Personal Savings Accounts in Rhode Island

Every new personal savings account includes:

  • Free Instant Issue Mastercard® ATM/Debit Card
  • Free Online Banking and Free Bill Pay
  • Free Mobile Banking and Free Mobile Check Deposit with our mobile app
  • Free eStatements
  • Free ATM Transactions within networks

Here to Help

Not sure which savings account is right for you? Get started here. 

0% Complete

Question #1

Do you plan to transact on this account?

Additional Checking Account

Open Additional Checking Account

Question #2

Will you always keep more than $2,500 in your savings account?

Personal Money Market

A tiered interest rate account getting your business the most for its money. Enjoy the benefits of a high interest business savings account and low activity business checking account all in one.

  • This account combines a competitive, tiered interest rate with the convenience of check writing privileges* on maintained balances as low as $2,500
  • Interest tiers are offered at $2,500, $25,000, $50,000 and $75,000
  • A monthly service charge will be waived if you maintain a minimum balance of at least $2,500
Email our Member Service Center

Basic Savings Account

The easiest and most convenient way to start putting away your money.

  • Establish a membership at and ownership in People’s Credit Union by opening a Basic Savings Account
  • The Basic Savings Account requires $5 to open
  • You earn interest and pay no monthly service charge
Open Account

Account Options

Basic Savings

The easiest and most convenient way to start putting away your money.

  • Establish a membership at and ownership in People’s Credit Union by opening a Basic Savings Account
  • The Basic Savings Account requires $5 to open
  • You earn interest and pay no monthly service charge

Save myChange™

Save myChange ™ is a debit card round-up feature on a checking account linked to a savings account. When you use your debit card to make a purchase the transaction amount is rounded up to the nearest dollar and your “change” is transferred into your Save myChange™ savings account. Saving is easy and you also earn a market-leading rate on your savings account.

How to Open

Please contact our Member Service Center for more information or visit one of our six locations to open your account today.

Phone: 800.498.8930

Email: [email protected]

Personal Money Market

A tiered interest rate savings account getting you the most out of your money.

  • Enjoy the benefits of a high interest savings account and low activity checking account all in one
  • You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield

How to Open

Please call our Member Service Center at 800.498.8930 for more information or visit one of our six locations to open your account today.

Certificates of Deposit

We offer a variety of terms ranging from 3 months to 5 years.

  • A Certificate of Deposit allows for greater flexibility and guaranteed interest over the term of the deposit*
  • Most Certificate of Deposit accounts can be opened with as little as $500.00

How to Open

Please call our Member Service Center at 800.498.8930 for more information or visit one of our six locations to open your account today.

Individual Retirement Accounts (IRAs)

We offer two different IRAs:

  • IRA Statement Account
  • IRA Certificate of Deposit

We also offer the Roth IRA and the Education IRA which both feature tax-free withdrawals.

How to Open

Please call our Member Service Center at 800.498.8930 for more information or visit one of our six locations to open your account today.

Holiday Club

The best way to prepare throughout the year for your holiday spending needs.

  • Enjoy a stress-free holiday season with the ease of knowing you won’t break the bank
  • For as little as $1.00 you can open a Holiday Club Account and earn interest at the end of the club term^ and pay no monthly service charge
  • Your funds will be paid out in October, just in time to start your holiday shopping

How to Open

Please call our Member Service Center at 800.498.8930 for more information or visit one of our six locations to open your account today.

Still Undecided? Start Here.

0% Complete

Question #1

Do you plan to transact on this account?

Additional Checking Account

Open Additional Checking Account

Question #2

Will you always keep more than $2,500 in your savings account?

Personal Money Market

A tiered interest rate account getting your business the most for its money. Enjoy the benefits of a high interest business savings account and low activity business checking account all in one.

  • This account combines a competitive, tiered interest rate with the convenience of check writing privileges* on maintained balances as low as $2,500
  • Interest tiers are offered at $2,500, $25,000, $50,000 and $75,000
  • A monthly service charge will be waived if you maintain a minimum balance of at least $2,500
Email our Member Service Center

Basic Savings Account

The easiest and most convenient way to start putting away your money.

  • Establish a membership at and ownership in People’s Credit Union by opening a Basic Savings Account
  • The Basic Savings Account requires $5 to open
  • You earn interest and pay no monthly service charge
Open Account

Question #1

Do you plan to transact on this account?

Additional Checking Account

Open Additional Checking Account

Question #2

Will you always keep more than $2,500 in your savings account?

Personal Money Market

A tiered interest rate account getting your business the most for its money. Enjoy the benefits of a high interest business savings account and low activity business checking account all in one.

  • This account combines a competitive, tiered interest rate with the convenience of check writing privileges* on maintained balances as low as $2,500
  • Interest tiers are offered at $2,500, $25,000, $50,000 and $75,000
  • A monthly service charge will be waived if you maintain a minimum balance of at least $2,500
Email our Member Service Center

Basic Savings Account

The easiest and most convenient way to start putting away your money.

  • Establish a membership at and ownership in People’s Credit Union by opening a Basic Savings Account
  • The Basic Savings Account requires $5 to open
  • You earn interest and pay no monthly service charge
Open Account

Rates

Active as of 12.01.2022

Personal Saving Accounts

ProductMinimum to OpenMinimum Daily
Balance to Earn APY
APY*How to Open
Save myChange**$5.00$5,000.00.05%Contact Us
$0.01.50%
Basic Savings$5.00$0.01.05%Open Now
Personal Money Market***$2,500.00$75,000.00.25%Contact Us
$50,000.00.15%
$25,000.00.10%
$2,500.00.05%
Individual Retirement Statement Savings$100.00$100.00.05%Contact Us
Holiday Club Savings$1.00$0.01.05%Contact Us
Download

Certificates of Deposit

TermMinimum to OpenMinimum Daily
Balance to Earn APY
APY*
3 Months$500.00$500.00.10%
6 Months$500.00$500.001.50%
9 Months$500.00$500.00.20%
11 Months$500.00$500.003.00%
12 Months$500.00$500.001.50%
18 Months$500.00$500.00.30%
24 Months$500.00$500.00.35%
30 Months$500.00$500.00.40%
36 Months$500.00$500.00.45%
48 Months$500.00$500.00.55%
60 Months$500.00$500.00.65%
Download

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Frequently Asked Questions

What can we help you with today? 

Yes, at People’s Credit Union your deposits are insured. Federally chartered credit unions are regulated by the National Credit Union Administration and insured by the National Credit Union Share Insurance Fund (NCUSIF), which is backed by the full faith and credit of the United States government. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, NCUSIF is similar to deposit insurance coverage provided by the Federal Deposit Insurance Corporation. For more information on how your deposits are insured please visit https://www.mycreditunion.gov/share-insurance

If you are an existing member, you can open an additional deposit account through your online banking profile. Once you log in navigate to the Open an Account tab and follow the flow to complete the account opening process. Your new account can be funded with either an existing People’s Account or a linked external account.

To access your statements online for downloading or printing, you would sign into your online banking profile on a desktop or laptop to access the full site. Once logged in, you would navigate to the “Accounts” header and select “Statements & eDocuments”. Once on that page, you would select the desired account and follow the prompts to enroll in estatements or to view your statement if previously enrolled.

To remove a signer from your account you can visit us at one of our six convenient locations.

A signer can only be removed from a joint personal account in the event the signer has passed away. We must be provided with an original death certificate to proceed with this request.

If you are seeking to remove a joint owner/signer from a personal account other than in the above scenario, the account must be closed and a new account opened. This is to ensure that the removed owner/signer no longer has access to the account number, checks, or other access devices.

Business members may add or remove authorized signers as needed with proper documentation.

Testimonials

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Laura Klaus

Helpful Resources

At People’s Credit Union, we are passionate about providing resources, information, and solutions to help you get ahead.

Financial
Calculators

Our convenient financial calculators can help you make more informed decisions. 

How much do I need to save for college?

This calculator computes the amount you need to save each month in order to pay for college.

How much will I need to save for a major purchase?

This calculator computes how much money you will need to save monthly in order to reach a desired savings goal.

How much should I save each month?

Use this calculator to compute the monthly deposit amount needed to reach a savings goal.

What rate would I need to earn on my savings?

Use this calculator to compute the rate of return you would need to reach your savings goal.

What savings amount should I start with?

Use this calculator to compute how much money you would need to start with to reach a savings goal.

How much could I save over time?

Use this calculator to compute the total amount you would be able to save with monthly deposits.