1) To qualify for the $300 direct deposit offer, account holder must set up and receive $1,000 minimum in direct deposits (ACH) in your checking account in one statement cycle within 90 days of account opening.
2) To qualify for the $300 debit card offer, new account holder must make at least 15 purchase transactions of $5.00 or more in a statement cycle within 90 days of account opening with their Peoples Security Bank & Trust Debit Card. Only debit card transactions processed by merchants and received by the bank as Point-of-Sale (POS) transactions count towards qualifying debit card transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not qualify.
3) To be eligible for both offers: the Primary account owner must open a personal checking account at any PSBT branch and may not be or have been a primary or secondary account owner on any checking account with Peoples Security Bank & Trust within the previous six months. Your checking account must remain open for you to receive the offer, which will be credited to the eligible account within 60 days after all conditions have been met and be labeled “Promotional Offer.” Other restrictions may apply. Not valid with any other offer. Offer valid as of January 27, 2026 and is subject to change or withdrawal at any time without notice. Value of reward may be subject to 1099-MISC reporting. Promo Code 020.
4) To qualify for the $100 offer, open a new Small Business, Business, Business Interest, Commercial, Micro Business MaxEarnings, or Non-Profit Checking account at any Peoples Security Bank & Trust Community Office. Offer will be deposited into your new business checking account within 60 days of account opening and be labeled “Promotional Offer.”
5) To qualify for the $1,000 offer, customer must have an average daily balance of $15,000 or more and five or more debits by check or ACH within one statement cycle and not be an existing business account owner with Peoples Security Bank & Trust. Only one qualifying account per tax ID number to earn the offers. Combined account balances do not qualify. Transfers from another Peoples Security Bank & Trust deposit account do not qualify. Offer will be deposited into your new business checking account within 60 days of meeting all of the above requirements and be labeled “Promotional Offer.” Your business checking account must remain in an open status to receive the offer. Limit one offer level per account. Offer valid as of January 27, 2026, cannot be combined with any other offer and is subject to change without notice. Value of reward(s) may be subject to 1099-MISC reporting. Promo Code: 019.
6) Annual Percentage Yield is variable and may change at any time. A $2,500.00 minimum deposit is required to open the account and earn interest. An $8.00 monthly minimum balance fee applies on consumer accounts, and $10.00 on business accounts, if the average daily balance falls below $2,500.00. A $5.00 fee applies to each withdrawal exceeding 10 per statement cycle. Interest rates are based on the Wall Street Journal Prime Rate (WSJ) and published in the Wall Street Journal. The current WSJ Prime Rate is 7.00%, effective September 17, 2026. The applicable margin is then deducted as follows: balances from $2,500.00 through $24,999.99 earn a rate equal to the WSJ Prime Rate minus 4.77 percentage points for an annual percentage yield (APY) of 2.25%; balances from $25,000.00 through $99,999.99 equal to the WSJ Prime Rate minus 4.04 percentage points for an APY of 3.00%; balances from $100,000.00 through $249,999.99 earn a rate equal to the WSJ Prime Rate minus 3.31 percentage points for an APY of 3.75%; and balances of $250,000.00 or more earn a rate equal to the WSJ Prime Rate minus 2.83 percentage points for an APY of 4.25%. The applicable rate is calculated using daily balance method. Daily balance method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). The applicable rate will adjust on the effective date of any change in the WSJ Prime Rate. Fees may reduce earnings. Rates may increase or decrease. Additional terms and conditions may apply. Offer may be changed or discontinued at any time.