Child hand inserting coin in piggy bank

Personal Accounts & Personal Loans

Personal Accounts

Forward Checking Account

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!

Summary:

  • Earn 0.89% APY*
  • 0.05% APY* if qualifications aren’t met
  • Domestic ATM fee refunds up to $20 per statement cycle**
  • Unlimited check writing
  • No monthly fees
  • No minimum balance
  • Free debit card
  • Free online banking with bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free e-Statements
  • Free text message banking
  • Direct deposit available
  • FDIC insured

*APY = Annual Percentage Yield

Qualifications:

To receive 0.89% APY* on your entire Forward Checking balance, simply do the following each monthly qualification cycle:

  • Have at least 10 debit card purchases post and settle per monthly qualification cycle
  • Have at least 1 automatic payment (ACH) or direct deposit (ACH) post and settle per monthly qualification cycle
  • Agree to receive and are able to review electronic statements

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.

Disclaimer:

*APY= Annual Percentage Yield.  Annual Percentage Yield (APY) accurate as of 06/26/2020.  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.

Princeville School District - School Spirit Account

Benefits:

  • No minimum balance to maintain
  • Free debit card
  • Free online banking and online bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free text message banking
  • Direct deposit available
  • A $.05 donation will be made to the Princeville School District for every debit card purchase to post and settle. A $.05 donation will also be placed into the customer account for every debit card transaction to post and settle
  • $6 maintenance fee waived if you agree to receive and are able to review electronic statements
  • FDIC insured

Qualifications:

  • Have at least 10 debit card purchases post and settle per monthly qualification cycle.  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.

*Contact a PSB Employee for more information.

 

Brimfield School District - School Spirit Account

Benefits:

  • No minimum balance to maintain
  • Free debit card
  • Free online banking and online bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free text message banking
  • Direct deposit available
  • A $.05 donation will be made to the Brimfield School District for every debit card purchase to post and settle. A $.05 donation will also be placed into the customer account for every debit card transaction to post and settle
  • $6 maintenance fee waived if you agree to receive and are able to review electronic statements
  • FDIC insured

Qualifications:

  • Have at least 10 debit card purchases post and settle per monthly qualification cycle.  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.

*Contact a PSB Employee for more information.

 

St. Jude of Illinois - Donation Account

Benefits:

  • No minimum balance to maintain
  • Free debit card
  • Free online banking and online bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free text message banking
  • Direct deposit available
  • A $.05 donation will be made to St. Jude Research Hospital for every debit card purchase to post and settle. A $.05 donation will also be placed into the customer account for every debit card transaction to post and settle
  • $6 maintenance fee waived if you agree to receive and are able to review electronic statements
  • FDIC insured

Qualifications:

  • Have at least 10 debit card purchases post and settle per monthly qualification cycle.  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.

*Contact a PSB Employee for more information.

 

Foster Pet Outreach - Donation Account

Benefits:

  • No minimum balance to maintain
  • Free debit card
  • Free online banking and online bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free text message banking
  • Direct deposit available
  • A $.05 donation will be made to Foster Pet Outreach for every debit card purchase to post and settle. A $.05 donation will also be placed into the customer account for every debit card transaction to post and settle
  • $6 maintenance fee waived if you agree to receive and are able to review electronic statements
  • FDIC insured

Qualifications:

  • Have at least 10 debit card purchases post and settle per monthly qualification cycle.  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.

*Contact a PSB Employee for more information.

 

Center for Prevention of Abuse - Donation Account

Benefits:

  • No minimum balance to maintain
  • Free debit card
  • Free online banking and online bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free text message banking
  • Direct deposit available
  • A $.05 donation will be made to Center for Prevention of Abuse for every debit card purchase to post and settle. A $.05 donation will also be placed into the customer account for every debit card transaction to post and settle
  • $6 maintenance fee waived if you agree to receive and are able to review electronic statements
  • FDIC insured

Qualifications:

  • Have at least 10 debit card purchases post and settle per monthly qualification cycle.  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.

*Contact a PSB Employee for more information.

 

PSB Checking Account

This account does everything you need. Write checks, access accounts using your debit card, pay bills online, and much more.

Benefits:

  • $50 minimum to open
  • No minimum balance to maintain
  • Free debit card
  • Free online banking and online bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free text message banking
  • Unlimited check writing
  • Direct deposit available
  • $6 maintenance fee waived if you agree to receive and are able to review electronic statements
  • FDIC insured
Forward Savings Account

Free 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.

Summary:

  • Earn 1.01% APY*
  • 0.05% APY* if qualifications aren’t met
  • Build savings automatically
  • No minimum balance required to earn rewards
  • No monthly service fee
  • Free online banking with bill pay
  • Free e-Statements
  • Direct deposit available
  • FDIC insured

Qualifications:

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:

  • Have at least 10 debit card purchases post and settle
  • Have at least 1 automatic payment or direct deposit post and settle
  • Agree to receive and are able to review electronic statements

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.

Disclaimer:

*Annual Percentage Yield (APY) accurate as of 06/26/2020. 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.

Statement Savings Account

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.”

Summary:

    • Interest bearing account
    • $2 service charge if balance falls below $100
    • Free ATM card
    • Free online banking with bill pay
    • Free e-Statements
    • Direct deposit available
    • FDIC insured
Money Market Savings Account

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.

Summary:

  • $1,000 deposit to open
  • $6 service charge if balance falls below $1,000
  • Interest bearing account
  • Free online banking with bill pay
  • Free mobile banking with Touch ID for iPhone users
  • Free e-Statements
  • Direct deposit available
  • FDIC insured

 

Ricki "Kids Savings" Club

Start teaching good financial habits to the Forward Thinkers of tomorrow.  Saving is an important responsibility that children should learn early. But that doesn’t mean it can’t be fun! The Ricki Club makes learning how to save money an exciting game and fun adventure!

Summary:

  • For ages 12 and under
  • Interest bearing account
  • No minimum opening deposit
  • Get $5 credited to account at opening
  • Get $5 coupon mailed each year as a birthday gift
  • FDIC insured

 

Christmas Club Savings Account

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.

Summary:

  • Save for holiday spending
  • Interest bearing account
  • No service charges
  • Balance sent to you November 1st
  • Maximum balance of $10,000
  • FDIC insured
Health Savings Account (HSA)

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.

Summary

  • Save for future medical expenses
  • Interest bearing account
  • Balance grows tax-free
  • Use funds on qualifying expenses
  • Easy access to funds
  • No “use it or lose it” rule
  • FDIC insured
Individual Retirement Account (IRA)

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.

Summary:

  • Plan for the future
  • Favorable rates
  • Short and long-term plans
  • Traditional and Roth available
  • FDIC insured
Certificates of Deposit (CDs)

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!

Summary:

  • Fixed rates
  • Terms from 3 Months to 60 Months
  • May be used as loan collateral
  • Monthly interest can be compounded or sent to you
  • FDIC insured

Personal Loans

Home Equity Lines of Credit, Auto Loans, Recreation Loans

Home Equity Lines of Credit

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?

Summary

  • Based on home’s value
  • Use funds for most any ongoing or seasonal need
  • Affordable payments
  • Possible tax advantages*
  • Local decisions
  • Easy to apply

*contact your tax advisor

Auto Loans

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.

  • New or used
  • Competitive rates
  • Flexible terms
  • Pre-approval available
  • Personal service
  • Easy to apply

Recreation Loans

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!

  • Competitive interest rates
  • Flexible terms
  • Local decisions
  • Prompt responses

Looking for more information? Contact Jared Donna, NMLS ID #1167910 at (309) 694-9494, Matthew Daily at (309) 385-4375 or J. Boger Hessing, NMLS#480570 at (309) 693-9494.