Savings & Investments

From traditional passbook accounts to IRAs – we make saving easy with the best saving account values in town:

View Our Current Deposit Rates

Statement and Passbook Savings

Watch your savings grow with our FREE Passbook Savings Account. There are no minimum balance requirements and no monthly service charges.

Our Statement Savings Account lets you access your savings with a PeoplesCash MasterMoney and ATM Card. Combining your statement savings and checking account allows you to transfer money between accounts. Plus, you can avoid bounced checks with overdraft protection by having funds transferred automatically to your checking account.

Club Account

A Club Account is the easiest way to save for holiday or vacation expenses. You can arrange to have your weekly deposit transferred automatically from your Peoples checking account.

Money Market Accounts

Our Premium Money Market Account combines the high rate of a short-term CD with the flexibility of a money market account.

Certificates of Deposit (CDs)

Our Certificates of Deposit (CD) provide high, guaranteed returns for periods as short as three months and four years or more.

Individual Retirement Accounts (IRAs)

An Individual Retirement Account (IRA) from Peoples Federal Savings Bank is the perfect way to start planning for the future. Interest earned on your IRA is tax-deferred, and all or part of your annual contribution may be tax-deductible. Please check with a tax advisor about your situation.

Account holders 18 years of age or younger, or 62 years of age or over are eligible to have certain minimum balance requirements and fees/charges waived. Please contact us if you are in one of these groups.

Deposit Insurance

At Peoples Federal Savings Bank the first $250,000 per depositor is insured by the Federal Deposit Insurance Corporation (FDIC). Click here to find out more.

Convenience Services

We make managing your accounts easy with a range of convenience services. Choose the ones that are right for you:

Use your PeoplesCash MasterMoney™ and ATM Card to make purchases at restaurants, retail stores, supermarkets and gas stations – wherever Debit MasterCard is accepted. Your MasterMoney Card works just like a check – the amount of each purchase made is automatically deducted from your checking account – so you enjoy credit card convenience without the credit card interest. And, it is also your ATM card! Click here to download an application.

Peoples MasterMoney application can be viewed with Adobe Acrobat Reader.Download your FREE copy today!


Look for these symbols to avoid ATM surcharges.
Whether you’re on vacation or away on business, you can find an ATM that won’t add a surcharge to each of your transactions by visiting the SUM ATM web site or the MoneyPass web site.


With Telephone Banking, your accounts are just a phone call away – 24 hours a day, seven days a week. Whether you’re at home or on the road, Phone Banking lets you check account balances, transfer money, find out current loan rate information and more! Phone Banking is convenient and easy to use. Simply call 888-254-PFSB and follow the prompts.

Bring the bank to your desktop with Online Banking. Take care of all your banking – pay bills, transfer funds, check account balances – the choice is yours. Click here for information.

Avoid bounced checks with Overdraft Protection – a line of credit attached to your checking account that will protect you from “bounced check” fees. You can also choose to have funds transferred automatically from your Statement Savings Account.

You qualify for no-fee checking when you arrange for Direct Deposit of your paycheck, Social Security check or other recurring payment into your Peoples checking account.

For more information, please contact us if you have any questions about our products or services. You can use our information request form, or give us a call at (617) 254-0707.