We would like to Thank you for visiting The Peoples Bank, an employee-owned, full-service bank. With over 118 years in existence, The Peoples Bank is the home of friendly and dependable service. We offer a variety of services for business customers, whether you are starting a new business or moving an existing business. The Peoples Bank will make it a priority to create a solution to fit your banking needs.
Providing the largest Trust Department in Kansas, The Peoples Bank is dedicated to taking care of your savings and retirement needs. Our Trust Department provides a full range of services. Click here to send us an email pertaining to any of your investment needs.
*Investments other than bank deposits are not insured by the FDIC.
*Investments other than bank deposits are not deposits or obligations of the bank or its affiliates
*Investments other than bank deposits are not quaranteed by the bank or its affiliates; and are subject to investment risk, including possible loss of principal
Trusts
- Experienced trust service professionals prepared to meet your estate planning needs
- Assistance in providing financial security for you and your beneficiaries
- Proficiently develop a plan to reduce the impact of income, estate and inheritance taxes
- Identifies charitable giving strategies or other special concerns
- Timely addresses tax planning, estate planning, and account administration
- Efficiently supports your investment goals, risk tolerance, and time horizons
Agency Accounts
- Professional investment portfolio management
- Custom tailored to meet your individual investment goals and objectives
- Relief from the administrative details such as record keeping, accounting, bill paying, income collecting and safekeeping of securities
- Continual monitoring of your portfolio by our investment professionals
- Accurate record keeping and periodic statements of the account
Estates
- Professional and efficient performance of administrative and asset management duties
- Impartial distribution to heirs based on the terms of your will
- Combined convenience of inventorying, collecting and valuing assets, and determining cash flow needs
- Constant and accurate maintenance of estate records
Individual Retirement Accounts Retirement Calculator
Traditional IRA
- Encourages regular, long-term savings
- Develop a habit of saving money and relax during retirement
- Conveniently make contributions
- Easily withdraw funds for special purposes
- Make an early withdrawal without tax penalty for higher education expenses
- Invest in stocks, bonds, mutual funds and more
Roth IRA
- Build your retirement nest egg to make your golden years more affordable
- Grow your investment without tax
- Conveniently make contributions at any age
- Flexibly withdraw tax-free and penalty-free
- Invest in stocks, bonds, mutual funds and more
Educational IRA
- Give the gift of education!
- Build a nest egg for your child's or grandchild's education!
- Anyone can contribute!
- Prepare for expenses such as tuition, computer equipment, and room and board
- Change beneficiaries at any time while you maintain ownership of the account
- Invest in stocks, bonds, mutual funds and more
Keogh Account
- Tax deferred retirement plan for the self-employed
- Contributions are deductible
- No taxes until withdrawal
- More liberal contribution limits than an IRA
- Involves all the costs and complexities associated with qualified plans
SEP or Solo 401(k) Plan
- For businesses with no employees other than the owner and the owner's spouse
- Significantly higher contribution levels than Simple and SEP Plans
- Owner's contributions are not taxed until withdrawn from the plan
- More complex than Simple and SEP Plans with moderate administrative expenses
- Replacing the SEP as the plan of choice for sole owners
Simplified Employee Pension IRA (SEP)
- IRA plan for small businesses and the self-employed
- Flexibility in making annual contributions-none required in lean years
- Significant source of retirement income-higher contribution limits than Simple IRA plan
- Low administrative fees and no complex forms to complete and file
- Employer contributions are 100% tax deductible
- All eligible employees must participate
Simple IRA Retirement Calculator
- IRA based tax-deferred retirement plan for employees and employers
- Flexible and affordable retirement plan designed specifically for smaller employers
- Very low administrative costs and no complex forms to complete and file
- Significantly larger contributions allowable compared to a regular IRA
- Employer contributions are 100% tax deductible
- Individual employees may opt out of a Simple Plan
Profit Sharing/401(k) Plan
- Aids in both attracting and retaining good employees
- Flexible funding arrangements, plan design, and investment options
- Employer contributions are 100% tax deductible
- Relatively complex accounting and reporting requirements
Investors Choice Account (ICA)
- Self-direct account
- Combines easy trading, low-cost service, and safekeeping all in one account
- Convenience of one-stop shopping for accounting, record keeping, income collecting, and year end income tax information on your account
- Helpful assistance in locating specific investments
- Secure retention of your securities
- Fast and easy way to buy and sell securities
- Competitive brokerage costs
- Automatic investment deposits from your checking account each month
- Flexibility to serve an investor of any size
- Complete discretion on all investment decisions
Moving your IRA or Pension Plan to The Peoples Bank
Let us handle the necessary paperwork to have the assets of your existing account transferred to The Peoples Bank- Managing your account can be handled by yourself or by The Peoples Bank
- Speak with your investment officer face-to-face
- Provide a nest egg for your future
