Current Deposit Rates

Account Product Name Min. Opening Deposit Min. Balance to Obtain APY* Interest Rate APY
Checking Accounts         
Interest Checking b $1,000 $1,000c 0.03% 0.03%
IOLTA Interest Checking b $1,000 $1,000c
     Tiers:         
      $1,000 - $99,999 v      0.05%  0.05% 
      $100,000 and up x      0.14%  0.14% 
Business Interest Checking 
$1,000 $1,000c 0.03% 0.03%
Business Elite Checking $125,000  $125,000c
   $125,000 - $249,999 k
0.15% 0.15% 
   $250,000 - $499,999 l
0.25% 0.25%
   $500,000 - $999,999 m
0.35%  0.35% 
   $1,000,000 and up n 0.50% 0.50%
Savings Accounts        
Repurchase Sweep Account i, s, t     0.05% 0.05%
Regular Savings Account (Statement) b $25 $25c 0.05% 0.05%
Christmas Club Account a, b  $1
$1  1.56%  1.56%
Minor Savings b $1 $25c 0.05% 0.05%
Health Savings Account $100 $100c 0.03%  0.03% 
Money Market Accounts         
Money Market + Account (Bus or Pers) b $1,000 $1,000c    
     Daily balances of:          
      $1,000 - 49,999.99 d

0.09% 0.09%
      $50,000 - 99,999.99 e

0.14% 0.14%
      $100,000 and up f

0.19% 0.19%
Premier Money Market $125,000 $125,000c

  $125,000 - $249,999 o     0.20% 0.20%
  $250,000 - $499,999 p     0.25% 0.25%
  $500,000 - $999,999 q     0.35% 0.35%
  $1,000,000 and up r     0.55% 0.55%
 Promo Money Market + b,g,u $10,000 $10,000c  0.75% 0.75% 
Certificate of Deposits
3 Month CD a, h $1,000 $1,000 c 0.10% 0.10%
6 Month CD a, h $1,000 $1,000 c 0.20% 0.20%
12 Month CD a, h $1,000 $1,000 c 0.35% 0.35%
24 Month CD a, h $1,000 $1,000 c 0.35% 0.35%
36 Month CD a, h $1,000 $1,000 c 0.45% 0.45%
48 Month CD a, h $1,000 $1,000 c 0.50% 0.50%
60 Month CD a, h $1,000 $1,000 c 0.65% 0.65%
60 Month Variable Rate IRA a, j $100 $100c 0.50% 0.50%
18 Month CD a, h
$1,000 $1,000 c
 0.35%  0.35%
Certificate of Deposit Specials         
11 Month CD a,h  $1,000  $1,000 c 0.35% 0.35%
23 Month CD a,g,h  $1,000 $1,000 c 0.40% 0.40%
30 Month CD "Bump Up" a, b, h $1,000  $1,000 c 0.45% 0.45%
55 Month CD "Bump Up" a, b, g, h $1,000 $1,000 c 0.55% 0.55%

*APY = Annual Percentage Yield

a) A penalty may be imposed for early withdrawal. b) The interest rate and APY may change after account opening. c) Daily balance. The daily balance is calculated by the amount of the principal in the account each day. d) If your daily balance is more than $1,000, but less than $49,999.99, the interest rate paid on the entire balance in your account will be 0.09% with an APY of 0.09%. e) If your daily balance is more than $50,000 but less than $99,999.99, the interest rate paid on the entire balance in your account will be 0.14% with an APY of 0.14%. f) If your daily balance is $100,000 or more, the interest rate paid on the entire balance in your account will be 0.19% with an APY of 0.19%. g) New Deposits Only—Funds cannot be currently on deposit at Provident State Bank. h) CD term is also available for Individual Retirement Account. i) Not FDIC insured. j) No longer available. k) If your daily balance is more than $125,000.00 but less than $249,999.99 the interest rate paid on the entire balance in your account will be 0.15% with an APY of 0.15%. l) If your daily balance is more than $250,000.00, but less than $499,999.99, the interest rate paid on the entire balance in your account will be 0.40% with an APY of 0.40%. m) If your daily balance is more than $500,000.00 but less than $999,999.99 the interest rate paid on the entire balance in your account will be 0.65% with an APY of 0.65%. n) If your daily balance is $1,000,000.00 or more, the interest rate paid on the entire balance in your account will be 0.90% with an APY of 0.90%. o) If your daily balance is more than $125,000.00 but less than $249,999.99 the interest rate paid on the entire balance in your account will be 0.30% with an APY of 0.30%. p) If your daily balance is more than $250,000.00, but less than $499,999.99, the interest rate paid on the entire balance in your account will be 0.55% with an APY of 0.55%. q) If your daily balance is more than $500,000.00 but less than $999,999.99 the interest rate paid on the entire balance in your account will be 0.70% with an APY of 0.70%. r) If your daily balance is $1,000,000.00 or more, the interest rate paid on the entire balance in your account will be 0.95% with an APY of 0.95%. s) Not a deposit or other obligation of or guaranteed by the Bank. t) Subject to investment risks, including possible loss of the principal invested. u) Promotional rate only applicable for 3 months. v) If your daily balance is more than $1,000.00 but less than $99,999.99 the interest rate paid on the entire balance in your account will be 0.05% with an APY of 0.05%. t) If your daily balance is more than $100,000.00 the interest rate paid on the entire balance in your account will be 1.38% with an APY of 1.39% 

Fees could reduce the earnings on the account.
Interest Rates and Annual Percentage Yields are current as of 7/27/2020.
For current rate information call (410) 673-2401.