Personal Savings Accounts

Plan For Your Future Today

Financial independence equals freedom—freedom to live the life you want, to do the things you’ve always dreamed of, to raise a family and own your own home. Start planning for your future today with a personal savings account from Peoples State Bank. When you're ready to invest, we're here to help!

Savings Account Options:

Medallion Savings
A simple way to save for a major purchase or just because.

Just 4 Kids
A savings program to help teach your child the basics of banking and saving money.

Just 4 Teens
Continue or start your teen on the road to be money smart and ready for their own account.

Platinum Savings
A high balance savings account earning a higher rate of return while giving you easy access to your money.

Gold Savings
The place to put your money when you want to earn a higher rate of return but with more access than a CD.

Christmas Club
Save as much as you want for your holiday spending.

Medallion Savings

$200 minimum opening deposit required
$5/month service charge if balance falls below $200
Interest earned if balance is $200 or more
Interest compounded daily and paid quarterly
FREE Automatic transfer from checking
1 FREE withdrawal per month, additional is $2/withdrawal (includes electronic payments and automatic payment transfers)
$10.00 charge if account is closed within 6 months of opening
FREE Online Banking
FREE Telephone Banking with Peoples’ Voice

Open your Medallion Savings account online today! Or for more information please call (800) 988-8516.

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Just 4 Kids

Available to anyone 13 and under (parent or guardian must accompany to open account)

No minimum to open
FREE gift when account is opened
No early closing penalties
No minimum to earn interest
Interest compounded and paid monthly
Monthly statement
FREE Automatic transfer into account; No transfers allowed out of account
FREE Telephone Banking with Peoples’ Voice
1 FREE withdrawal per month, each additional is $10/withdrawal
Child must have a Social Security Number in order to open this account
Regular Deposit Rewards
Honor Student Rewards
Birthday recognition
Automatic enrollment to Just 4 Teens Savings upon the child's 14th birthday

Need more information about our Just 4 Kids Savings Accounts? For more information contact Peoples State Bank online or call (800) 988-8516.

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Just 4 Teens

Available to anyone 14 - 17 (parent or guardian must accompany to open account)

No minimum to open
No early closing penalties
No minimum to earn interest
Interest compounded and paid monthly
Monthly statement
FREE Automatic transfer into account; No transfers allowed out of account
FREE Telephone Banking with Peoples' Voice
1 FREE withdrawal per month, each additional is $10/withdrawal (includes electronic payments and automatic payment transfers)
Child must have a Social Security Number in order to open this account
Regular Deposit Rewards
Honor Student Rewards
Birthday recognition

Do you have questions about our Just 4 Teens Savings Accounts? For more information contact Peoples State Bank online or call (800) 988-8516.

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Platinum Savings

Minimum to open and earn interest $150,000
Interest compounded and credited monthly
1 FREE withdrawal per month, additional is $2/withdrawal (includes electronic payments and automatic payment transfers)
$10.00 charge if account is closed within 6 months of opening
FREE Online Banking
FREE Telephone Banking with Peoples' Voice
If balance falls below $150,000 then rate will drop to Medallion Savings rate
Not available to public funds or other financial institutions
Monthly statement

Sign up for Platinum Savings today! For more information contact one of our customer service representatives at (800) 988-8516.

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Gold Savings

Minimum to open and earn interest $75,000
Interest compounded and credited monthly
1 FREE withdrawal per month, additional is $2/withdrawal (includes electronic payments and automatic payment transfers)
$10.00 charge if account is closed within 6 months of opening
FREE Online Banking
FREE Telephone Banking with Peoples' Voice
If balance falls below $75,000 then rate will drop to Medallion Savings rate
Not available to public funds or other financial institutions
Monthly statement

Do you have questions about our Gold Savings Accounts? For more information contact Peoples State Bank online or call (800) 988-8516.

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Christmas Club

Minimum to open: $10
Interest earned on entire balance and credited annually
Account can be opened any time before June 30th of the calendar year
Coupon Books will be required for all account holders
FREE Online Banking (view only)
FREE Telephone Banking with Peoples’ Voice
Penalty for early withdrawal: no interest will be paid and cannot open another Christmas Club until November
Checks issued in November
Customer can ONLY deposit into this account, no withdrawals or transfers out can be made; cannot be accessed by ATM or Debit Card
These accounts are individual accounts that are opened in the name of one adult
AFTs from a PSB checking account are allowed
Unlimited depositing options