1) Annual Percentage Yield is current as of May 22, 2025. To open this account, you must deposit $25,000 or more of new money, defined as money not currently on deposit with Peoples Security Bank and Trust Company. 4.25% APY will be paid until initial maturity. At maturity, your 7 month CD will automatically renew into a 6 month term at the prevailing rate(s). Interest will be compounded and credited quarterly to your account. APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Offer is valid only on 7 month consumer and business CDs opened at the Peoples Security Bank & Trust Piscataway NJ Business Center location. A penalty may be imposed for early withdrawal. Offer may be changed or discontinued at any time.
2) To qualify for the $100 bonus, open a new Small Business, Business, Business Interest, Commercial, Micro Business MaxEarnings, or Non-Profit Checking account at the Peoples Security Bank & Trust Piscataway NJ Business Center location between May 15, 2025 and July 31, 2025. Bonus will be deposited into your new business checking account within 60 days of account opening and be labeled “Promotional Offer.”
3) To qualify for the $1,000 bonus, 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 before October 31, 2025 and not be an existing business account owner with Peoples Security Bank & Trust. Only one qualifying account per tax ID number to earn the bonuses. Combined account balances do not qualify. Transfers from another Peoples Security Bank & Trust deposit account do not qualify. Bonus 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 bonus. Limit one bonus level per account. Offer valid as of April 1, 2025, 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: 010