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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 01/28/2020 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 01/28/2020 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 01/28//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 01/28/2020 7:58 AM

TierAverage Available BalanceInterest RateAnnual Percentage Yield
Tier 1$5,0000.500.50
Tier 2$20,0001.001.00
Tier 3$50,0001.251.25

*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 01/28/2020 7:58 AM

Available BalanceInterest RateAnnual Percentage Yield
$0 - $49,999.990.500.50
$50,000 - $99,999.991.251.26
$100,000 - $249,999.991.351.36
$250,000 - $499,999.991.651.67
$500,000 - $999,999.991.751.77
$1,000,000 +1.851.87

*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 01/28/2020 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$1,0001.541.541.55
18 Months$1,0001.541.541.55
24 Months$1,0001.591.591.60
30 Months$1,0001.591.591.60
36 Months$1,0001.641.641.65
48 Months$1,0001.691.691.70
60 Months$1,0001.781.791.80
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$10,0001.781.791.80
18 Months$10,0001.781.791.80
24 Months$10,0001.831.841.85
30 Months$10,0001.831.841.85
36 Months$10,0001.881.891.90
48 Months$10,0001.931.941.95
60 Months$10,0002.032.042.05
36 Month ONE TIME BUMP-UP RATE1.781.791.80
60 Month ONE TIME BUMP-UP RATE1.931.941.95

* Variable Savings (savings account)
last updated on 01/28/2020 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 01/28/2020 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 01/28/2020 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  01/28/2020 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 Rate1.25
Annual Percentage Yield1.25

*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 01/28/2020 7:58 AM

$0 - $49,999.99
Interest Rate0.50
Annual Percentage Yield0.50
$50,000 - $99,999.99
Interest Rate1.25
Annual Percentage Yield1.26
$100,000 - $249,999.99
Interest Rate1.35
Annual Percentage Yield1.36
$250,000 - $499,999.99
Interest Rate1.65
Annual Percentage Yield1.67
$500,000 - $999,999.99
Interest Rate1.75
Annual Percentage Yield1.77
$1,000,000 +
Interest Rate1.85
Annual Percentage Yield1.87

*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 01/28/2020 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 Rate1.54
Semi-Annual Interest Rate1.54
Annual Percentage Yield1.55
18 Months
Minimum Balance$1,000
Quaterly Interest Rate1.54
Semi-Annual Interest Rate1.54
Annual Percentage Yield1.55
24 Months
Minimum Balance$1,000
Quaterly Interest Rate1.59
Semi-Annual Interest Rate1.59
Annual Percentage Yield1.60
30 Months
Minimum Balance$1,000
Quaterly Interest Rate1.59
Semi-Annual Interest Rate1.59
Annual Percentage Yield1.60
36 Months
Minimum Balance$1,000
Quaterly Interest Rate1.64
Semi-Annual Interest Rate1.64
Annual Percentage Yield1.65
48 Months
Minimum Balance$1,000
Quaterly Interest Rate1.69
Semi-Annual Interest Rate1.69
Annual Percentage Yield1.70
60 Months
Minimum Balance$1,000
Quaterly Interest Rate1.78
Semi-Annual Interest Rate1.79
Annual Percentage Yield1.80
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 Rate1.78
Semi-Annual Interest Rate1.79
Annual Percentage Yield1.80
18 Months
Minimum Balance$10,000
Quaterly Interest Rate1.78
Semi-Annual Interest Rate1.79
Annual Percentage Yield1.80
24 Months
Minimum Balance$10,000
Quaterly Interest Rate1.83
Semi-Annual Interest Rate1.84
Annual Percentage Yield1.85
30 Months
Minimum Balance$10,000
Quaterly Interest Rate1.83
Semi-Annual Interest Rate1.84
Annual Percentage Yield1.85
36 Months
Minimum Balance$10,000
Quaterly Interest Rate1.88
Semi-Annual Interest Rate1.89
Annual Percentage Yield1.90
48 Months
Minimum Balance$10,000
Quaterly Interest Rate1.93
Semi-Annual Interest Rate1.94
Annual Percentage Yield1.95
60 Months
Minimum Balance$10,000
Quaterly Interest Rate2.03
Semi-Annual Interest Rate2.04
Annual Percentage Yield2.05
36 Month ONE TIME BUMP-UP RATE
Quaterly Interest Rate1.78
Semi-Annual Interest Rate1.79
Annual Percentage Yield1.80
60 Month ONE TIME BUMP-UP RATE
Quaterly Interest Rate1.93
Semi-Annual Interest Rate1.94
Annual Percentage Yield1.95

PENALTY FOR EARLY WITHDRAWL.