Peoples' State Bank
Personal Banking

Savings Accounts

Individual Retirement Accounts

Tax advantaged savings* can help leverage your investment to reach your financial goals even more quickly. With an Individual Retirement Accounts, you may be eligible to take tax deductions on the funds you deposit or withdraw funds at retirement time tax-free. Whether you desire a regular IRA or the new Roth IRA, we can help.

Peoples State Bank offers a no-hassle IRA program that works just like a Certificate of Deposit, only better. You can make additional deposits to your IRA during the year up to the maximum amount allowed by government regulations for your account. The maturity terms available are:

  • 3 Months
  • 6 Months
  • 1 Year
  • 18 Months
  • 2 Years
  • 3 Years
  • 4 Years
  • 5 Years

The rates offered on the IRA accounts are those offered on Certificates of Deposit for the same maturity period. Peoples State Bank typically offers a premium on certificates issued in amounts of $100,000.00 or more. This additional amount over our posted rates may vary based on current market conditions. Please call us for the current Jumbo CD rates.

Check out our rates!

*: Please consult with your tax preparer or CPA firm how you can best take advantage of IRA accounts to minimize your taxes and whether your contributions may be deductible.
+: The annual percentage yield (APY) assumes the principal and its interest will remain on deposit for a full year at the listed rate or until maturity. Withdrawals, fees and other conditions could reduce earnings.