What types of accounts does Peoples United Bank offer?
Peoples United Bank offers a diverse range of accounts to meet the varying needs of its customers. For personal banking, the bank provides checking accounts that might include options such as standard checking, interest-bearing checking, and accounts tailored for students or seniors. Each account type typically features different benefits, including online banking, mobile check deposit, and overdraft protection.
In addition to checking accounts, Peoples United Bank also offers savings accounts designed to help customers save for short-term and long-term goals. These may include traditional savings accounts, high-yield savings accounts, and money market accounts that often provide higher interest rates in exchange for maintaining a larger minimum balance.
For those looking to invest for the future, retirement accounts are available. These may include Individual Retirement Accounts, or IRAs, which provide tax advantages for retirement savings.
Moreover, Peoples United Bank offers a selection of specialized accounts, such as health savings accounts for individuals with high-deductible health plans and accounts for minor children to help introduce them to the basics of banking and saving.
Business customers also have access to tailored accounts, including business checking and savings accounts that cater to the unique financial needs of entrepreneurs and organizations.
To learn more about the various account offerings and specific details, interested individuals are encouraged to visit the official Peoples United Bank website, where current information on account types, features, and benefits can be found.
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