One Account with Features for Any Business
Savings is an important skill for any business owner. At PSB Bank, our business savings account offers the right features, no matter the size and type of your business. Here's what you need to know about our business savings account:
- No minimum balance requirement
- Interest accrues, compounds, and is credited quarterly
- Funds are FDIC-insured up to established limits
Contact your local PSB Bank office to learn more about the benefits our business savings account can offer your business.
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Fees and Charges
- Overdraft Charge: $30.00/item
- Maximum overdraft charge per day: $180.00
- No Charge for overdraft items less than $5.00
- No charge if your account balance is between -$5.00 and $0.00
- Return Check Charge: $30.00/item (maximum $180.00 per day)
- Telephone Transfers: $2.00/ Transfer
- Automatic Overdraft Transfer Charge (per transfer): $5.00
- Extra Statement: $10.00/statement
- Account Reconciliation/Research: $30.00/hour (1 hour minimum)
- A dormant fee of $5.00 will be charged each month on balances below $200.00 if for one year (previous) there has been no activity or other indication in writing from you of an interest in this account.
- If your account is closed with a negative balance a $25.00 fee will be applied to the negative balance amount.
Business Savings Account Rates
Rates current as of 6/17/2026
Interest Rate | Annual Percentage Yield1 (APY) | Minimum balance required to earn interest |
|---|---|---|
0.10% | 0.10% | $0 |
1APY = Annual Percentage Yield; fees could reduce earnings on accounts.
Interest rates and annual percentage yields are current as of the effective date at the top of this rate sheet. Interest rates are subject to change.