Savings and uncertainty are two words that don't belong together. By opening a PSB CD you can add guarantee to your savings with a fixed interest rate for the life of the CD.
You also add more gusto to your payouts with better interest than regular savings — receive an even higher rate by selecting a longer term. Choose from our wide range of available terms for the one that gets you closest to meeting your exact savings goals.
- Summary
- Higher interest than regular savings accounts*
- Longer terms earn higher rates
- Interest compounds and can be credited or paid either annually, semi-annually, or quarterly
- Interest can be credited or paid monthly on certificates of $10,000 or more
- Fixed interest for the life of the CD for added guarantee
- Wide range of terms available; easily meet your exact savings goals
- Special maturities and rates on amounts of $100,000 or more may be available upon request
- Subject to penalty upon early withdrawal
- Renews automatically upon maturity:
- Maturity notice mailed prior to maturity date on CD terms greater than one month
- Subject to bank rate at time of renewal
- $250 minimum deposit to open 12-month terms or longer
- $2,500 minimum deposit to open 1-month, 3-month, or 6-month terms
*All rates are subject to change at Peoples State Bank's discretion.
