Consumer Products
The Best PSB Checking Account for You
December 11, 2023
Peoples Savings Bank (PSB) offers a variety of checking accounts to meet your needs. Whether you prefer to bank online, your debit card is your preferred payment method, or you want to earn interest, PSB has an account for you.
PSB Personal Checking Accounts
PSB Premium Checking 3.20% APY
If you prefer to bank online, your debit card is your preferred payment method, and you want to earn interest, PSB Premium is the account for you! With a 3.20% APY, you can earn more money on your deposits. Plus, you’ll enjoy a variety of other benefits, including:
- FREE E-statements
- FREE Online Banking and Bill Pay
- FREE Mobile App
- Mastercard® Debit Card
- Overdraft privilege of up to $1,500 if requirements are met.
To open a PSB Premium Checking account, you’ll need to meet the following requirements:
- Average daily balance: $300.00
- Minimum deposit to open account $300.00
- Maximum Balance to earn the stated rate and Annual Percentage Yield (APY) $25,000.00
- 2 ACH debit/credit transactions posted and debited/credited to the account per statement cycle
- 15 Debit Card transactions posted and debited (ATM withdrawals do not apply) per statement cycle
- Online/Mobile Banking Enrollment
- Electronic Statements (E-statements)
Click here to learn more about PSB Premium Checking 3.20% APY.
Green Plus Checking
If you’re looking for an interest-bearing checking account with a low monthly balance requirement and unlimited check and debit card transactions, Green Plus Checking is a great option. With a 0.05% APY, you can earn money on your deposits while still enjoying the convenience of unlimited transactions. Plus, you’ll enjoy a variety of other benefits, including:
- FREE E-statements
- FREE Online Banking and Bill Pay
- FREE Mobile App
- Mastercard® Debit Card
- Overdraft privilege of up to $1,500 if requirements are met.
To open a Green Plus Checking account, you’ll need to meet the following requirements:
- Minimum daily balance: $300.00
- If the daily balance drops below $300 there is a $5 service charge.
- Minimum deposit to open account $300.00
- Online Banking enrollment
- Electronic Statements (E-statements)
Click here to learn more about Green Plus Checking.
PSB Regular Checking
If you’re looking for a basic checking account with no monthly balance requirements, PSB Regular Checking is a great option. With over 40,000 ATMs nationwide in the MoneyPass network you can use free of charge. Plus, you’ll enjoy a variety of other benefits, including:
- No minimum balance required
- FREE E-statements
- FREE Online Banking and Bill Pay
- FREE Mobile App
- Mastercard® Debit Card
- Overdraft privilege of up to $1,500 if requirements are met.
Click here to learn more about PSB Regular Checking.
How to Choose Your PSB Checking Account
To help you decide which PSB checking account is right for you, let’s break down the key differences between the three accounts:
PSB Premium Checking 3.20% APY is the best option for customers who want to earn the highest interest rate possible. This account requires an average daily balance of $300, but it offers a 3.20% APY on all balances up to $25,000.
Green Plus Checking is a good option for customers who want an interest-bearing checking account and a low minimum daily balance of $300.00.
PSB Regular Checking is the best option for customers who are looking for a basic checking account with no monthly balance requirements. This account does not earn interest, but it does not have any fees for ATM withdrawals or deposits.
No matter which PSB checking account you choose, you’ll enjoy a variety of benefits, including free E-statements, free online banking and bill pay, and a free mobile app. You’ll also have access to a network of over 40,000 ATMs nationwide thru MoneyPass.
Peoples Savings Bank (PSB) offers a variety of checking accounts to meet your needs. Whether you prefer to bank online, your debit card is your preferred payment method, or you want to earn interest, PSB has an account for you. With a variety of features and benefits to choose from, you can find the perfect PSB checking account to fit your lifestyle and budget.
Click here to check out PSB’s current checking account rates.