Junior Savings

Peoples State Bank’s Junior Savings Account is a great way for customers under the age of 17 to learn how to save!

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

  • Minimum to Open Account: $5
  • Minimum Daily Balance: $0
  • Interest: Interest paid(2) quarterly
  • Monthly Service Fee: None
  • Processing Fees(4): 6 FREE withdrawals per month; $1 each additional(3)
  • Online Banking: FREE
  • Bill Pay(4): N/A
  • Statements: Quarterly statement; FREE eStatement
  • Statement Cycle: End of quarter


(2) We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.  
(3) You may make no more than six (6) transfers and/or withdrawals during any one (1) calendar month or statement cycle to another of your accounts with us or to a third party by preauthorized, automatic, online or telephone transfer.  
(4) Sales tax may apply. 
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.