Bank · FDIC insured
Peoples Bank Savings Rates
Peoples Bank’s best savings rate is 0.05% APY on $10,000, with its Peoples Savings Account. Rates checked October 16, 2026.
How Peoples Bank’s savings rates compare
Compared with banks and credit unions near Des Moines, IA, where Peoples Bank has the most branches. $10,000, best rate first.
This bank’s best
Peoples Bank
0.05%APY
- Minimum
- $1
- Earns on $10,000 a year
- $5
Peoples Savings Account
Top rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
2nd-highest rate
Iowa Trust
3.70%APY
- Minimum
- $100
- Earns on $10,000 a year
- $370
Peoples Bank savings score
61
Savings score
Higher than 3% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.05%
- $100,000 balance$100,0000.05%
- QualifiedQualified0.05%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Peoples Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Peoples Savings Account
0.05%APY
Ideal for anyone who wants to earn interest on their savings and be able to withdrawal. Additional benefits are also provided for younger customers.
| BalanceRequirement | APY | Minimum | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|---|
| Any balanceAges 18 & older: $100 minimum required to open. No monthly service charge with $100 minimum daily balance; $3.00 monthly service charge if minimum balance requirements are not met.Any balance · $100 to open | 0.05% | $100 | $5 | Ages 18 & older: $100 minimum required to open. No monthly service charge with $100 minimum daily balance; $3.00 monthly service charge if minimum balance requirements are not met. |
| Any balanceAges 17 & under: $1.00 minimum required to open; no monthly service charge.Any balance · $1 to open | 0.05% | $1 | $5 | Ages 17 & under: $1.00 minimum required to open; no monthly service charge. |
Sources (1)
- mypeoples.bank/personal/savings · captured Sep 18, 2026
Special-purpose accounts
GIANT PIGGY BANK
0.25%APY
High-interest earning kids savings account and student banking program in elementary schools, available to all children.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Tier 1 - On balances up to $5,000. Fill up sticker-book (8 total stickers) for $1.00 deposit into account. | 2.00% | — | Tier 1 - On balances up to $5,000. Fill up sticker-book (8 total stickers) for $1.00 deposit into account. |
| $5,000 and upTier 2 - On balances $5,000.00 and higher. Blended APY ranges from 2.00% - 0.25% depending on balances within each Tier. | 0.25% | $25 | Tier 2 - On balances $5,000.00 and higher. Blended APY ranges from 2.00% - 0.25% depending on balances within each Tier. |
Sources (2)
All captured Sep 18, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.