Peoples Savings Bank

PEOPLES SAVINGS BANK

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YOUR PATHWAY TO THE FUTURE

Elma, IA • (641) 393-2301

A Division of Security State Bank Sutherland, Iowa

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Deposit Rates

* Variable Savings (savings account)
last updated on 06/30/2020 7:58 AM

TierInterest RateAnnual Percentage Yield
Tier 10.050.05
Tier 20.100.10
Tier 30.150.15
Tier 40.300.30

* Super Now (interest bearing checking account)
last updated on 06/30/2020 7:58 AM

Tier> Average Available BalanceInterest RateAnnual Percentage Yield
Tier 1$1,5000.050.05
Tier 2$10,0000.100.10
Tier 3$20,0000.150.15
Tier 4$50,0000.250.25

* Business with Interest (interest bearing checking account)
last updated on 06/30/2020 7:58 AM

TierAverage Available BalanceInterest RateAnnual Percentage Yield
Tier 1$1,5000.050.05
Tier 2$10,0000.100.10
Tier 3$20,0000.150.15
Tier 4$50,0000.250.25

* Freedom Account (interest bearing checking account)
You may have 5 debits from this account per statement cycle. There is a $5 debit item fee for each debit over all the allowed 5. There is a $5 base charge fee if balance is less than $5000.
last updated on 06/30/2020 7:58 AM

TierAverage Available BalanceInterest RateAnnual Percentage Yield
Tier 1$5,0000.150.15
Tier 2$20,0000.350.35
Tier 3$50,0000.650.65

*Premium Freedom Account (Earn a higher interest rate while having the flexibility to withdraw!)
$50,000 is minimum balance to open account. You may have 2 debits from this account per statement cycle. There is a $20 debit item fee for each debit over all the allowed 2. If your daily balance is less than $50,000 on any day, a $20 service charge will be imposed during that statement cycle.
last updated on 06/30/2020 7:58 AM

Available BalanceInterest RateAnnual Percentage Yield
$0 - $49,999.990.150.15
$50,000 - $99,999.990.650.65
$100,000 - $249,999.990.740.75
$250,000 - $499,999.990.890.90
$500,000 - $999,999.990.991.00
$1,000,000 +1.091.10

*Accounts may have a rate change after the account is opened. Fees could reduce earnings. Interest is compounded monthly.

** Time Certificates of Deposit (TCD)
last updated on 06/30/2020 7:58 AM

TermMinimum BalanceQuarterly Interest RateSemi-Annual Interest RateAnnual Percentage Yield
6 Months$1,0000.490.490.50
9 Months$1,0000.590.590.60
12 Months$1,0000.640.640.65
18 Months$1,0000.690.690.70
24 Months$1,0000.740.740.75
30 Months$1,0000.790.790.80
36 Months$1,0000.990.991.00
48 Months$1,0001.041.141.15
60 Months$1,0001.141.141.15
TermMinimum BalanceQuarterly Interest RateSemi-Annual Interest RateAnnual Percentage Yield
6 Months$10,0000.590.590.60
9 Months$10,0000.740.740.75
12 Months$10,0000.890.890.90
18 Months$10,0000.940.940.95
24 Months$10,0000.990.991.00
30 Months$10,0001.141.141.15
36 Months$10,0001.241.241.25
48 Months$10,0001.291.291.30
60 Months$10,0001.391.391.40
36 Month ONE TIME BUMP-UP RATE1.141.141.15
60 Month ONE TIME BUMP-UP RATE1.291.291.30

* Variable Savings (savings account)
last updated on 06/30/2020 7:58 AM

Tier 1
Interest Rate0.05
Annual Percentage Yield0.05
Tier 2
Interest Rate0.10
Annual Percentage Yield0.10
Tier 3
Interest Rate0.15
Annual Percentage Yield0.15
Tier 4
Interest Rate0.30
Annual Percentage Yield0.30

* Super Now (interest bearing checking account)
last updated on 06/30/2020 7:58 AM

Tier 1
Average Available Balance$1,500
Interest Rate0.05
Annual Percentage Yield0.05
Tier 2
Average Available Balance$10,000
Interest Rate0.10
Annual Percentage Yield0.10
Tier 3
Average Available Balance$20,000
Interest Rate0.15
Annual Percentage Yield0.15
Tier 4
Average Available Balance$50,000
Interest Rate0.25
Annual Percentage Yield0.25

* Business with Interest (interest bearing checking account)
last updated on 06/30/2020 7:58 AM

Tier 1
Average Available Balance$1,500
Interest Rate0.05
Annual Percentage Yield0.05
Tier 2
Average Available Balance$10,000
Interest Rate0.10
Annual Percentage Yield0.10
Tier 3
Average Available Balance$20,000
Interest Rate0.15
Annual Percentage Yield0.15
Tier 4
Average Available Balance$50,000
Interest Rate0.25
Annual Percentage Yield0.25

* Freedom Account (interest bearing checking account)
You may have 5 debits from this account per statement cycle. There is a $5 debit item fee for each debit over all the allowed 5. There is a $5 base charge fee if balance is less than $5000.
last updated on  06/30/2020 7:58 AM

Tier 1
Available Balance$5,000
Interest Rate0.15
Annual Percentage Yield0.15
Tier 2
Average Available Balance$20,000
Interest Rate0.35
Annual Percentage Yield0.35
Tier 3
Average Available Balance$50,000
Interest Rate0.65
Annual Percentage Yield0.65

*Premium Freedom Account (Earn a higher interest rate while having the flexibility to withdraw!)
$50,000 is minimum balance to open account. You may have 2 debits from this account per statement cycle. There is a $20 debit item fee for each debit over all the allowed 2. If your daily balance is less than $50,000 on any day, a $20 service charge will be imposed during that statement cycle.
last updated on 06/30/20 7:58 AM

$0 - $49,999.99
Interest Rate0.15
Annual Percentage Yield0.15
$50,000 - $99,999.99
Interest Rate0.65
Annual Percentage Yield0.65
$100,000 - $249,999.99
Interest Rate0.74
Annual Percentage Yield0.75
$250,000 - $499,999.99
Interest Rate0.89
Annual Percentage Yield0.90
$500,000 - $999,999.99
Interest Rate0.99
Annual Percentage Yield1.00
$1,000,000 +
Interest Rate1.09
Annual Percentage Yield1.10

*Accounts may have a rate change after the account is opened. Fees could reduce earnings. Interest is compounded monthly.

** Time Certificates of Deposit (TCD)
last updated on 06/30/2020 7:58 AM

6 Months
Minimum Balance$1,000
Quaterly Interest Rate0.49
Semi-Annual Interest Rate0.49
Annual Percentage Yield0.50
9 Months
Minimum Balance$1,000
Quaterly Interest Rate0.59
Semi-Annual Interest Rate0.59
Annual Percentage Yield0.60
12 Months
Minimum Balance$1,000
Quaterly Interest Rate0.64
Semi-Annual Interest Rate0.64
Annual Percentage Yield0.65
18 Months
Minimum Balance$1,000
Quaterly Interest Rate0.69
Semi-Annual Interest Rate0.69
Annual Percentage Yield0.70
24 Months
Minimum Balance$1,000
Quaterly Interest Rate0.74
Semi-Annual Interest Rate0.74
Annual Percentage Yield0.75
30 Months
Minimum Balance$1,000
Quaterly Interest Rate0.79
Semi-Annual Interest Rate0.79
Annual Percentage Yield0.80
36 Months
Minimum Balance$1,000
Quaterly Interest Rate0.99
Semi-Annual Interest Rate0.99
Annual Percentage Yield1.00
48 Months
Minimum Balance$1,000
Quaterly Interest Rate1.04
Semi-Annual Interest Rate1.04
Annual Percentage Yield1.05
60 Months
Minimum Balance$1,000
Quaterly Interest Rate1.14
Semi-Annual Interest Rate1.14
Annual Percentage Yield1.15
6 Months
Minimum Balance$10,000
Quaterly Interest Rate0.59
Semi-Annual Interest Rate0.59
Annual Percentage Yield0.60
9 Months
Minimum Balance$10,000
Quaterly Interest Rate0.74
Semi-Annual Interest Rate0.74
Annual Percentage Yield0.75
12 Months
Minimum Balance$10,000
Quaterly Interest Rate0.89
Semi-Annual Interest Rate0.89
Annual Percentage Yield0.90
18 Months
Minimum Balance$10,000
Quaterly Interest Rate0.94
Semi-Annual Interest Rate0.94
Annual Percentage Yield0.95
24 Months
Minimum Balance$10,000
Quaterly Interest Rate0.99
Semi-Annual Interest Rate0.99
Annual Percentage Yield1.00
30 Months
Minimum Balance$10,000
Quaterly Interest Rate1.14
Semi-Annual Interest Rate1.14
Annual Percentage Yield1.15
36 Months
Minimum Balance$10,000
Quaterly Interest Rate1.24
Semi-Annual Interest Rate1.24
Annual Percentage Yield1.25
48 Months
Minimum Balance$10,000
Quaterly Interest Rate1.29
Semi-Annual Interest Rate1.29
Annual Percentage Yield1.30
60 Months
Minimum Balance$10,000
Quaterly Interest Rate1.39
Semi-Annual Interest Rate1.39
Annual Percentage Yield1.40
36 Month ONE TIME BUMP-UP RATE
Quaterly Interest Rate1.14
Semi-Annual Interest Rate1.14
Annual Percentage Yield1.15
60 Month ONE TIME BUMP-UP RATE
Quaterly Interest Rate1.29
Semi-Annual Interest Rate1.29
Annual Percentage Yield1.30

PENALTY FOR EARLY WITHDRAWL.