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
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.
* Debits include withdrawals, checks paid, electronic transfers or payments out of the account
See how much your savings in a money market account grow over time.
Use the calculator
