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Personal Savings
Personal Savings

Open a Savings Account Online

Open a savings account online today!

Once you have a Plus Checking account with People's United Bank, it's easy to open a Plus Savings or Plus Money Market account.   Both the Plus Savings and Plus Money Market are linked to the Plus Checking account--which makes it easy to transfer between accounts online, over the phone, at the ATM, or even in the branch.  And, the Plus Money Market pays a tiered rate of interest based on the balance in the account.  So, as your balances grow, you earn a higher rate of interest!

Earn a Competitive Rate of Interest

Annual Percentage Yield (APY)* Effective as of

Plus Savings Balance APY
   Balances over $0  .05% APY




Plus Money Market APY Based on Account Balance APY
  $0 - $2,499.99 .05% APY
  $2,500 - $9,999.99 .05% APY
  $10,000 - $24,999.99 .15% APY
  $25,000 - $49,999.99 .20% APY
  $50,000 - 74,999.99 .25% APY
  $75,000 - $99,999.99 .35% APY
  $100,000+ .35% APY

 

 

Advantage Savings Balance APY
   Balances over $0  .05% APY

Only available to customers with a linked Advantage Checking Account

 

 Customers residing in the following states are eligible to open accounts:  Connecticut, New York, Massachusetts, Vermont, Maine, and New Hampshire.

The Savings and Money Market accounts offered are variable rate accounts and the Interest Rate and Annual Percentage Yield (APY) may change at any time at our discretion.  The Plus Savings and Plus Money Market interest rates and terms offered are for existing customers who have, or open a Plus Checking, Student Plus Checking or Interest Plus Checking with People's United Bank.  The Advantage Savings interest rates and terms offered are for existing customers who have, or open an Advantage or Advantage Plus Checking with People's United Bank.  A minimum deposit of $50 is required to open the Plus Savings or Advantage Savings account.  A minimum deposit of $2,500 is required to open the Plus Money Market account.  Different interest rates and account terms may apply to a savings or money market account held by a customer without a linked, personal checking account.  Please call 1-800-772-1090 for details.  We reserve the right to change the offering rate and terms, or close any savings or money market account opened if there is not a linked, personal checking account.

 

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