meta pixel
PSB Savings Account

Set funds aside for you and for all you dream of!

Account Requirements

  • No minimum balance required

Fees and Charges

The following fees and charges apply to this account:

  • 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 ($50 increments)
  • Extra Statement: $4.00/statement
  • Account Reconciliation/Research: $30.00/hour (1 hour minimum)

Additional Terms:

  • Interest Accrues quarterly, compounds quarterly, credits quarterly
    • At our discretion we may change the interest rate on your account.
  • If the account is closed prior to interest posting: Interest is forfeited.

The following additional terms apply to this account: 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.

Super Savers Club Account

Club account meets the 21st century. This club account lets you make 1 withdrawal per club year and annually disburses in full to you in November, just in time for those holiday purchases.

Account Requirements

  • No minimum balance required

Fees and Charges

The following fees and charges apply to this account:

  • Extra Statement: $4.00/statement
  • Account Reconciliation/Research: $30.00/hour (1 hour minimum)

Additional Terms

  • The entire account balance is disbursed annually in November of each fiscal year.
  • Interest Accrues quarterly; compounds quarterly; credits quarterly.  At our discretion we may change the interest rate on your account.
  • If the account is closed prior to interest posting: Interest is forfeited.
  • The Super Savers Club year is from November 1 to October 31.

If your account is closed with a negative balance a $25.00 fee will be applied to the negative balance amount.

Youth Savings Account

The savings account that encourages children to save money.

Account Requirements

  • Minimum Balance $25.00
  • Minimum deposit to open account $25.00
  • Customer may make 3 withdrawals per month from this account.

Fees and Charges

The following fees and charges apply to this account:

  • Failure to meet minimum balance any day in the statement period: $1.00
  • Exceed the number of withdrawals allowed: $1.00
  • 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
  • Insufficient Funds: $30.00/item (maximum $180.00 per day)
  • Extra Statement: $4.00/statement
  • Telephone Transfer: $2.00
  • Automatic Overdraft Charge (per transfer): $5.00 ($50.00 increments)
  • Account Reconciliation/Research: $30.00/hour (1 hour minimum)

Additional Terms

  • Interest Accrues quarterly; compounds quarterly; credits quarterly.  At our discretion we may change the interest rate on your account.
  • If the account is closed prior to interest posting: Interest is forfeited.
  • When customer turns 18 the Youth Savings Account transitions to a Regular Savings.
  • Minimum Balance to obtain the disclosed annual percentage yield: $25.00

The following additional terms apply to this account: 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.


Savings Account Rates

Rates as of July 28, 2021

Account NameInterest RateAnnual Percentage Yield (1APY)Minimum deposit to open accountMinimum balance required to earn interest
PSB Savings Account 0.05% 0.05% None None
Super Savers Club 0.25% 0.25% None None
Youth Savings 0.20% 0.20% $25.00 $25.00

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.  The minimum deposit to open account amounts is the minimum balance required to earn the disclosed Annual Percentage Yield.