When it comes to checking accounts, we understand that everyone has different needs. This is why we offer a variety of checking accounts designed to fit your personal and financial needs. Our checking account options come with free online banking, online bill pay, as well as debit and ATM cards (subject to application approval).
Account | Minimum Opening Deposit | Balance to Avoid Maintenance Charge | Maintenance Charge if Minimum Not Maintained | Check Images Returned? |
Interest Earned |
|
---|---|---|---|---|---|---|
Regular Checking | $50 | $100 daily | $1.00/statement cycle, plus $0.15 per check | Yes | Call to Learn More | |
Optima Checking | $50 | None | No service charge | No. ($5 monthly fee to receive check images) | Call to Learn More | |
Premium Checking* | $500 | $500 daily | $5.00/statement cycle, plus $0.15 per check after 40 external debits | Yes | Call to Learn More | |
Premium Plus Checking* | $1,500 | $1,500 daily | $5.00/statement cycle | Yes | Call to Learn More |
Personal/Business Checking Accounts | Minimum Balance | Maintenance Charge |
Interest |
---|---|---|---|
Regular Checking | $100 | $1.00 plus $0.15 per check | Call to Learn More |
Optima Checking | $50 | None | Call to Learn More |
Premium Checking* | $500 | $5.00 plus $.015 after 40 external debits |
Call to Learn More |
Premium Plus Checking* | $1,500 | $5.00 | Call to Learn More |
It’s no secret that the hardest part of saving is getting started. Peoples State Bank is here to help you with either our passbook savings account or a tiered money market account. We can also help you start saving by setting up an automatic transfer from your checking account to your savings account for an amount and frequency that fits your needs.
Account | Minimum Opening Deposit | Balance to Avoid Maintenance Charge | Maintenance Charge if Minimum Not Maintained | Check Images Returned? | Interest Earned | Restrictions & Limitations |
---|---|---|---|---|---|---|
Passbook Savings | $25 | None | No service charge | n/a | Call to Learn More | Savings withdrawal limits apply |
Money Market Account | $1500 | $1500 daily | $5.00/statement cycle | Yes | Call to Learn More | Money Market withdrawal limits apply; $500 minimum withdrawal |
Account | Minimum Balance | Maintenance Charge | Interest |
---|---|---|---|
Passbook Savings | $25 Minimum to open |
None | Call to Learn More |
Money Market Account |
$.01 - $1499.99 |
$5.00 if below $1500 | Call to Learn More |
$1500.00 - $25,000.00 |
$5.00 if below $1500 | Call to Learn More | |
$25,000.01 - $50,000.00
|
$5.00 if below $1500 | Call to Learn More | |
$50,000.01 and over | $5.00 if below $1500 |
Call to Learn More |
|
$250,000.00 and over | $5.00 if below $1500 |
Call to Learn More |
Take advantage of more than 24,000 MoneyPass ATMs from coast-to-coast and avoid the ATM fee when using your Peoples State Bank debit or ATM card. Just look for the MoneyPass logo (pictured below), or visit moneypass.com to find qualifying ATMs near you!
A great way to start saving money is to establish an automatic scheduled transfer. An automatic scheduled transfer provides a convenient way to transfer funds between accounts on a scheduled basis. You set the amount of funds to be transferred along with the frequency of the transfer. You may transfer funds from checking to savings, or from savings to checking.
Online Banking gives you immediate access to your account information 24 hours a day, 7 days a week, from the convenience of your home or office. It's simple. It's secure. And best of all, it's FREE.
All Peoples State Bank online transactions and account data are supported by encryption technology. Also, to prevent unauthorized entry into the system, your account information is protected with an Online Banking ID and a PIN you can change at any time. The first time you access the system, you will be required to change your PIN from the bank-provided number to an 8-25 character alpha-numeric code of your choice. Then, every 90 days the system will prompt you to change your PIN to ensure continued privacy and security. As an added security feature, Online Banking will automatically sign off after 10 minutes of inactivity.
Your regular bills, such as telephone, utility, and other payments, can be paid directly from your checking account. Automatic payments need to be set up by the billing organization.
Debit cards make shopping more convenient and you can use your card instead of a check wherever Visa is accepted. With your debit card you will have no annual fee and you may also access your account at ATMs. ATM cards are also offered if you only have a savings account or you do not wish to use a card for point of sale activity.
To activate your card or change your PIN, please call 1-800-757-9848.
Have your payroll, Social Security, and other income deposited directly to your checking or savings account.
Need to make a deposit and it's after business hours and you are unable to make it back the next day? That's okay! Drop it in the night depository and we will take care of it right away on our next business day. In Velva, the night drop is located by the front doors of the bank. In Minot, the night drop is located in the first drive-up lane.
Safe deposit boxes are an excellent way to ensure your important documents are kept safe. These boxes are rented at annual rate and we have a variety of sizes to choose from.
Download our free mobile app in the iTunes app store or Google Play store to have your banking resources at your fingertips.
Make business and personal deposits easier than ever with our new remote deposit features. Contact us for more information on how to take advantage of these features.
Let us assist you with making your business payroll even easier by using our ACH Payroll feature. Contact us for more information.
Do you have wiring needs or need wiring instructions to get money into your account fast? Please contact us for more information on how we can easily assist you.
Order your checks online from Harland Clarke, our preferred provider.
Secure, Fast Ordering - Ordering checks online from Harland Clarke is as safe and secure as ordering them in person or over the phone. The site is Verisign secure and TruSecure certified, so your transactions and account information are safe and completely confidential.
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Peoples State Bank of Velva is now able to provide your eStatements electronically with our safe and secure eStatement service. Your eStatement is loaded into your online banking account on your statement date. Once the eStatement is available we’ll send you an email notifying it’s ready to be viewed and downloaded.
Click here for more information.