Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
If you’ve ever walked into a bank or visited a bank’s website, you’ve probably seen the phrase “Member FDIC” or “FDIC-Insured.” But what does that actually mean? And more importantly, how does it protect your money? At Peoples Savings Bank, we believe in transparency and helping you feel confident about where your money is and […]
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At Peoples Savings Bank, we are committed to helping our customers make smart financial decisions that support both their personal and financial health. One of the best tools available to help manage healthcare expenses while saving for the future is a Health Savings Account (HSA). An HSA is a special type of savings account that […]
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As technology transforms the business of banking, it’s important to understand how these changes impact your financial security. Traditionally, consumers opened accounts directly with FDIC-insured banks, providing confidence that their money was safe. However, the rise of fintech companies has added new layers to consider. FDIC Deposit Insurance Coverage Opening a deposit account directly with […]
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Traveling soon? As you prepare for your trip, it’s crucial to safeguard your finances and avoid potential money-related issues while you’re away. Here are some essential tips to help you enjoy a safe, worry-free journey: Determine your cash and credit needs: Avoid carrying large sums of cash, which can be difficult to replace if lost […]
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Entering college or graduate school comes with financial decisions, especially regarding student loans. Understanding your options, borrowing wisely, and having a clear repayment plan are essential. Learn how to make informed choices and avoid common pitfalls with these helpful strategies. – Research Grants and Scholarships: Start with the FAFSA to explore federal aid opportunities. Determine […]
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