PeoplesBank

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.bankatpeoples.com

413-538-9500

330 Whitney Avenue
Holyoke, MA 01040

PeoplesBank is headquartered in HOLYOKE and is the 16^th largest bank in the state of Massachusetts. It is also the 317^th largest bank in the nation. It was established in 1885 and as of March of 2025, it had grown to 348 employees at 19 locations. PeoplesBank's money market rates are 36% higher than the national average, and it has an A health rating.

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	90213
Year Established	1885
Employees	348
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.49%
Return on Equity - YTD	5.75%
Annual Interest Income	$51.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$4.31B$4.19B
Loans	Q1 2025vs Q1 2024	$3.39B$3.28B
Deposits	Q1 2025vs Q1 2024	$3.47B$3.43B
Equity Capital	Q1 2025vs Q1 2024	$376.7MM$346.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$17.4MM$18.3MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$5.8MM$13.3MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

PeoplesBank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%	$10	-	Business Premium Savings Account
0.10%	$10	-	Growth Savings
0.10%	$10	$50k	Simple Home Savings
0.05%	$1	-	Student Savings Account
0.05%	$10	-	Primary Savings

PeoplesBank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.60%^*	$250k^*	-	Elite Tiered Money Market
OTHER TIERS: 0.05% → $10 - $25k \| 0.10% → $25k - $100k \| 0.30% → $100k - $250k

PeoplesBank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$10	-	Interest Checking

PeoplesBank CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$1k	-	10 Month Special CD
3.75%	$1k	-	20 Month CD Special
3.25%	$1k	-	30 Month CD Special
0.40%	$1k	-	60 Month CD
0.30%	$1k	-	48 Month CD
0.25%	$1k	-	36 Month CD
0.20%	$1k	-	24 Month CD
0.15%	$1k	-	18 Month CD
0.10%	$1k	-	12 Month CD
0.05%	$1k	-	3 Month CD
0.05%	$1k	-	6 Month CD
0.05%	$1k	-	9 Month CD

PeoplesBank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$1k	-	10 Month IRA Special
3.75%	$1k	-	20 Month IRA Special
3.25%	$1k	-	30 Month IRA Special
0.40%	$1k	-	60 Month IRA
0.30%	$1k	-	48 Month IRA
0.25%	$1k	-	36 Month IRA
0.20%	$1k	-	24 Month IRA
0.15%	$1k	-	18 Month IRA
0.10%	$1k	-	12 Month IRA
0.05%	$1k	-	3 Month IRA
0.05%	$1k	-	6 Month IRA
0.05%	$1k	-	9 Month IRA

Locations

Availability

Springfield Area

Springfield Area bank & credit union details

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