Direct Deposit


Direct Deposit is the easy, safe, automatic way to put your wages, pension or other income in the bank. No more extra trips to make a deposit, no more waiting in those long lines on payday. And if you work a swing shift, you'll appreciate the convenience of Direct Deposit even more. Compensation is on deposit even if your routine is disrupted by sickness or travel.

When you authorize your employer to deposit your paycheck directly into your checking account at Peoples State Bank, you'll save time - and money.

Benefits

Free Checking:

Automatic Transfers - Earn interest immediately by arranging for automatic transfer of money to your savings or an IRA or any interest-bearing account.

Automatic Payments- Payments can be made automatically to Christmas clubs, installment loans, or mortgages.

Overdraft Protection - With six months full-time employment, you qualify for a $100.00 line of credit on your checking account upon completion of contract.

Redi Reserve Checking - You may apply for a larger line of credit to increase the level of your overdraft protection. An annual fee is assessed for an increased line of credit.

Global Automated Teller Machines enable access to your account at over 40,000 locations worldwide 24 hours a day 365 days a year. You are automatically offered an application for an ATM card.



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