We will Re-Open our Saturday Drive Thru service starting May 9, 2020. Our Lobbies will reopen Monday, May 11,2020.For all locations: Shepherd, Coldspring, & Livingston. We are excited to welcome you back into our lobbies, some steps we are taking to prepare our branches to better serve you: installing personal protection shields in our teller windows, regularly disinfecting all surfaces, setting up hand sanitizing stations, and practicing social distancing guidelines. As we try to get adjusted to our new normal way of life, please remember to stay home if you are not feeling well, and to follow all of the CDC Guidelines.
Are you looking for a higher interest rate than traditional savings accounts can offer? A Certificate of Deposit (CD) is perfect for you because it allows you to lock in your deposit for a specified period of time and allows higher yields on your money, depending on the length of the term.
$1000.00 Minimum deposit
The greater the balance, the greater the interest
Automatic renewal or single maturity
Terms between 32 days and 60 months
Interest may be transferred to a PSB checking, savings, or money market account—or paid directly to you by check
Individual Retirement Accounts (IRAS)
Planning the retirement of your dreams? Then it is time to explore the many options of an IRA. Tax-deferred savings on the interest you earn will help you to prepare to make withdrawals, typically at age 59½.
$250.00 Minimum deposit
Terms between 1 year and 5 years
Unlimited deposits into your account. The minimum amount you can deposit is $100.00
Principal withdrawn before maturity will result in penalty and reduce earnings
Please contact a New Accounts Representative or branch location nearest you for our current rates and Annual Percentage Yields (APY) information. Rates and/or terms and conditions are subject to change at any time, without prior notice at Peoples State Bank’s discretion and/or as required or allowed by law. Fees, withdrawals and/or penalties could reduce the earnings on the account.