Personal Savings

Secure your financial future by establishing a robust savings account. Whether you're embarking on your journey with your very first savings account or enhancing an existing long-term savings plan, we offer a variety of accounts designed to help you effortlessly set aside money. Our options cater to your unique financial goals and preferences, ensuring that your savings grow in a way that aligns perfectly with your lifestyle and aspirations. Start building your financial foundation today!

Introducing PB Round Up — A Smarter Way to Save Automatically

Meet PB Round Up, our newest savings tool that helps you build your savings effortlessly—simply by using your People’s Bank debit card. It’s an easy, automated way to make saving part of your everyday routine.

How PB Round Up Works

When you enroll in PB Round Up:

Your debit card purchases are rounded up to the nearest dollar.
The spare change from each transaction is set aside throughout the day.
At the end of the day, all round up amounts are combined into one transfer and deposited into your savings account.
Only People’s Bank savings accounts are eligible (Money Market accounts do not qualify).

PB Round Up works quietly in the background—helping you grow your savings one purchase at a time.

Ready to Enroll?
Signing up is easy! To enroll in PB Round Up, contact your local People’s Bank branch, and our team will be happy to assist you in getting started.

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Savings

Your Savings account will earn interest on deposited funds. It’s a great way to put money away for something special or a rainy day. Minimum opening deposit is $100. Minimum average daily balance to avoid a $3 monthly service fee is $200. No monthly fee for account owners under 18 or 50 years and over.

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High Yield Savings

Take your savings to the next level with the People’s Bank High Yield Savings Account—a smarter way to grow your money without adding extra complication to your life. Whether you’re building a financial cushion or saving for something big, this account rewards you with a competitive rate that helps your balance grow faster.

Designed for savers who want more from their money, this account pairs seamlessly with your active People’s Bank Checking Account for simple transfers and everyday accessibility. With a minimum opening balance of just $1,000, you can start strong and watch your savings build from day one.

To keep this account focused on real growth, new money is required at opening—ensuring your high yield savings truly feels like an upgrade.

The $10 monthly service charge is waived by maintaining the $1,000 minimum average daily balance.

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First-Time Home Buyer Savings

Allows Oregon residents to save money for a first-time home ownership with benefits of deducting taxable income. A First-Time Home Buyer Savings Account can be opened anytime between January 1, 2019 through December 31, 2026. Money deposited in the account must be used to buy a single-family home within 10 years of opening the account. Minimum to open account is $100. Minimum average daily balance to avoid a $3 monthly service fee is $200*.

What can you spend your First-Time Home Buyer Savings Account on?

Loan Origination Fees
Down Payment
Closing Costs
Appraisal Costs
Realtor Fees

For more information regarding tax implications and eligible expenses, visit the Oregon Department of Revenues website.

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Money Market

Enjoy the benefit of earning interest with premium rates and still have the convenience of check writing. A tiered rate structure allows higher account balances to earn higher interest. The $10 monthly service charge is waived by maintaining the $1,000 minimum average daily balance.

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Certificates of Deposit

$500 minimum opening deposit. Select a maturity date that best fits your needs. Rates are based on term of investment. Flexible terms from 3 months to 10 years are available. Early withdrawal penalties apply.

*Not a commitment to lend. Must be used to purchase a first lien home.

† All funds withdrawn must be eligible expenses or tax penalties may apply.

Ac	Savings	High Yield Savings	First-TimeHome Buyer Savings	Money Market	Certificates of Deposit
Minimum Opening Deposit	$100 (or) $1 for Minor	$1,000	$100	$100	$500
Monthly Maintenance Service Charge	$3 or $0 for minors or account holder 50 or older (or) if you have a minimum daily balance of $200	$10 or $0 if you have a minimum daily balance of $1,000	$3 or account holder 50 or older (or) if you have a minimum daily balance of $200	$10 or $0 if you have a minimum daily balance of $1,000	N/A
Interest/Term	Compounds daily, pays monthly; no maturity date	Tiered, compounds daily, pays monthly; no maturity date	Compounds daily, pays monthly; no maturity date	Tiered, compounds daily, pays monthly; no maturity date	Simple compounding, frequency varies; flexible terms from 90 days to 10 years
Withdrawals	Unlimited withdrawals in person or at an ATM	Unlimited withdrawals in person or at an ATM	Unlimited withdrawals in person or at an ATM^a	Unlimited withdrawals in person or at an ATM	Penalty will be imposed for early withdrawal
Mobile Deposit