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Personal Banking

Statement Savings Account

A great account for beginners as well as for anyone interested in hassle-free savings, our Statement Savings account can be opened with as little as $100. Interest is compounded daily and a $5 monthly service fee can be avoided just by maintaining a minimum daily balance of $100. And, you can transfer funds to and from this account using Internet Banking or Telephone Banking.


Interest Rates Effective
As Of: 05/01/2008
Deposit TierInterest RateAPY
Entire Balance1.00%1.00%
APY = Annual Percentage Yield

Features

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Notes


Requirements
  • Minimum to open: $100.
  • Minimum balance: $100.
  1. $5 service charge if balance falls below $100
  2. No setup or monthly charge. Optional Bill Pay service cannot be used with this account
  3. Upon qualification. Fees could apply at non-Peoples First ATM's.
*Interest earned with required balance. All rates set by management and are subject to change without notice. For account regulations and restrictions, please consult an account representative. Applicable maintenance/service fees may reduce earnings.

Frequently Asked Questions:

What do I need to bring with me to open an account?
Stop by your local Peoples First Community Bank office where our Customer Service representatives will be happy to assist you in opening up your Statement Savings account. You will need to bring your Florida driver's License or Florida ID and your Social Security card. You will also need to have the minimum to open amount deposit with you.

Will I be charged for this account?
The Peoples First Community Bank Statement Savings account does not have a monthly service charge if the account balance does not fall below $100. You may incur charges for using your ATM card at locations other than Peoples First Community Bank's ATM machines.

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