Interest Checking

Interest Checking earns a variable APY that may change at the bank's discretion. There's no minimum balance required to earn interest—you earn on every dollar you keep in the account. Contact us or visit psbt.com/Learn/Resources/Deposit-Rates for current rates and annual percentage yields.

Interest Checking gives you unlimited withdrawals and deposits with no transaction limits, while savings accounts restrict how often you can move money. You get checking account liquidity with interest-earning potential—perfect if you want growth without locking up your funds.

Keep a $1,000 average daily balance¹ OR set up recurring direct deposit. Meet either requirement and we'll return your $5 monthly service charge. You don't need to do both—just pick whichever fits your banking style.

Interest Checking accounts are opened at our branches or by getting in touch online at psbt.com/Get-in-Touch/Deposit-Accounts. A banker will walk you through the process and answer any questions about the account.

No. Make as many deposits and withdrawals² as you need. Unlike some high-yield checking accounts that require 10+ debit transactions monthly, PSBT Interest Checking has no activity quotas or transaction limits.

You have access to 55,000+ surcharge-free ATMs nationwide through the Allpoint network. Find ATMs at major retailers, pharmacies, and other locations coast to coast.

Employer payroll, Social Security benefits, pension payments, and government benefits all qualify as recurring direct deposit for monthly service charge return purposes.

Yes. Peoples Security Bank & Trust is a Member FDIC institution. Your deposits are insured up to applicable FDIC limits, currently $250,000 per depositor, per insured bank, for each account ownership category.