| Account Features |
Simply Checking |
Green Checking | CashBack Checking | CashBack Checking with Saver |
NOW |
Golden Choice Checking |
|
Traditional |
Free |
Free Checking that Pays you Cash Back | Link your Free CashBack Checking to a Free Savings account for a high-interest automatic savings solution | Earn Interest with all the benefits of a regular checking account | For individuals 55 years of age and over. Includes Free membership in Peoples Bunch Club |
|
| Minimum to Open | $100 | $100 | $100 | $100 | $1,000 | $100 |
| Minimum Daily Balance | $500 | $0 | $0 | $0 | $1,000 | $0 |
|
Monthly Rewards** |
None | High-Yield Green Rate on the first $15,000 in your account; plus Unlimited Nationwide ATM fee** refunds | 2% CashBack on first $400 of every day debit card purchases (max of $8.00 per statement cycle); plus Unlimited nationwide ATM fee** refunds | Monthly CashBack Checking rewards automatically transferred to high-interest CashBack Saver |
None | None |
| Interest Earned and Credited Monthly | None | Yes(1) Interest Tiers: $0.01-$15,000 $15,000.01 and up Earn a base interest rate of .05% if qualifications are not met |
None |
None CashBack Saver Account Interest Tiers: |
Yes Tiered Rate Schedule(2) |
Yes(2) |
| Monthly Service Fee(3) |
$3.95 |
$0 | $0 | $0 | $6.95 Maintain $1,000 average daily balance to avoid service fee |
$3.95, $4.95, $5.95 |
| Peoples ChekCard(4) | $18 Annual Fee(2) | FREE | FREE | FREE | $18 Annual Fee(2) | FREE |
| ATM Usage | FREE(4) unlimited ATM transactions. |
FREE(4) unlimited ATM transactions. |
FREE(4) unlimited ATM transactions. |
FREE(4) unlimited ATM transactions. |
FREE(4) unlimited ATM transactions. |
FREE(4) unlimited ATM transactions. |
| Online Banking | FREE | FREE (required) | FREE (required) | FREE (required) |
FREE | FREE |
| Bill Pay | $3.95 per month. FREE with 1 or more transactions per month. |
$3.95 per month. FREE with 1 or more transactions per month. |
$3.95 per month. FREE with 1 or more transactions per month. |
$3.95 per month. FREE with 1 or more transactions per month. |
$3.95 per month. FREE with 1 or more transactions per month. |
$3.95 per month. FREE with 1 or more transactions per month. |
| Statements | Monthly statement with images. | Monthly E-statement with images. | Monthly E-statement with images. | Monthly Combined E-statement with images. |
Monthly statement with images. | Monthly statement with images. |
| E-Statement | FREE | FREE (required) | FREE (required) | FREE (required) |
FREE | FREE |
To Qualify for Green Checking and CashBack Checking rewards you must within each monthly qualification cyle**:
♦ Have at least 12 debit card purchases that post and settle (excludes ATM transactions)
♦ Have at least 1 direct deposit or automatic payment (ACH) post and settle
♦ Accept and receive Electronic E-statements
As an added benefit, you will receive unlimited nationwide ATM fee refunds** per cycle when account qualifications are met within the monthly qualification cycle. ATM surcharges greater than $4.99 are not automatically refunded and require the presentation of a receipt for refund.
No minimum balance required to earn rewards. No minimum balance required to maintain account. No category restrictions for CashBack debit card purchases. Qualifying transactions must post to and settle to your account during the qualification cycle. Available to personal accounts only; 1 account per person.
IMPORTANT NOTES:
Interest rates are variable and 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. Please ask a bank representative for current interest rates and annual percentage yields based on designated balance tiers.
(1) We use the daily balance method to calculate the interest on your Green Checking account. This method applies a a daily periodic rate to the principal in the account each day.
(2) We use the average daily balance method to calculate the interest on your NOW or Golden Choice checking account. This method applies a daily periodic rate to the principal in the account each day. For Simply Checking and NOW Checking, maintain the minimum daily balance to avoid the monthly service fee.
(3) Sales tax applies.
(4) Peoples ChekCard (Debit or Photo Debit) available to qualified customers upon separate application.
(5) ATM transactions at Privileged Status ATMs are surcharge free.
Peoples State Bank will deem your transactional account inactive if you do not make any deposits to or withdrawals from the account for a 12-month period. An inactive account remains subject to service charges and may be assessed a non-refundable monthly Dormant Account Fee.
