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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 07/09/2019 7:58 AM

TierInterest RateAnnual Percentage Yield
Tier 10.100.10
Tier 20.250.25
Tier 30.300.30
Tier 40.400.40

* Super Now (interest bearing checking account)
last updated on 07/09/2019 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 07/09/2019 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 07/09/2019 7:58 AM

TierAverage Available BalanceInterest RateAnnual Percentage Yield
Tier 1$5,0000.500.50
Tier 2$20,0001.001.00
Tier 3$50,0000.1.701.70

*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 07/09/2019 7:58 AM

Available BalanceInterest RateAnnual Percentage Yield
$0 - $49,999.990.500.50
$50,000 - $99,999.991.701.71
$100,000 - $249,999.992.102.12
$250,000 - $499,999.992.402.43
$500,000 - $999,999.992.502.53
$1,000,000 +2.602.63

*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 07/09/2019 7:58 AM

TermMinimum BalanceQuarterly Interest RateSemi-Annual Interest RateAnnual Percentage Yield
6 Months$1,0001.241.251.25
9 Months$1,0001.391.391.40
12 Months$1,0001.991.992.00
18 Months$1,0001.991.992.00
24 Months$1,0002.082.092.10
30 Months$1,0002.082.092.10
36 Months$1,0002.132.142.15
48 Months$1,0002.282.292.30
60 Months$1,0002.282.292.30
TermMinimum BalanceQuarterly Interest RateSemi-Annual Interest RateAnnual Percentage Yield
6 Months$10,0001.491.491.50
9 Months$10,0001.641.641.65
12 Months$10,0002.232.242.25
18 Months$10,0002.232.242.25
24 Months$10,0002.332.342.35
30 Months$10,0002.332.342.35
36 Months$10,0002.382.392.40
48 Months$10,0002.532.532.55
60 Months$10,0002.722.732.75
36 Month ONE TIME BUMP-UP RATE2.132.142.15
60 Month ONE TIME BUMP-UP RATE2.482.482.50

* Variable Savings (savings account)
last updated on 07/09/2019 7:58 AM

Tier 1
Interest Rate0.10
Annual Percentage Yield0.10
Tier 2
Interest Rate0.25
Annual Percentage Yield0.25
Tier 3
Interest Rate0.30
Annual Percentage Yield0.30
Tier 4
Interest Rate0.40
Annual Percentage Yield0.40

* Super Now (interest bearing checking account)
last updated on 07/09/2019 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 07/09/2019 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 07/09/2019 7:58 AM

Tier 1
Available Balance$5,000
Interest Rate0.50
Annual Percentage Yield0.50
Tier 2
Average Available Balance$20,000
Interest Rate1.00
Annual Percentage Yield1.00
Tier 3
Average Available Balance$50,000
Interest Rate1.70
Annual Percentage Yield1.70

*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 07/09/2019 7:58 AM

$0 - $49,999.99
Interest Rate0.50
Annual Percentage Yield0.50
$50,000 - $99,999.99
Interest Rate1.70
Annual Percentage Yield1.71
$100,000 - $249,999.99
Interest Rate2.10
Annual Percentage Yield2.12
$250,000 - $499,999.99
Interest Rate2.40
Annual Percentage Yield2.40
$500,000 - $999,999.99
Interest Rate2.50
Annual Percentage Yield2.53
$1,000,000 +
Interest Rate2.60
Annual Percentage Yield2.63

*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 07/09//2019 7:58 AM

6 Months
Minimum Balance$1,000
Quaterly Interest Rate1.24
Semi-Annual Interest Rate1.25
Annual Percentage Yield1.25
9 Months
Minimum Balance$1,000
Quaterly Interest Rate1.39
Semi-Annual Interest Rate1.39
Annual Percentage Yield1.40
12 Months
Minimum Balance$1,000
Quaterly Interest Rate1.99
Semi-Annual Interest Rate1.99
Annual Percentage Yield2.00
18 Months
Minimum Balance$1,000
Quaterly Interest Rate1.99
Semi-Annual Interest Rate1.99
Annual Percentage Yield2.00
24 Months
Minimum Balance$1,000
Quaterly Interest Rate2.08
Semi-Annual Interest Rate2.09
Annual Percentage Yield2.10
30 Months
Minimum Balance$1,000
Quaterly Interest Rate2.08
Semi-Annual Interest Rate2.09
Annual Percentage Yield2.10
36 Months
Minimum Balance$1,000
Quaterly Interest Rate2.13
Semi-Annual Interest Rate2.14
Annual Percentage Yield2.15
48 Months
Minimum Balance$1,000
Quaterly Interest Rate2.28
Semi-Annual Interest Rate2.29
Annual Percentage Yield2.30
60 Months
Minimum Balance$1,000
Quaterly Interest Rate2.48
Semi-Annual Interest Rate2.48
Annual Percentage Yield2.50
6 Months
Minimum Balance$10,000
Quaterly Interest Rate1.49
Semi-Annual Interest Rate1.49
Annual Percentage Yield1.50
9 Months
Minimum Balance$10,000
Quaterly Interest Rate1.64
Semi-Annual Interest Rate1.64
Annual Percentage Yield1.65
12 Months
Minimum Balance$10,000
Quaterly Interest Rate2.23
Semi-Annual Interest Rate2.24
Annual Percentage Yield2.25
18 Months
Minimum Balance$10,000
Quaterly Interest Rate2.23
Semi-Annual Interest Rate2.24
Annual Percentage Yield2.25
24 Months
Minimum Balance$10,000
Quaterly Interest Rate2.33
Semi-Annual Interest Rate2.34
Annual Percentage Yield2.35
30 Months
Minimum Balance$10,000
Quaterly Interest Rate2.33
Semi-Annual Interest Rate2.34
Annual Percentage Yield2.35
36 Months
Minimum Balance$10,000
Quaterly Interest Rate2.38
Semi-Annual Interest Rate2.39
Annual Percentage Yield2.40
48 Months
Minimum Balance$10,000
Quaterly Interest Rate2.53
Semi-Annual Interest Rate2.53
Annual Percentage Yield2.55
60 Months
Minimum Balance$10,000
Quaterly Interest Rate2.72
Semi-Annual Interest Rate2.73
Annual Percentage Yield2.75
36 Month ONE TIME BUMP-UP RATE
Quaterly Interest Rate2.13
Semi-Annual Interest Rate2.14
Annual Percentage Yield2.15
60 Month ONE TIME BUMP-UP RATE
Quaterly Interest Rate2.48
Semi-Annual Interest Rate2.48
Annual Percentage Yield2.50

PENALTY FOR EARLY WITHDRAWL.