• Now Hiring

    Join Our Lending Team!

    Peoples Savings Bank is seeking an individual to join our lending team in Elma, Iowa. Lending opportunities include: Consumer, Residential Real Estate, and Agriculture. The ideal candidate will have ties to the area, good communication skills and a strong desire to grow professionally and personally. Bank experience is a plus but not required. Please send cover letter and resume to: Dough Uthe, Peoples Savings Bank P.O. Box 357 Elma, Iowa 50628 or email duthe@psbiowa.com. Equal opportunity employer.

  • Try Phone Banking Today!

    Check your balance, transfer money and hear recent transactions via phone banking. Simply start by calling 641-393-2750.

  • Saving, Retirement.

    IRA News Update

    The IRS has extended the April 15th, 2021 deadline for filing and paying 2020 federal individual income taxes and making IRA contributions for the 2020 tax year to May 17th, 2021.
    The maximum IRA contribution limits for the tax years 2020 and 2021 are as follows:
    For those under the age of 50 it is $6,000.00.
    For those age 50 and older (by the end of a tax year) may contribute an additional $1,000.00 for a total contribution of $7,000.00. This is known as a "catch up contribution."
    You can only contribute earned income to your IRA. You must have enough earned income to cover the contribution you make to your IRA up to the allowable maximum.
    Income guidelines apply to Roth IRA eligibility.
    Please consult your tax professional with questions regarding your personal situation.
    We will be happy to open an IRA or help you with your IRA contributions.
    Member FDIC

  • Visa Debit Cards

    Stimulus Payment: Visa Debit Cards

    Don't throw away those Visa debit cards. They have your stimulus cash payment on them. They will arrive in the mail addressed to you.

    Some are or have received a direct deposit, some a check and some a Visa Debit card for their government stimulus payment.

    You will need to activate the Visa debit card to be able to use it. Follow the instructions included with the card. You may also bring the card to Peoples Savings Bank and the funds may be transferred to an account you have with us if you would like. Feel free to contact us with any questions you may have.

  • Home Loans: Interest rates are the lowest we have seen in years! Makes it a great time to buy, renovate, or refinance!

    Home Loans

    One of the benefits when we merged with Security State Bank, we gained more financing options for homes and acreages including 15, 20 and 30 year amortizations! Give us a call or click here to learn more.


    You can deposit a check using your smart phone or tablet camera and our Mobile Banking App. Mobile Deposit allows you to deposit checks wherever you are 24/7. Plus it saves you a trip to the bank.

  • IRA

    If you are looking to save money and earn interest we offer several different products to suit a variety of needs.