Peoples Savings Bank




Elma, IA • (641) 393-2301

A Division of Security State Bank Sutherland, Iowa

Mobile Menu


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

Savings Account

  • Earn competitive interest* which is paid quarterly on a Savings Account. Make up to six withdrawals monthly without a charge. After six withdrawals a fee of $.50 for each additional withdrawal will be charged.

Crackin The Books

  • Students can earn money for their grades each quarter after they open up a Crackin The Books Savings Account. Parent or guardian must have an active checking account with Peoples Savings Bank to participate.

Christmas Club

  • Help take some of the stress out of the holiday season with a Christmas Club account! Participants can make deposits at their convenience or set up automatic transfers into this interest bearing account. Then in early November we will send you a check with the balance of the account. Christmas Club members get a special gift each year!

Certificates of Deposit

  • Take advantage of higher saving interest rates* and the safety and security of FDIC insurance with a Certificate of Deposit. Whether it’s for just a few months or up to a few years, we can find a term that you'll be comfortable with. Click here for rates.

IRA, Heath Savings, Retirement or College Savings Plan

  • Whether you choose a Traditional IRA, Roth, SEP, or Coverdell, our retirement, health, and college savings plans will help you achieve your goals without the worry of the loss of principal.

We also offer checking accounts that earn interest. Click here for details.

  • Super Now Account
  • Business with Interest
  • Freedom Account
  • Premium Freedom Account

* Interest rates are posted in the bank lobby and website. Rates may change weekly.

Click on the link below for an easy to read brochure on our saving options and related services.

Saving Options Brochure