Peoples State Bank savings, CD and money market rates
Peoples State Bank advertises 2.75% APY on its Peoples Super Saver Account. The 2.75% applies to balances up to $50,000. A larger balance earns 0.10% on the whole amount.
A checking account at the bank is required. That is 2.38 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #338 of 2786 tracked savings rates by advertised APY. For a $10,000 balance it would rank #206.
Estimate your earnings·What Peoples State Bank actually pays
Peoples State Bank at a glance
| Savings | |
|---|---|
| Top savings APY | 2.75% · Peoples Super Saver Account · up to $50,000 only · checking account required |
| Minimum to open | $25 · Peoples Super Saver Account |
| Against the national average | 2.38 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 3.75% · 7 months · 7-Month CD Special |
| Minimum to open | $10,000 · 7 months CD |
| Against the national average | 2.34 percentage points above the 1.41% FDIC 6-month CD average (Sep 2026) |
| Money market | |
| Top money market APY | Up to 3.50% · Money Market Account · needs at least $1,000,000 |
| Minimum to open | $25 · Money Market Account |
| Against the national average | 2.87 percentage points above the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 18569 · Wausau, WI |
|---|---|
| Website | www.bankpeoples.com |
| Branches | 12 branches in WI |
| Availability | Available in WI |
Peoples State Bank savings, CD and money market rates
How the rate applies
How the rate applies
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Peoples State Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3-6 months | 2.00% | $2,500 | 90 to 181 Day CD |
| 6 months | 2.00% | $2,500 | 182 Day CD |
| 7 months | 3.75% | $10,000 | 7-Month CD Special |
| 12 months | 2.50% | $2,500 | 12 Month CD |
| 13 months | 3.75% | $10,000 | 13-Month CD Special |
| 18 months | 2.50% | $2,500 | 18 Month CD |
| 24 months | 2.75% | $2,500 | 24 Month CD |
| 36 months | 2.75% | $2,500 | 36 Month CD |
| 48 months | 3.00% | $2,500 | 48 Month CD |
| 60 months | 3.00% | $2,500 | 60 Month CD |
Interactive Tool
Calculate Savings for Peoples State Bank
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,060.90(7.0%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,060.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What Peoples State Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 2.75% applies to balances up to $50,000. A larger balance earns 0.10% on the whole amount.
In Q2 2026, Peoples State Bank paid a higher average rate on savings and money market deposits than 76% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- Peoples State Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Peoples Super Saver Account | 2.75% | $25 | $0 | $50,000 | not stated | Checking account · direct deposit not stated | Tiered | |
| Fine print: The enhanced rate applies only to the balance up to $50,000 and requires an active non-interest-bearing checking account at the bank. The balance above $50,000 earns the standard savings rate. | ||||||||
| Peoples Savings Account | 0.10% | $25 | $0 | None | not stated | not stated | One rate | |
| Health Savings Account | 0.10% | $50 | $0 | None | not stated | not stated | One rate | |
| Money Market Account | 3.50% | $25 | $0 | None | $25.00 minimum balance fee charged every statement cycle if the daily collected balance falls below $250,000.00 on any day of the statement cycle | not stated | Tiered | |
| Fine print: The balance that avoids the monthly fee is tested on every day of the statement cycle, not as an average, so one day below the threshold triggers the fee. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 90 to 181 Day CD | 3-6 months | 2.00% | $2,500 | not stated | not stated |
| Fine print: IRA funds cannot be placed in this term, although the bank prices it in its combined CD and IRA table. | |||||
| 182 Day CD | 6 months | 2.00% | $2,500 | not stated | not stated |
| 7-Month CD Special | 7 months | 3.75% | $10,000 | not stated | not stated |
| 12 Month CD | 12 months | 2.50% | $2,500 | not stated | not stated |
| 13-Month CD Special | 13 months | 3.75% | $10,000 | not stated | not stated |
| 18 Month CD | 18 months | 2.50% | $2,500 | not stated | not stated |
| 24 Month CD | 24 months | 2.75% | $2,500 | not stated | not stated |
| 36 Month CD | 36 months | 2.75% | $2,500 | not stated | not stated |
| 48 Month CD | 48 months | 3.00% | $2,500 | not stated | not stated |
| 60 Month CD | 60 months | 3.00% | $2,500 | not stated | not stated |
Fine print for 2 CDs above: The deposit is capped at $250,000 for each term, and brokered funds are not accepted. At maturity the certificate renews automatically into a standard term.
Opening and using the account
| Availability | Available in WI |
|---|---|
| Footprint | 12 branches in WI |
| Eligibility | not stated |
How Peoples State Bank behaves over time
Every observation of the advertised Peoples Super Saver Account rate in the last 12 months was 2.75% (observed through Oct 7, 2026). The series includes promotional tiers where one applied.
Banksparency observed no cuts to Peoples State Bank's advertised savings rate in the last 12 months, a period with 2 Federal Reserve cuts.
Recent rate changes, as observed
- Obs. Sep 21, 20267-Month CD SpecialRaise:3.50%to3.75%
- Obs. Sep 21, 202613-Month CD SpecialRaise:3.50%to3.75%
- Peoples Super Saver Account
- The same as 30 days ago.
- 7 months CD
- Up 0.25 percentage points from 30 days ago.
- Money Market Account
- The same as 30 days ago.
$10,000 at the 2.75% APY Peoples State Bank advertises on Peoples Super Saver Account grows to $10,275 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,937 does today. See how the federal funds rate shapes savings rates.
Peoples State Bank CD rates over time
Who is Peoples State Bank?
| Headquarters | Wausau, WI |
|---|---|
| Founded | 1962 |
| Scale | $1.5B assets · $1.2B deposits, $890M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 18569 |
| Charter state | Wisconsin · one of 154 insured banks chartered there (Q2 2026, FDIC) |
| Size | 782nd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 23% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What Peoples State Bank pays on deposits above.
Common questions about Peoples State Bank
Is Peoples State Bank FDIC insured?
Yes. Peoples State Bank is FDIC insured under certificate 18569, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at Peoples State Bank?
Peoples State Bank requires a minimum deposit of $25 to open its Peoples Super Saver Account, as observed on Oct 7, 2026. Check the bank's current terms before you open an account.
Does the 2.75% apply to my whole balance?
The 2.75% applies to balances up to $50,000. A larger balance earns 0.10% on the whole amount. A checking account at the bank is required. Rates are as observed on Oct 7, 2026.
Does Peoples State Bank have branches?
Yes. Peoples State Bank operates 12 branches according to FDIC branch records, in addition to its website and mobile apps.
Peoples State Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Peoples State Bank | 2.75% | 2.20% | $25 | 12 branches in WI |
| ableBanking | 2.75% | 2.09% | $2,500 | not stated |
| Bankwell Bank | 2.75% | 3.28% | $100 | 11 branches in CT, NY |
| Lincoln Savings Bank | 2.75% | 2.29% | $2,500 | 16 branches in IA |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Peoples State Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Wisconsin, nearest to Peoples State Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Wisconsin.