Peoples State Bank proudly offers an impressive selection of savings accounts tailored to complement your banking needs seamlessly. Our savings accounts are crafted to empower you on your financial journey, whether you're aiming to build an emergency fund, save for a major purchase, or plan for the future. When paired with our checking accounts, our savings options provide a comprehensive banking solution that ensures you can manage your everyday expenses while also nurturing your savings goals
Along with the great savings accounts, we proudly now offer Money Market accounts to boost your savings journey.
To boost your savings journey to purchase a home, Peoples State Bank offers the Ohio Homebuyer Plus program in conjunction with the Ohio Treasurer's Office. Head over to the Ohio Homebuyer Plus Program page to learn more!
Statement Savings
- $100 Minimum Balance to Open
- $500 Average Daily Minimum Balance to Avoid Service Charge
- $2 Monthly Service Charge* if Minimum Balance Requirement Not Met
- Earns Interest (Contact the Bank for Current Interest Rate Information)
*If account holder is under 18 must have parent on account
Starter Savings
Starter Checking account holders are eligible to open the Starter Savings account.
- $100 Minimum Balance to Open
- No Average Daily Minimum Balance Requirements
- No Monthly Fees
- Earns Interest (Contact the Bank for Current Interest Rate Information)
- One free withdraw a month, $2.00 per withdraw after
*When account holder turns 25 years of age, this account will convert to Statement Savings (See below)
Student Stash
Student Checking account holders are eligible to open the Student Stash savings account.
- $100 Minimum Balance to Open
- No Monthly Service Charges
- Earns Interest (Contact the Bank for Current Interest Rate Information)
- One free withdraw a month, $2.00 per withdraw after
*Under 18 must have parent on account
Christmas Club Savings
- $20 Minimum Balance to Open
- No Monthly Service Charge
- Earns Interest (Contact the Bank for Current Interest Rate Information)
- Christmas Clubs mature in the month of October and the account balance is paid to the owner by check.
- If withdrawn prior to disbursement then account will be closed.
- ACH direct deposits or withdrawals are not permitted on this account.