Savings, Money Market, CDs, and IRAs

Certificates of Deposit | IRAs | FDIC Insurance I CDARS I Deluxe Check Orders I Identity Theft

	NOW	Money Market	Savings	Youth Savings
	open account	open account	open account	open account
	move my account from another bank	move my account from another bank	move my account from another bank	move my account from another bank
Best if you want:	To earn interest on your money with the ability to write unlimited checks	To earn interest on your money with a limited number of preauthorized withdrawals per month Typically pays a higher rate than traditional savings accounts	To earn interest on your money with a limited number of withdrawals per month	To earn interest on your money with no service charge and a limited number of withdrawals per month
Service charge:	None when balance* remains above $2,000 $7.50 per month when balance* falls below $2,000	None when balance* remains above $2,500 $7.50 per month when balance* falls below $2,500	None when balance* remains above $250 $7.50 when balance* falls below $250 (Per calendar quarter)	See disclosure. None when balance* remains above $25
Minimum to open:	$1,000	$2,500	$100	$25
Online banking:	Free Click here to enroll in online banking	Free Click here to enroll in online banking	Free Click here to enroll in online banking	Free Click here to enroll in online banking
Debit card:	Free Click here for your debit card	Free with a PEB transaction account Click here for your debit card	Free with a PEB transaction account Click here for your debit card	Free with a PEB transaction account Click here for your debit card
Checks or withdrawals per statement:	Unlimited if balance* remains above $2,000 Includes 25 free debits per statement and only 25¢ thereafter if balance* falls below $2,000	Free**	3 Free withdrawals per calendar quarter and only $2 per withdrawal thereafter***	3 Free withdrawals per calendar quarter and only $2 per withdrawal thereafter***
Extras:	.25% discount on personal auto loans with auto-debit payments from your NOW account Make monthly auto-debit contributions as small as $25 to your PEB IRA	.25% discount on personal auto loans with auto-debit payments from your Money Market account Make monthly auto-debit contributions as small as $25 to your PEB IRA	.25% discount on personal auto loans with auto-debit payments from your Money Market account Make monthly auto-debit contributions as small as $25 to your PEB IRA
Details you may want to know:	*Balance refers to the average daily collected balance. 5¢ per foreign item deposited after 100 items. Interest compounded and credited to your account monthly. E-Statement Available	A balance* of $2,500 is required to earn interest. Interest compounded and credited to your account monthly Balances* over $50,000 may be paid a higher interest rate on the entire balance* at our discretion E-Statement Available	*Balance refers to the average daily collected balance. Interest will be compounded and credited to your account semi-annually E-Statement Available	Interest will be compounded and credited to your account semi-annually Available to customers age 18 and under E-Statement Available

* Average daily collected balance

** Regulations limit all Money Market Accounts to 6 preauthorized debits per month, 3 of which may be checks.

*** Regulations limit all Savings Accounts to 6 preauthorized debits per month.

Average Daily Balance, Maintenance Fee, and Interest Calculation Information

The interest rate and annual percentage yield for each interest bearing account are included on our Interest Rate Sheet. You may contact any of our branches to request our current rates.

We use the average daily collected balance method to calculate interest on all interest-bearing accounts and to determine the balance for purposes of applying maintenance and debit fees. A periodic rate is applied to the average daily collected balance in the account for the period. The average daily collected balance is calculated by adding the collected principal balance in the account for each day of the period and dividing that figure by the number of days in the period.

Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Account Fees
Overdraft Fees, per item (Imposed for overdrafts created by checks, in-person withdrawals, ATM or by other electronic means, as applicable.)	$30.00
Return Check Charge, per item (We reserve the right to post debit items in any order on the day they are presented for payment.)	30.00
Stop Payment Fee, per request	30.00
Hold Fee, per month	30.00
Reconcilement/Research, per hour	25.00 ($25.00 minimum)
Continuous Overdraft fee (Ths is a per day administrative charge for each day overdrawn after 7 calendar days.)	8.00 per day
Research Item Copy, per copy	1.00
Additional Statement/Activity Printout	2.00
Printed Checks	Varies by style
Image Copy, per item	0.25 ($2.00 minimum)
Temporary Checks, per 10 checks	5.00
Returned Deposit Item, per item	5.00
Collection Items, per item	25.00
Auto Bill Payment, per bill	2.50
Garnishments, Tax Levies and Other Legal Processes	30.00
Inactive Account, per month (An account is inactive when it has no deposits or withdrawals for 12 months. An account is not inactive if it has interest credited or a service charge debited.)	7.50
Money Card (Debit Card) Transaction Charge There is NO charge when your PEB debit card is used at a Peoples Exchange Bank ATM. There is NO charge when your PEB debit card is used for a point of sale or merchant purchase. If your PEB debit card is used at another ATM, the ATM access fee charged by PEB is: $2.50 per cash withdrawal $1.00 per transfer between accounts linked to your card When you use an ATM not owned by PEB, you may be charged a fee by the ATM operator or network for a withdrawal, a funds transfer or a balance inquiry. Charges will be deducted from your account and are not waived due to the balance in your account. Debit Card Charges The first two cards per account are free. Additional cards are $5.00 per card. The replacement of a lost, stolen or damaged card is $10.00 per card. The replacement of a PIN is $10.00 per card. The charge is $10.00 to report a lost or stolen card.

Time Certificates of Deposit

Peoples Exchange Bank offers time certificates from seven days to 30 months at competitive rates. Please contact a customer service representative at any of our locations to learn about our current rates.

Belleville	Clyde	Concordia
785.527.2213	785.446.3331	785.243.2000

Individual Retirement Accounts

Are you interested in saving for retirement? Or do you have an existing retirement plan that you would like to transfer? Have you recently left a job where you had a 401(k) and need to move that plan? We can help.

We offer a full range of IRA products with your contributions being safely invested in Peoples Exchange Bank Certificates of Deposit.

Traditional IRA

A deductible or non-deductible retirement account for the benefit of one person. The account earns tax-deferred income. The annual contribution limits are 100% of earned income or $5,000 /person under age 50 and $6,000/person age 50 or better. Contributions may be deductible if not covered by a qualified plan at work or if covered by a qualified plan but below income phaseout levels.

Roth IRA

A Roth is a nondeductible Retirement Account for an individual that earns tax-free income if left in for at least 5 years and meets qualified distribution reasons. The annual contribution limits are 100% of earned income or $5,000/per person under 50 and $6,000 per person age 50 or better less any contributions made to a Regular IRA. Contribution is phased out if MAGI (modified adjusted gross income) is over threshold of $110,000 for single taxpayers (MAGI less than $95,000 allows full contribution) and $160,000 for married taxpayers (MAGI less than $150,000 allows full contribution). Contributions to a Roth IRA are never deductible.

CESA IRA

A CESA (Coverdell Education Savings Account) IRA is a nondeductible contribution made to an IRA for educational purposes for elementary, secondary and post-secondary education and earns tax-free income. The annual contribution limit is $2000/child per year. This contribution does not affect the Traditional or Roth contribution. Contribution is phased out if AGI is over threshold of $110,000 for single taxpayers and $220,000 for married taxpayers. (the AGI limits apply to the guardian or parent) Contributions to a CESA are never deductible.

Peoples Exchange Bank also offers SEP (Self-employed Pension) IRA’s and SIMPLE (Savings Incentive Match Plan). These types of IRA’s are somewhat more complicated and consultation with a tax planner or advisor is recommended prior to establishing either of these plans.

A few additional comments should be made. Peoples Exchange Bank encourages all customers to consult their tax advisors for any advice on the best type of IRA for their situation. We do not recommend what type of an account a customer should open nor do we offer any advice on the deductibility of any contribution made to an IRA.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money-laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means to you: when you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.