PeoplesBank

Overview / Commentary

www.bankatpeoples.com

413-538-9500

330 Whitney Avenue
Holyoke, MA 01040

PeoplesBank is headquartered in Holyoke and is the 17^th largest bank in the state of Massachusetts. It is also the 329^th largest bank in the nation. It was established in 1885 and as of March of 2019, it had grown to 295 employees at 24 locations. PeoplesBank's money market rates are 3X the national average, and it has an A health rating.

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Health

Data as of Q1 2019

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Health Grade Components

Overall
FDIC Certificate #	90213
Year Established	1885
Employees	295
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.8%
Return on Equity - YTD	8.46%
Annual Interest Income	$27.4MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$2.86B$2.41B
Loans	Q1 2019vs Q1 2018	$2.19B$1.80B
Deposits	Q1 2019vs Q1 2018	$2.13B$1.74B
Equity Capital	Q1 2019vs Q1 2018	$276.2MM$214.9MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$13.9MM$14.1MM
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$9.0MM$2.0MM
Real Estate Owned	Q1 2019vs Q1 2018	$0$0

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
0.50%	$10	-	Business Premium Savings Account
0.35%	$10	-	Growth Savings
0.15%	$10	-	Primary Savings
0.10%	$1	-	Student Savings Account
0.10%	$10	-	Holiday Club Savings Account
0.10%	$10	-	Vacation Club Savings Account

PeoplesBank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.30%^*	$250k^*	-	Elite Tiered Money Market
OTHER TIERS: 0.25% → $10 - $25k \| 0.75% → $25k - $100k \| 1.00% → $100k - $250k

PeoplesBank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	Interest Checking

PeoplesBank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$1k	-	60 Month CD
1.75%	$1k	-	Business 60 Month CD
1.25%	$1k	-	48 Month CD
1.25%	$1k	-	Business 48 Month CD
1.05%	$1k	-	36 Month CD
1.05%	$1k	-	Business 36 Month CD
0.80%	$1k	-	24 Month CD
0.80%	$1k	-	Business 24 Month CD
0.70%	$1k	-	18 Month CD
0.70%	$1k	-	Business 18 Month CD
0.35%	$1k	-	12 Month CD
0.35%	$1k	-	Business 12 Month CD
0.15%	$1k	-	9 Month CD
0.15%	$1k	-	Business 9 Month CD
0.10%	$1k	-	6 Month CD
0.10%	$1k	-	Business 6 Month CD
0.05%	$1k	-	3 Month CD
0.05%	$1k	-	Business 3 Month CD

PeoplesBank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.75%	$1k	-	60 Month IRA
1.25%	$1k	-	48 Month IRA
1.05%	$1k	-	36 Month IRA
0.80%	$1k	-	24 Month IRA
0.70%	$1k	-	18 Month IRA
0.35%	$1k	-	12 Month IRA
0.15%	$1k	-	9 Month IRA
0.10%	$1k	-	6 Month IRA
0.05%	$1k	-	3 Month IRA

Locations

Availability

Springfield Area

Springfield Area bank & credit union details

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