Savings Accounts

Savings Accounts for Any Age

It doesn't matter if you're looking for an account for yourself or an account to help your child learn the value of saving, a savings account is critical to your finances. PSB Bank offers three savings account options:

PSB Savings Account to serve as your traditional savings account
Super Savers Club Account to help you save for holiday purchases all year long
Youth Savings Account to help your child learn good savings habits

Opening a savings account is easy. If you're ready to open a PSB Savings Account or Super Savers Club Account, click the button below to complete our online application. To open a Youth Savings Account or connect with a member of our personal banking team, stop into your local PSB Bank office.
Open an Account Online Connect With Us Current Rates

Online account opening is only available to residents of the following states: Missouri, Arkansas, Illinois, Kansas, & Iowa.

Young girl placing a coin into a blue PSB Bank piggy bank outdoors.

Compare Your Savings Account Options at PSB Bank

	PSB Savings Account	Super Savers Club Account	Youth Savings Account
Who This Account Is For	Ideal for individuals who want a simple savings account to set money aside for emergencies, future goals, or everyday saving—with no minimum balance requirement.	Designed for savers who want to build funds throughout the year and receive a full payout each November, making it especially useful for holiday or annual expense planning.	Created for children and teens under 18 to encourage saving habits and financial responsibility, with simple limits to help manage withdrawals.
How to Open an Account	Apply Online	Apply Online	visit a PSB Bank Office
Minimum Balance Requirement	None	None	$25 minimum balance; $25 minimum opening deposit.
Key Benefits	• Straightforward savings option with no balance minimums • Quarterly interest accrual and compounding • Flexible way to save for short‑ or long‑term goals	• Club‑style savings with annual automatic disbursement each November • Encourages disciplined, year‑round saving for planned expenses • Quarterly interest accrual and compounding	• Helps children learn to save and manage money • Limited withdrawals to reinforce saving behavior • Automatically converts to a regular PSB Savings Account at age 18
Fees & Charges	• Overdrafts $30 per item (max $180/day; no charge under $5 or if balance is between −$5 and $0) • Returned checks $30 per item (max $180/day) • Telephone transfers $2 per transfer • Automatic overdraft transfers $5 per transfer ($50 increments) • Extra statements $4 • Account research $30/hour (1‑hour minimum) • Dormant account $5/month on balances under $200 after one year of inactivity • Account closed with negative balance $25	• Extra statements $4 • Account research $30/hour (1‑hour minimum) • Account closed with negative balance $25	• $1 fee if balance falls below $25 any day in the statement period • $1 fee for exceeding allowed number of withdrawals • Overdrafts $30 per item (max $180/day; no charge under $5 or if balance is between −$5 and $0) • Insufficient funds $30 per item (max $180/day) • Extra statements $4 • Telephone transfers $2 • Automatic overdraft transfers $5 per transfer ($50 increments) • Account research $30/hour (1‑hour minimum) • Dormant account $5/month on balances under $200 after one year of inactivity • Account closed with negative balance $25

Savings Account Rates

Rates as of 6/17/2026

Account Name	Minimum deposit to open account	Minimum balance required to earn interest	Interest Rate	Annual Percentage Yield¹ (APY)
PSB Savings Account	None	None	0.05%	0.05%
Super Savers Club	None	None	0.25%	0.25%
Youth Savings	$25.00	None	0.20%	0.20%

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.