High Yield Savings Accounts

Compare Our Online Savings Accounts!

With the Peoples Bank of Alabama savings accounts, you don’t have to sacrifice convenience to get a high interest rate. See below how our online savings accounts stack up against the competition.

 

 

Statement
Savings

12 Month
Certificates of
Deposit

36 Month
Certificates of
Deposit
  % APY % APY % APY
    Peoples Bank 0.25 1.00  1.75 
    Compass Bank 0.15  0.90 1.65
    Regions Bank  0.05 0.90 1.50 
    Wachovia  0.02   0.40  0.85

 

PLEASE READ THE IMPORTANT DISCLOSURES BELOW

This account requires a $50 minimum deposit to open. This is a variable rate account and your interest rate and annual percentage yield may change daily. We use the average daily balance method to calculate the interest on your account. This method determines the average balance by adding the full amount of principal in the account for each day within the statement period and dividing that figure by the number of days in the statement period. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest for the account is compounded daily and credited to your account on your monthly statement cycle date.  Rates subject to change without notice and may vary from branch to branch.

*Competitive information obtained from www.bankrate.com January 26, 2010