Secure your funds with a classic savings account tailored for customers ages 55+.

Specifically designed for customers ages 55 and older, the Senior Statement Savings account earns interest, allows for direct payroll and Social Security deposits and is FDIC-insured.

Senior man enjoys dinner with his family at the dining room table.

Senior Statement Savings Account Features

Earned interest and
easy access to your money

Direct payroll and
social security deposits

Overdraft
protection option1

Low minimum balance requirement and
monthly maintenance charge

No fee for quarterly paper
statement or eStatement

Your money is FDIC insured
up to $250,000

Senior Statement Savings Account Details


Must be 55 or older to open this account.

Contact your local banker for the current Annual Percentage Yield.2

Keep a minimum $100 daily balance and avoid a $2 monthly fee.

Have 6 or fewer debit transactions per month and avoid a $10 month fee.

Enroll in eStatements to have your monthly account statement delivered directly to your online banking profile.

Learn more about Going Paperless for your account statements.

Peoples Bank accolades
1Certain qualifications and fees may apply based on the type of protection selected.
2Rate may change after the account is opened. 
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