Now Account

  • Minimum balance to open this account is $1,000.00
  • Rate Information: Contact Peoples State Bank for current rates
  • Rate Changes: Discretionary Rate, meaning that Peoples State Bank may change the interest rate at any time to any rate at its discretion, without prior notice to the depositor.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
  • The Monthly minimum balance fee if the daily balance drops below $1,000.00 any day of the statement cycle is $12.00
  • A fee of .20 cents each debit item is added for more than 20 debit items per statement cycle.
  • Interest begins to accrue on the business day you deposit cash or non-cash items