We have a pandemic plan in place to ensure uninterrupted banking operations for all customers. The plan includes remote access capabilities, alternate work locations for employees, and continuity plans for critical operations if needed. Peoples State Bank is an FDIC insured bank. The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. For example, if a person had a CD account in her name alone with a principal balance of $195,000 and $3,000 in accrued interest, the full $198,000 would be insured, since principal plus interest did not exceed the $250,000 insurance limit for single ownership accounts.