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Peoples Southern Bank
Savings Accounts
Peoples Southern Bank offers
the following types of savings accounts:
Basic Savings Account
- Minimum
balance to open is $100.00 (excluding a child's account). A maintenance
fee of $2.00 (excluding a child's account) will be imposed every statement
cycle if the balance falls below $100.00 any day of the cycle. Interest
will be compounded and credited to your account every quarter .If the
account is closed before interest is credited, you will not receive
the accrued interest.
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Christmas Club Account
- Christmas Club Accounts are excellent ways to save
money for Christmas. We offer several demonstrations of accounts to
help you decide how much to save each week to achieve your desired results.
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Certificates of Deposit
- Certificates of Deposit make an excellent short-or-long
term choice for any purpose. Our CD's are designed to give you the most
competitive rates available... combined with the safety and security
you associate with this investment. Whatever your investment goals,
we have CD's to match.
Penalty for Early Withdrawal
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Individual
Retirement Accounts
- Peoples Southern Bank offers Individual
Retirement Accounts. Our IRA representatives will explain the nature
of these accounts in more detail and help you with any questions regarding
these accounts.
Penalty for Early Withdrawal
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