© 2018 All Rights Reserved - Peoples State Bank of Munising

Welcome

Peoples State Bank of Munising, Michigan
Your Hometown Bank since 1910
Lost / Stolen Card Reporting Numbers: ATM-Debit Card: (800) 236-2442 Peoples State Bank Visa® Credit Card: (800) 883-0131 Apply Online eBanking After-Hours Support Line: (866) 263-0580 Contact us at: psb@psbup.com
Effective May 1, 2018 the prices for our Safe Deposit Boxes will be as follows: Sizes                    Cost 5x2 and 5x3          $15.00 5x4 and 5x5          $20.00 10x2 and 10x3       $25.00 10x5                     $40.00 10x10                   $50.00 Please note that not all branches have all sizes mentioned.  If you are interested in a certain size box, contact your branch location to check availability. ---------------------------------- IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING OR CHANGING AN ACCOUNT WITH PEOPLES STATE BANK The federal government has enacted new requirements under the Bank Secrecy Act for owners of businesses meeting the definition of a legal entity.  Effective May 11, 2018, the federal government will ask covered financial institutions, which include but are not limited to insured banks and federally-insured credit unions, to identify the two types of beneficial owners: those who satisfy the “ownership section” and those who satisfy the “control section.”  Ownership section – The term “beneficial owner” includes each individual who, directly or indirectly, owns 25 percent or more of the equity interests of the legal entity customer. Control section: The term “beneficial owner” means a single individual with significant responsibility to control, manage, or direct the legal entity customer (e.g., a Chief Executive Officer, Vice President, Treasurer, etc.). Therefore, each time an account is opened, whether a new or existing customer, the bank is required to obtain, verify, and record the identities of the beneficial owners of legal entity customers. If you have any questions regarding the new requirements, please contact us at 1-877-861-2520.
© 2018 Peoples State Bank of Munising - All Rights Reserved

Welcome

Peoples State Bank of Munising
PSB Clock
Lost / Stolen Card Reporting Numbers: ATM-Debit Card: (800) 236-2442 Peoples State Bank Visa® Credit Card: (800) 883-0131 Apply Online eBanking After- Hours Support Line: (866) 263-0580 Contact us at: psb@psbup.com
Your Hometown Bank since 1910
Effective May 1, 2018 the prices for our Safe Deposit Boxes will be as follows: Sizes                    Cost 5x2 and 5x3          $15.00 5x4 and 5x5          $20.00 10x2 and 10x3       $25.00 10x5                     $40.00 10x10                   $50.00 Please note that not all branches have all sizes mentioned.  If you are interested in a certain size box, contact your branch location to check availability. ---------------------------------- IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING OR CHANGING AN ACCOUNT WITH PEOPLES STATE BANK The federal government has enacted new requirements under the Bank Secrecy Act for owners of businesses meeting the definition of a legal entity.  Effective May 11, 2018, the federal government will ask covered financial institutions, which include but are not limited to insured banks and federally-insured credit unions, to identify the two types of beneficial owners: those who satisfy the “ownership section” and those who satisfy the “control section.”  Ownership section – The term “beneficial owner” includes each individual who, directly or indirectly, owns 25 percent or more of the equity interests of the legal entity customer. Control section: The term “beneficial owner” means a single individual with significant responsibility to control, manage, or direct the legal entity customer (e.g., a Chief Executive Officer, Vice President, Treasurer, etc.). Therefore, each time an account is opened, whether a new or existing customer, the bank is required to obtain, verify, and record the identities of the beneficial owners of legal entity customers. If you have any questions regarding the new requirements, please contact us at 1-877-861-2520.