Competitive interest rates that earn higher yields compared to traditional savings accounts make Peoples Bank’s Money Market Account (MMA) a popular and convenient savings option. Unlike CDs that offer attractive interest rates but can tie up your money for months or even years, a Money Market Account gives you easy access to funds.
Yes! Just like our savings accounts and checking accounts, your funds are protected up to $250,000, making a Money Market a safe place to invest some cash.
$1,000 minimum to open
$12 monthly maintenance fee waived by maintaining a minimum daily balance of $1,000 each day of the statement cycle
Six (6) debits to the account every month; $10 excessive debit fee imposed for each additional debit* after 6
Paper statements may be provided at $3 per statement
* Debits include withdrawals, checks paid, electronic transfers or payments out of the account
Applying is easy. Visit one of our North Carolina branches or go to our contact page, fill out a short contact form and hit submit. We’ll take it from there, and contact you within one business day. For immediate questions, call us at 828-466-1765 or toll-free 877-802-1212. We look forward to serving you.
See how much your savings in a money market account grow over time.
Use the calculator
