and Southeast South Dakota regions. Our Preferred Interest Checking account is designed specifically for individuals who value higher interest rates and personalized banking services.
With Preferred Interest Checking, you can enjoy a range of benefits that are tailored to meet your financial needs:
- Earn Higher Interest: We understand that you want your hard-earned money to work for you. With our Preferred Interest Checking account, you can take advantage of a higher competitive interest rate that rewards you for maintaining a minimum daily balance of $1,500 or more.
- Flexibility and Convenience: At Peoples Bank, we believe in making banking easy and convenient for you. With Preferred Interest Checking, you'll receive a FREE supply of personalized checks, allowing you to make payments and manage your finances effortlessly.
- Competitive Interest Rate: Life is unpredictable, and we understand that your account balance may fluctuate from time to time. Even if your balance falls below $1,500, you can still earn a competitive interest rate. We ensure that your money keeps growing, regardless of temporary fluctuations.
- Transparent Fee Structure: Our aim is to provide you with financial solutions that are fair and transparent. With Preferred Interest Checking, you'll only incur a $10 (plus tax) monthly service charge if your minimum daily balance falls below $1,500. We believe in rewarding you for your commitment to saving and responsible money management.
- FREE Peoples Bank Mastercard® Debit Card: We print your debit card right at the bank!
- FREE Online Banking: Manage your accounts, track transactions, and pay bills conveniently through our secure online banking platform.
- FREE Mobile Banking with Mobile Deposit: Access your accounts and deposit checks on the go with our user-friendly mobile banking app.
- FREE Bill Pay: Pay your bills easily through Peoples Bank Online & Mobile Banking.
- FREE E-Statements with Online Check Images: Access your statements online.
- FREE Thank You Gift for opening a new personal checking account.
- BUY BACK of your debit cards and unused checks from another financial institution.
At Peoples Bank, we prioritize your financial well-being and strive to exceed customers' expectations. When you choose our Preferred Interest Checking account, you gain access to a comprehensive range of banking products and services, including 24/7 online and mobile banking, robust security measures, and a team of dedicated professionals ready to assist you.
Open a Preferred Interest Checking account with Peoples Bank today and experience the benefits of high-interest checking. Let us help you achieve your financial goals while providing personalized banking solutions that cater to your unique needs. Contact us or visit any of our bank locations to learn more about this exciting opportunity.
Start maximizing your earnings today with Peoples Bank's Preferred Interest Checking!
Minimum opening deposit is only $25. Ask us for details. Bank rules and regulations apply. Other fees such as overdraft paid and overdraft returned fees, etc. may apply. See fee schedule for details. Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening. We reserve the right to substitute a gift of similar value. Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented. Dormant Accounts – Accounts with daily ledger balances below $1,000 will be charged $2.50 per month if dormant for one year or more. Rate Information – This is an interest-bearing account. The interest rate and annual percentage yield (APY) will depend on daily balance. The interest rate and APY may change. Interest will begin to accrue the business day we receive credit for the deposit of non-cash items (i.e. check). Rate Information – This is an interest-bearing account. The interest rate and annual percentage yield (APY) will depend on daily balance. The interest rate and APY may change. Interest will begin to accrue the business day we receive credit for the deposit of non-cash items (i.e. check). Fees may apply for debit card design upgrade. You may be charged an ATM service fee from an institution outside of the Peoples Bank or Privileged Status Networks.
