Interest Checking

Peoples State Bank’s Interest Checking is a hard-working checking account featuring competitive interest rates.

Open your account today, or contact your local branch for more information.

  • Minimum to Open Account: $1,000
  • Minimum Daily Balance: $1,000
  • Monthly Rewards Earned: None
  • Interest Earned: Yes(2); Tiered Rate Schedule
  • Monthly Service Fee(3): $7.95; To avoid service fee: Maintain $1,000 average daily balance
  • Peoples ChekCard(4): $18 Annual Fee(3)
  • ATM Usage: FREE*** unlimited ATM transactions
  • Online Banking: FREE
  • Bill Pay (3): $3.95 per month; FREE with 1 or more Bill Pay transactions per month
  • Statements: Monthly statement with images; FREE eStatement
  • Statement Cycle: End of the month(6)


***ATM transactions at Privileged Status ATMs are surcharge free.
(2) We use the average daily balance method to calculate the interest on your Interest checking account. This method applies a periodic rate to the average daily balance in the account for the period.
(3) Sales tax may apply.
(4) Peoples ChekCard available to qualified customers upon separate application.
Interest rates are subject to change at the bank’s discretion at any time. The annual percentage yield may vary due to the interest rate changes and fees. Click here for current interest rates and annual percentage yields based on designated balance tiers.
(6) Statements produced on last business day of the month.