What is the minimum balance requirement for a savings account?

Asked 2 years ago
The minimum balance requirement for a savings account at People's United Bank can vary depending on the specific type of savings account you are considering. Typically, savings accounts may have different requirements based on features, interest rates, and account types. Some accounts may have no minimum balance requirement, while others may necessitate a minimum balance to avoid fees or to earn certain interest rates. It is advisable for individuals to review the details of the particular savings account options available on the current People's United Bank website. There, individuals can find accurate and detailed information regarding minimum balance requirements, fees, and features associated with various savings accounts. Always check for the latest updates to ensure you have the most relevant information.
Jeff Whelpley is the editor / author responsible for this content.
Answered Jul 28, 2025

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