Personal Banking

PECB offers fully functional online banking, bill payment, and cash management options to qualified customers. For further information, see our Internet Banking demo, or ask your PECB account representative. We will be glad to explain the benefits and help you get online and on your way to enjoying the safe and convenient features of PECB Online Banking.

With several different types to choose from, we have something to fit everyone's need. PECB offers eChecking and interest bearing accounts. If you've had trouble with checking accounts or are uncomfortable handling one, we offer Fresh Start Checking. Please contact a PECB representative to see which account is the right fit for you.

Pony Express Community Bank is delighted to provide identity theft recovery services to all of our Express Club Checking accounts at no cost. Click here for the details.

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We offer traditional savings and money market accounts for your personal needs.

Time Deposits (formerly CD's) are offered in many varieties. These include time frames from three months to four years with deposit tiers $500-250,000. Please contact us for current rates.

PECB offers a wide variety of consumer loans with competitive rates and flexible terms. These include house, car, boat, and motorcycle loans just to list a few. Contact your local PECB loan officer today!

Roth IRA:

A Roth IRA is an individual retirement account that allows only nondeductible contributions, but features tax-free withdrawals for certain distribution reasons after a five-year holding period. The terms "tax free" means free from federal income taxes.

There are two requirements for eligibility to contribute to a Roth IRA:

You must have compensation (or your spouse must have compensation) and your modified adjusted gross income (MAGI) cannot exceed certain limits.

Tax Year Maximum Contribution Amount Catch-up Amount
2017 $5,500 $1,000
Traditional IRA:

If you are younger than age 70 1/2 for the entire tax year, and have compensation, you are eligible to establish a traditional IRA. Compensation is the salary or wages you receive as an employ.

Tax Year Maximum Contribution Amount Catch-up Amount
2017 $5,500 $1,000

A SIMPLE, or Savings Incentive Match Plan for Employees of Small Employers, is a salary reduction arrangement similar to a 401(k) plan. However, SIMPLE contributions are deposited into a unique SIMPLE IRA. This IRA can only accept contributions under a SIMPLE. No other IRA contributions are permitted.

Tax Year Maximum (Deferral Limit) Catch-up Amount
2017 $12,500 $3,000

Health Savings Accounts, or HSAs were created by Congress to combat rising medical costs by providing an incentive for more consumers to pay "first-dollar" medical expenses. An HSA, like an Archer medical savings account (MSA), is an IRA-like account that is designed exclusively for covering medical expenses incurred by the HSA account beneficiary (the person who establishes the account) and his or her dependents. However, there are some differences.

What are an HSA's benefits?

HSAs can provide significant tax benefits to eligible individuals. Not only can HSAs provide tax benefits related to paying qualified medical expenses, they may also provide benefits similar to many tax-favored retirement plans.

The Coverdell Education Savings Account is a nondeductible account that features tax-free withdrawals for a very specific purpose--a child's education expenses.


These accounts were formerly known as Education IRAs, and at first Graduateglance, a CESA my look similar to traditional or Roth IRAs. Higher education distributions are also permitted from these accounts, but while qualified higher education distributions from a traditional or Roth IRA are only penalty tax free, the same distributions from a CESA are penalty free and federal income tax free. Consult your tax or legal professional for further information regarding state or local income taxes.

The total aggregate contribution into one or more CESAs on behalf of a child is $2,000 a year.