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Safe Deposit Boxes
Cashiers Checks / Money Orders
Notary Service
Direct Deposit
Stop Payments
Night Deposit
Wire Transfers
Fee Schedule

 

 
Safe Deposit Boxes

Safe and secure. Store your valuables in a safe deposit box. Various sizes to accomodate everything from important papers and photos to coins or heirlooms.

  • Five sizes to choose from.
  • Available at both PGSB locations
  • See our Fee Schedule for sizes and annual fees

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Cashiers Checks/Money Orders

On those occasions when personal checks are not accepted we have cashiers checks and money orders available.

  • Money Orders available up to $1,000 in value
  • Cashiers checks available for any amount
  • Nominal fees apply, see our Fee Schedule

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Notary Service

Have a legal or official document that needs a notary? We have registered notaries available for PGSB customers at both locations.

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Direct Deposit

Direct deposit is a safe and secure way to have your money deposited into your checking or savings account. The most common use of direct deposit is for payroll. When you use direct deposit, you allow your employer to electronically transfer money into your account. So instead of taking the time to cash a check yourself, the money will automatically be deposited into your accout on an agreed upon date. It’s that simple.

  • SECURITY – With Direct Deposit, you don’t have to worry about lost, stolen and misplaced checks.
     
  • RELIABILITY – You no longer need to wait for your check to arrive in the mail. You can have peace of mind knowing your money will always be in your account on time.
     
  • FLEXIBILITY – Direct Deposit is most often used to deposit money into a checking or savings account. If you decide to switch accounts or change financial institutions, it’s easy to change your direct deposit arrangements – simply fill out a form and provide your written authorization.
     
  • CONVENIENCE – No more special trips to cash your check – a nice feature if you’re on vacation or away on business.
     
  • AVAILABILITY – Payroll checks, Federal – State – Local government checks such as Social Security, SSI, Civil Service, Railroad Retirement, VA, retirement and unemployment payments. Also Pension payments, income from investments and other types of payments.

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Stop Payments

Did you write a check that you don’t want paid? We can place a stop payment and not pay the check should it come to us.

  • A Stop Payment can be placed on checks and Automated Clearing House (ACH) items.
  • A Stop is valid for 6 months from the date it is placed.
  • Stops must be in writing to retain the 6 month hold.
  • Stops made orally are only valid for 14 days but will be extended to 6 months once verified in writing.
  • See our Fee Schedule for our current Stop Payment fee.

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Night Deposit

Need a way to deposit after hours? Night deposit is the answer. Either personal or business, night deposit offers the security of dropping off your deposit to be processed on the next business day.

  • Night Drops available at each location.
  • Night Deposit bags available for a nominal fee.

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Wire Transfers

We can accept or send wire transfers to or from your account.

Wire Transfer Deadlines:

Outgoing Electronic Wires - 5 p.m. CST

Outgoing Phone Wires - 3 p.m. CST

Outgoing International Wires (Phone and Electronic) 3 p.m. CST

Incoming Domestic and International Wires 5 p.m. CST

Incoming Wire Transfer:

See our Fee Schedule for current Incoming Wire fees. Please note that additional fees by the sender or processors in-between may reduce the original amount of the wire transfer before it reaches Poplar Grove State Bank.

To receive money in your PGSB account please provide the sender with the following information:

  • Wire To: (Receiving Bank)
    TIB Dallas
     
    ABA / Routing Number: 111010170
     
  • For Credit To: (Beneficiary Bank)
    Poplar Grove State Bank
    109 N. State St. PO Box 280
    Poplar Grove, IL 61065-0280
     
    Account Number: 071922094
     
  • For Further Credit To:
    Your Name, Address and PGSB Account Number

Incoming Foreign Wire Transfer:

See our Fee Schedule for current Incoming Wire fees. Please note that additional fees by the sending bank or any banks that handle the wire before it reaches Poplar Grove State Bank may reduce the amount of the original proceeds. Please also note that foreign wires could take days to process.

To receive money in your PGSB account please provide the sender with the following information:

The wire must be sent in USD Dollars Only with a SWIFT Code

  • Wire To:
    TIB – The Independent Bankers Bank USA
    SWIFT CODE – TIBBUS44

  • For Credit To:
    071922094 Poplar Grove State Bank

  • For Benefit of:
    Your Name and Poplar Grove State Bank Account Number

You must call us to let us know that you are expecting a Foreign Wire transfer into your account. Please provide us with the following information:

     Name of the Bank Sending the Wire
     Date the Wire was Sent
     Amount of the Wire
     Your Poplar Grove State Bank Account Number


Outgoing Wire Transfer:

See our Fee Schedule for current Outgoing Wire fees. Outgoing Wires must be initiated in person with your signature.

To send money from your PGSB account please provide us with the following information:

  • Amount $
     
  • Your Name, Address and PGSB Account Number
     
  • Wire To:
    Name of Receiving Bank
    Address of Receiving Bank
    ABA / Routing Number of receiving bank (9 digit number)
     
    * Special Note: Be sure to ask for the Bank's wiring ABA/Routing Number. Do not assume that it is the routing number at the bottom of the receiver's checks.
     
  • For Credit To: (All information required)
    Name of party to receive wire
    Address of receiver
    Receiver’s account number

Outgoing Foreign Wire Transfer:

See our Fee Schedule for current Outgoing Wire fees. Please note that additional fees by the receiving bank or any banks that handle the wire after it is sent by Poplar Grove State Bank may reduce the amount of the original proceeds. Please also note that foreign wires could take days to process:

To send money from your PGSB account please provide us with the following information:

  • Amount:
    Indicate the amount and if it is in US dollars or in a Foreign Currency.

    Purpose of the wire if amount is over $3,000 Us dollars or foreign equivalent.
     
  • Your Name, Address and PGSB Account Number
     
  • Wire To:
    Name of Receiving Bank
    Address of Receiving Bank
    City and Country and Branch Name if applicable
    Bank’s SWIFT Code
     
  • Credit To:
    Name of party to receive wire
    Address of receiver
    Receivers Account /*IBAN number

What is an IBAN?

An IBAN is comprised of the beneficiary’s account number, prefixed by the ISO country code and two check digits. The length of an IBAN varies from country to country but has a maximum of 34 alphanumeric characters.

Where do I get an IBAN?

Only the beneficiary’s bank can provide the correct IBAN for their account. Never try to guess at an IBAN. The Beneficiary should always be contacted for the information.

What happens if I don’t use the IBAN?

Transactions placed without an IBAN may be rejected or delayed, payments in currencies other than Euros may be refused or assessed “repair” fees if the payment is forwarded without an IBAN. We will require an IBAN in order to process a wire unless the receiving bank indicates that they do not have one.

Can I verify an IBAN?

To verify an IBAN, you can visit http://de.physnet.net/PhysNet/iban.html. Enter the number without any dashes or spaces and do not include the word “IBAN” in the field itself.

ALL OUTGOING WIRES MUST BE PLACED AT ONE OF OUR OFFICE LOCATIONS IN ORDER TO VERIFY IDENTITY AND TO OBTAIN PROPER SIGNATURES.

NOTE: To process on the same business day we must have all information by 1:00pm Central Time. We are not responsible for entry of credit on the receiving end or any fees that they may charge. Please check with the bank receiving the wire to find out their policy on posting wire transfers and possible fees.

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