Peoples State Bank of Plainview: Savings Accounts, CDs, Money Market & Rates

Updated: 8/19/2026

Mission: Banksparency aims to make Peoples State Bank of Plainview's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of Peoples State Bank of Plainview

Our verdict

Peoples State Bank of Plainview offers Peoples Preferred Savings, a high-yield savings account paying 3.51% APY with a $1,000 minimum deposit.

At 3.51% APY, Peoples State Bank of Plainview pays 9x the national savings average of 0.38%.

Additional Accounts

Youth Savings, a high-yield savings account at 3.00% APY.
Kasasa Saver, a high-yield savings account at 1.00% APY. It requires a linked checking account.
Regular Savings, a high-yield savings account at 0.65% APY.

Ideal User Profile

Best for: simple saving without extra requirements.

CD Analysis

Peoples State Bank of Plainview also offers CDs paying up to 3.55% APY on its 12 months term, across 8 term lengths.

Tracking 8 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 3.55% APY for a 12 months term and laddering across multiple maturities.

IRA Analysis

Peoples State Bank of Plainview also offers an IRA savings account paying up to 1.66% APY.

Tracking 1 active IRA savings product, useful for tax-advantaged retirement savings.

Best IRA use: tax-advantaged retirement saving.

Important Considerations

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Deposit Accounts Overview

Peoples Preferred Savings

Savings

3.51% APY

Tiered Range: 0.50% - 3.51%

StableNo rate changes in last 7 days

Min: $1,000 Branch Access

Rank #68 of 337 tracked.

Youth Savings

Savings

3.00% APY

No Minimums Branch Access

Rank #117 of 337 tracked.

HSA Savings $20,000+

Savings

1.66% APY

Min: $25 Branch Access

Rank #143 of 337 tracked.

HSA Savings

Savings

1.31% APY

Min: $25 Branch Access

Rank #147 of 337 tracked.

Kasasa Saver

Savings

1.00% APY

Min: $25 Checking Bundle Branch Access

Rank #159 of 337 tracked.

Regular Savings

Savings

0.65% APY

Min: $25 Branch Access

Rank #167 of 337 tracked.

Money Market Checking

Money Market

0.60% APY

Tiered Range: 0.20% - 0.60%

Min: $1,000 Branch Access

IRA Savings

1.66% APY

Min: $25 Branch Access

Market Reality Check

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates

National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationPlainview, MN
Deposit InsuranceFDIC Insured(Cert: 1100)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	0
Min. Balance in Savings Account	0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Aug 19, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.20%APY

Go to Quontic Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	10000
Min. Balance in Savings Account	0
Mobile Ratings	iOS:4.8 Android:4.9

Deposit Accounts: In-Depth View

Savings Accounts Offered by Peoples State Bank of Plainview

Feature	Peoples Preferred Savings	Youth Savings	HSA Savings $20,000+	HSA Savings	Kasasa Saver	Regular Savings
APY	3.51%Range: 0.50% - 3.51%Verified: 8/19/2026	3.00%Verified: 8/19/2026	1.66%Verified: 8/19/2026	1.31%Verified: 8/19/2026	1.00%Verified: 8/19/2026	0.65%Verified: 8/19/2026
APY Trend	StableNo rate changes in last 7 days	N/A	N/A	N/A	N/A	N/A
Min. Deposit	$1,000	$0	$25	$25	$25	$25
Min. Balance	$1,000	N/A	N/A	N/A	N/A	N/A
Monthly Fee	N/A	N/A	N/A	N/A	N/A	N/A
Direct Deposit	None	None	None	None	None	None
Checking Bundle	No	No	No	No	Yes	No
In-Branch Access	Yes	Yes	Yes	Yes	Yes	Yes
Compounding	N/A	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes
Eligibility	United States	United States	United States	United States	United States	United States
Next Steps	-	-	-	-	-	-

Interactive Tool

Calculate Savings for Peoples State Bank of Plainview

All calculations are based on APY.

Choose savings account

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,367.40(8.9%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,367.40

Effective APY

3.51%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Peoples State Bank of Plainview Deposit Rates Over Time

Historical APY Insights

Last 6 Months

Metric	Peoples Preferred Savings	Money Market: Money Market Checking
Latest APY	3.51%	0.60%
Trend	Sideways	Sideways
Slope (bps/mo)	-0.6	0.0
Rate Changes / Mo	0.17	0.00
Days Since Last Change	151	145
High (-6m)	3.60%	0.60%
Low (-6m)	3.51%	0.60%
Draw-down	-2.5%	0.0%
Volatility (CV)	0.010	0.000

How to read these metrics▼

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Slope (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Rate Changes / Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 175-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.

Compare with Peoples State Bank of Plainview

Feature	Current View Peoples State Bank of Plainview	Empty Slot
Product		-
APY	0.50% - 3.51%Verified: 8/19/2026	-
APY Trend	StableNo rate changes in last 7 days	-
Min. Deposit	$1,000	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	Yes	-
Eligibility	United States	-
Compounding	N/A	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

3.55% Highest APY

Across 8 CD products with terms: 6 months, 48 months, 12 months, 24 months, 36 months, 1 months, 3 months, 60 months

CD Products Offered by Peoples State Bank of Plainview

Feature	1-Month CD 1 months	3-Month CD 3 months	6-Month CD 6 months	12-Month CD 12 months	24-Month CD 24 months	36-Month CD 36 months	48-Month CD 48 months	60-Month CD 60 months
APY	1.00%Verified: 8/19/2026	1.15%Verified: 8/19/2026	1.51%Verified: 8/19/2026	3.55%Verified: 8/19/2026	3.44%Verified: 8/19/2026	3.44%Verified: 8/19/2026	3.44%Verified: 8/19/2026	3.24%Verified: 8/19/2026
Term	1 months	3 months	6 months	12 months	24 months	36 months	48 months	60 months
Min. Deposit	$2,500	$2,500	$2,500	$250	$250	$250	$250	$250
Early Withdrawal	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

Peoples State Bank of Plainview CD Rates Over Time

Money Market Accounts Offered by Peoples State Bank of Plainview

Feature	Money Market Checking
APY	0.60%Range: 0.20% - 0.60%Verified: 8/19/2026
Min. Deposit	$1,000
Min. Balance	$2,500
Monthly Fee	N/A
Direct Deposit	None
In-Branch Access	Yes
Compounding	N/A
FDIC Insured	Yes
Eligibility	United States

Alternatives to Peoples State Bank of Plainview

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For a top list of the highest savings rates, see all HYSA top rates

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