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IRA's

Certificate of Deposit

Interest bearing Checking

Business Checking

Money Market

Bump CD's

NOW Checking

Free Checking

Savings Accounts

Peoples Savings & Loan Company Since 1888

/Deposit
Deposit 2018-09-17T16:00:45+00:00

Checking, Savings, and other Investments

You deserve more than just a phone number or an online site to manage your savings and checking.  We want to not only give you great rates when you deposit your money here, but also want you to know that we will be here for you.

It is important to have the option to stop in and talk directly to a teller.  If you would rather email or call, we do that too.  You will never have to call a toll-free number and get lost in a phone chain to find an answer.

It is our goal to become your family’s financial center.

Here are some of our services we are happy to provide to our customers.

Passbook Savings

This saving account uses a passbook.  The passbook must be present to withdraw money.  It is also updated anytime you stop in and shows all of your withdrawals and deposits.

Statement Savings

This savings account, with activity, will generate a statement just like a checking account does each month.  This type of savings account allows you to do up to 6 online transfers each month.  There is no limit for in-person or ATM transfers.

Interest / NOW Checking

This type of checking account is good for people who want to earn interest on their checking account.  This does require a minimum balance of $200.00 to be kept in the account to avoid a $5.00 monthly service charge fee.

Free Checking

This checking account only takes $100.00 to open and must maintain a positive balance.

Business Checking

This is a special checking account tailored for small businesses.  It does require business papers and an EIN number to open.  Business Checking requires $100.00 to open and only requires a positive balance.

Bump CD’s

The main advantage of  bump certificates of deposit (CD) is that you are able to come in and move your interest rate up during the life of the CD.  How many times will vary depending on the type of the CD

Individual Retirement Accounts

We have both Roth and Traditional IRA accounts.  We do not have any annual fees or transfer fees.

Money Market

This is an investment account.  The opening balance is $2,500.00 and you are allowed to have automated withdrawals or write checks for a combined total of 6 transfers.  Unlimited deposits or withdraws if you come into the bank or use the ATM.

Certificates of Deposit

Certificates of Deposit or commonly called CD’s are a great way to earn more interest than a standard savings account.  If you don’t need immediate access to your money this is a great way to save.  There are term lengths for CDs ranging from 6 months to 36 months, all insured by the FDIC. Once the term is over, you can withdraw your initial amount plus the accrued interest, or it will be renewed at the current rate (current rate is the rate we offer at the maturity date.).

Questions about any of our deposit products? If you don’t see something here, ask one of our deposit specialists.

LET’S WORK TOGETHER