Child hand inserting coin in piggy bank
It’s free checking that revolves around you. Earn 0.89% APY* with no minimum balance or monthly fee. We even refund ATM fees** not just in Peoria, Princeville, or even throughout the Midwest, but nationwide!
*APY = Annual Percentage Yield
To receive 0.89% APY* on your entire Forward Checking balance, simply do the following each monthly qualification cycle:
If you don’t qualify during a cycle, don’t worry! You will still enjoy free checking and there’s no penalty for not qualifying in a given monthly qualification cycle. Plus you get a base rate of 0.05% APY* and you get right back to making 0.89% APY* and enjoying domestic ATM fee refunds** the next cycle you qualify. Monthly qualification cycle means a period beginning one day prior to the current statement cycle through the business day prior to the last business day of the statement cycle.
*APY= Annual Percentage Yield. Annual Percentage Yield (APY) accurate as of 06/23/2023. Minimum to open account is $1.00. 0.89% APY applies to all balances if qualifications are met during the monthly qualification cycle. 0.05% APY applies to all balances if monthly qualifications are not met. Interest earned is credited to the account on the last day of the monthly statement cycle.
The interest rate and annual percentage yield may change without notice after the account is opened. Fees may reduce earnings. Qualifying transactions must post and settle to the account during the monthly qualification cycle. Intra-bank transfers and ATM transactions do not count as qualifying transactions. Transactions may take one or more banking days from the date the transaction was made to post and settle to an account.
**Domestic ATM Fee reimbursements up to $20 ($2 per single transaction) provided if qualifications are met within the monthly qualification cycle. Limit one Forward Checking account per Social Security Number. The disclosed Forward Checking APY is based on compounding interest. The interest earned in Forward Checking with Forward Savings are automatically transferred to Forward Savings each statement cycle and do not compound. This will result in a blended rate of 0.89% to 1.01% if qualifications are met and a rate of 0.05% when qualifications are not met.
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Qualifications:
*Contact a PSB Employee for more information.
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Qualifications:
*Contact a PSB Employee for more information.
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Qualifications:
*Contact a PSB Employee for more information.
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Qualifications:
*Contact a PSB Employee for more information.
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Qualifications:
*Contact a PSB Employee for more information.
This account does everything you need. Write checks, access accounts using your debit card, pay bills online, and much more.
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Need an easy way to save a little extra? Add the Round Up Savings enhancement to any of your PSB personal accounts. With this feature, every time you use your debit card, the amount you spend will be rounded up to the nearest dollar and the “extra change” will be deposited into your savings account. Any account qualifies – all you need is both a checking and a savings account, as well a debit card.
Forward Savings helps you put money away for a rainy day. Forward Savings is linked to your Forward Checking account, so your interest and ATM fee refunds** from Forward Checking can grow.
Open Forward Savings alongside your Forward Checking account with no additional qualifications. Just complete these transactions and activities in the Forward Checking account each monthly qualification cycle to make sure you make the most of your money:
There’s no penalty for not qualifying in a given monthly qualification cycle and the accounts are still free. Balances in the Forward Savings account receive an APY of 1.01% if required qualifications in the Forward Checking account are met each monthly qualification cycle. If qualifications in the Forward Checking are not met, the APY will be 0.05% on all balances in the Forward Savings account.
*Annual Percentage Yield (APY) accurate as of 06/23/2023. Minimum to open the Forward Savings account is $1.00 Forward Savings rate tiers are as follows: 1.01% APY applies to all balances if qualifications are met each monthly qualification cycle in the Forward Checking. 0.05% APY applies to all balances if monthly qualifications are not met in the Forward Checking. Monthly qualification cycle means a period beginning one day prior to the current statement cycle through the business day prior to the last business day of the statement cycle.
The interest will compound on your Forward Savings account on a monthly basis. The interest earned & ATM fees reimbursed from the Forward Checking account transfers to the Forward Savings account, whether the qualifications are met or not. The Forward Checking APY is based on compounding interest. Please be aware that the interest earned in the Forward Checking is automatically transferred to the Forward Savings each statement cycle and does not compound. This will result in a blended rate of 0.89% to 1.01% if qualifications are met and a rate of 0.05% when qualifications are not met.
The interest rate and annual percentage yield may change without notice after the account is opened. Fees may reduce earnings. Qualifying transactions must post and settle to the Forward Checking account during the monthly qualification cycle. Intra-bank transfers and ATM transactions do not count as qualifying transactions. Transactions may take one or more banking days from the date the transaction was made to post and settle to an account. **Domestic ATM Fee reimbursements up to $20 ($2 per single transaction) provided if qualifications are met within the monthly qualification cycle. Limit one Forward Checking and Forward Savings account per Social Security Number.
Did you know Americans only save around 2% of their income? Don’t be part of that statistic—start saving with an account designed for exactly that. It’s a great way to help you budget for future purchases or just set aside funds for “that rainy day.”
Get the most bang for your buck with a Money Market Savings Account. If you regularly maintain a higher balance, you can take advantage of better interest rates.
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The holiday season can be taxing on anyone’s pocketbook. Start planning ahead and invest in a Christmas Club Savings Account where you can earn interest so when it’s time to start buying gifts, you have something set aside to make it easy.
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Save now for future health expenses with a Health Savings Account. This is a great way to set aside funds and earn interest tax-free. When you need them, you can use it to pay qualifying expenses tax-free too!
An HSA is ideal for anyone with a high deductible health insurance plan.
When it comes to planning for the future, there’s no time like the present. Start building toward a better tomorrow by opening an IRA today. Our financial advisors can help customize a plan that fits your needs so you can relax knowing your future looks bright.
For customers who have the flexibility to invest funds for a set period of time, a CD offers a fixed rate of return with no risk. Just choose the term, then sit back and let it do the work, giving you a healthy return on your investment!
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One of the many advantages of being a homeowner is building equity in your home. So if you’re thinking about taking your dream vacation, starting a home improvement project, or making some other big purchase, why not use the money from your home?
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*contact your tax advisor
When it’s time to get a new set of wheels, let PSB put you in the driver’s seat. We offer competitive rates and flexible terms so you can get the best deal. Get pre-approved today for additional purchasing power.
Dreaming of a boat for summer fun? An RV to travel across the United States? An ATV for work or play? PSB has affordable financing options so you can make those dreams come true!
Looking for more information? Contact Jared Donna, NMLS ID #1167910 at (309) 693-9494 or Marshall Martin, NMLS #2154490 at (309) 385-4375