Money Market

 

Money Market Deposit Account

Earn interest for your business by opening a New Peoples Bank Money Market Deposit Account. Opening with and maintaining a $1000.00 balance will earn interest and avoid the $5.00 low balance fee. Up to six transfers are allowed per month at no charge*. Images of checks are returned with your statement and you can also view them through your online banking account. If you choose to receive your monthly statement on CD-ROM, images of checks as well as deposited items are provided.

Benefits

  • Earn higher interest on account
  • Accepts direct debit or direct deposit
  • Record of payments
  • Ability to stop payments on checks
  • FDIC insured
  • Business Online Banking

**There is a $15.00 fee for each transaction in excess of six. This includes internet transfers.

**(Rate available upon request)

Premium Money Market

Make the most from your investments by using New Peoples Bank’s Premium Money Market account. By using a tiered rate account, you can earn a higher rate on higher balances.

Earn Interest and avoid the $10.00 low balance fee if your average daily balance is $10,000 or more. View transaction information online through your free online banking account. Also, choose between receiving your statement through standard mail or opt to receive your statement via CD-ROM.

Benefits

  • FDIC insured
  • Earn higher interest on account
  • Record of payments
  • Accepts direct debits and direct deposits
  • 6 transfers allowed per month***
  • Ability to stop payment on checks
  • Competitive Rates
  • Business Online Banking

***There is a $15.00 fee for each transaction in excess of six. This includes internet transfers.

**(Tiered rates available upon request.)

 

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