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Public Funds Accounts

Public Funds Analysis

  • $100 minimum opening deposit
  • $.40 for each deposit ticket
  • $.10 for each item processed within the deposit
  • $.10 for each debit, electronic debit or credit
  • Earning credit may offset charges depending on balance

Public Funds Checking

  • $100 minimum deposit to open or maintain
  • No monthly maintenance fee
  • $.15 per item processed over 1,000 items

Public Funds Checking with Interest

  • $100 minimum deposit to open
  • $5,000 minimum balance to avoid $10 service charge
  • $.15 per item processed over 1,000 items
  • Competitive interest rate paid on collected balances of $5,000 or more

Public Funds Savings

  • $100 minimum opening deposit
  • $100 minimum balance to avoid $5 service charge
  • Interest is compounded quarterly
  • Limited Transactions*
  • Withdrawals in excess of 6 per cycle will be charged $2.00 each

Public Funds Relationship Money Market

  • High Yield Money Market account for business customers whose existing total relationship is $250,000 or more
  • $2,500 minimum balance to open
  • $2,500 minimum balance to avoid $10 service charge
  • Interest is paid based on following tiers
    • $0.01 - $24,999
    • $25,000 - $99,999
    • $100,000 - $249,999
    • $250,000 – above
  • Limited Transactions*
  • Withdrawals in excess of 6 per cycle will be charged $2.00 each

*Federal Regulations limit the number of withdrawals made from a savings or money market account within any monthly cycle period. Withdrawals or transfers to another bank account or to a third party by means of pre-authorized, automatic transfer, or telephone transfer are limited to six (6) per monthly cycle. This includes on-line banking account transfers. In-person and ATM withdrawals are unlimited.

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You are leaving the Peoples Bank of Alabama web site.

The web site you have selected is an external site located on another server. We are offering the link for your convenience.

Peoples Bank of Alabama has no responsibility for any external web site. We cannot warranty, express or implied, any external site.

Thank you for visiting our web site.

Click "OK" to continue or "Cancel" to go back.

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You are leaving the Peoples Bank of Alabama web site.

The web site you have selected is an external site located on another server. We are offering the link for your convenience.

Peoples Bank of Alabama has no responsibility for any external web site. We cannot warranty, express or implied, any external site.

Thank you for visiting our web site.

Click "OK" to continue or "Cancel" to go back.

OK Cancel

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You are leaving the Peoples Bank of Alabama web site.

The web site you have selected is an external site located on another server. We are offering the link for your convenience.

Peoples Bank of Alabama has no responsibility for any external web site. We cannot warranty, express or implied, any external site.

Thank you for visiting our web site.

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You are leaving the Peoples Bank of Alabama web site.

The web site you have selected is an external site located on another server. We are offering the link for your convenience.

Peoples Bank of Alabama has no responsibility for any external web site. We cannot warranty, express or implied, any external site.

Thank you for visiting our web site.

Click "OK" to continue or "Cancel" to go back.

OK Cancel

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You are leaving the Peoples Bank of Alabama web site.

The web site you have selected is an external site located on another server. We are offering the link for your convenience.

Peoples Bank of Alabama has no responsibility for any external web site. We cannot warranty, express or implied, any external site.

Thank you for visiting our web site.

Click "OK" to continue or "Cancel" to go back.

OK Cancel

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You are leaving the Peoples Bank of Alabama web site.

The web site you have selected is an external site located on another server. We are offering the link for your convenience.

Peoples Bank of Alabama has no responsibility for any external web site. We cannot warranty, express or implied, any external site.

Thank you for visiting our web site.

Click "OK" to continue or "Cancel" to go back.

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