You won't have to rush around during your lunch hour to make an early banking cut-off time at People State Bank. Any deposit you make before we close will be processed on the same business day, right up to closing time. Items received on Saturdays will be processed on the next business day.
It is our policy to make funds from your deposits available to you on the business day that we receive your deposit for checks that you write to others which are not cashed at our bank, and on the next business day for checks that will be cashed at our bank. In some cases, longer delays may apply and there are special rules for new accounts. If you have a question about the availability of your funds, please ask the teller handling your transaction. Be sure to read the Funds Availability Policy that was given to you when your account was opened.
Your dollars are safe when placed in our care. Each depositor is insured for up to $250,000 by the Federal Deposit Insurance Corporation. By structuring your accounts in a certain fashion, you can be insured for much more than $250,000. If you would like more information to determine how to make certain that all of your accounts are adequately covered by FDIC insurance, check out the FDIC's insurance coverage calculator at www.fdic.gov