328 Main St., P.O. Box 357, Elma, IA 50628

Phone: 641-393-2301 * Fax: 641-393-2556 * www.psbiowa.com

A Division of Security State Bank of

Sutherland, IA

Don’t forget to follow us on Facebook! Search for Peoples Savings Bank Elma on Facebook then click like!

2020

In an effort to keep our customers and staff healthy during this pandemic here are few things we are doing and asking our customers to help us with:

If you plan to come into the bank a face mask is required.

Our drive up window is open for your convenience and safety. Hours are Monday- Friday from 7:00 AM to 3:30 PM and Saturday from 7:30 AM to 10:00 AM.

Please call ahead to make an appointment with a loan officer for your loan and lending needs. This will assure that the officer you wish to talk to is available and will cut down on your waiting time.

If you are opening a new account (checking, savings, TCDs) please call us ahead of time and we will be happy to get the paper work ready for you to sign and let you know what information we will need from you. This will shorten the waiting time.

We are accepting loose coin. If you bring in large amounts, you may have to leave it with us and we will contact you once we have it counted.

On Saturday mornings we will do our best to take care of your needs, but please be aware that we have the drive up window open only. Also, we have limited staff on Saturday mornings and some things may have to be taken care of on Monday or the next business day.

We value you as our customer and appreciate your business. Thank you. Peoples Savings Bank Staff

Check out this

section in the newsletter.

We highlight a different

business every month.

This month’s feature is….

ELMA MEDICAL CLINIC

pg. 4, 5

Business

Spotlight

July 31 Deadline for CHALK THE WALK, see details on pg. 6

NO ACTIVITES FOR COLONIAL MANOR UNTIL FUTHER NOTICE. Aug. 10 Bridge Organization Meeting, 5:30 p.m. at the community room at Peoples Savings Bank. Aug. 10 Elma City Council Meeting, 7:00 p.m., School gym. Aug. 14 City of Elma Recycling, Jendro Sanitation. Like us on Facebook, updates will be posted. Aug. 28 City of Elma Recycling, Jendro Sanitation. Like us on Facebook, updates will be posted.

HOLY ROSARY CLUSTER MASS SCHEDULE FOR AUGUST Aug. 1, 8, 15, 29, 4:00 p.m. OLL-Lourdes. Aug. 1, 8, 22, 29, 6:00 p.m. St. Bernard’s -Alta Vista. Aug. 22 4:00 p.m. St. Peter’s-New Haven. Aug. 2, 9, 16, 7:15 a.m. IC-Elma. Aug. 9, 16, 30, 9:00 a.m. IC-Riceville. Aug. 16, 10:45 St. Peter’s-New Haven. Aug. 23 10:30 a.m. IC-Riceville CLUSTER MASS AND SOCIAL. Aug. 30, 10:45 a.m. IC-Elma. ————————————————————————————————————————————

ST. PETER LUTHERAN CHURCH, ELMA SCHEDULE FOR AUGUST Sunday Services @ 9:00 a.m. COVID-19 RULES APPLY

Feel free to give Pastor Korth a call if you have a need or concerns Ph. 641-529-0970

ST. PAUL’S MAPLE LEAF LUTHERAN CHURCH SCHEDULE FOR AUGUST Aug. 2, 9, 16, 23, 30, 10:00 a.m. Worship Service.

2

Peoples Savings Bank provides a variety of ways to bank!

PHONE BANKING is available by calling 641-393-2750

or 877-540-7444.

MOBILE BANKING including mobile deposit. Sign up with

online banking to get started.

ONLINE BANKING—go to www.psbiowa.com to sign up.

ATM’s available for cash needs (Available at southwest

corner of PSB and in Alta Vista at Peoples Insurance.

Locate other surcharge free ATM’s in the Privileged Status

networking by going to shazam.net to find a location.)

NIGHT DEPOSIT DROP (Available at southwest corner of

PSB, processed daily, Mon.–Fri. and in Alta Vista at Peoples Insurance

picked up Mon., Wed., Fri. and processed that day). Please put your

items in an envelope with clear instructions on what you want done. www.psbiowa.com

641-393-2301

Please call as we can walk you through these

alternative ways of banking!

BRIDGE BUCKS

Are available at Peoples Savings Bank. They are gift certificates like checks, issued in increments of $5 and up to max of $25. They may be redeemed at most Elma Businesses. Would make great Birthday, Anniversary, Wedding, Graduation and Christmas gifts.

INVESTMENTS Terms in Months Min. Balance APY

6 $1000.00 .40%

9 $1000.00 .40%

12 $1000.00 .60%

18 $1000.00 .60%

24 $1000.00 .70%

30 $1000.00 .70%

36 $1000.00 .80%

48 $1000.00 .90%

60 $1000.00 1.00%

————————————————————

6 $10,000.00 .60 %

9 $10,000.00 .60%

12 $10,000.00 .80%

18 $10,000.00 .80%

24 $10,000.00 .90%

30 $10,000.00 .90%

36 $10,000.00 1.00%

48 $10,000.00 1.10%

60 $10,000.00 1.20%

SUBSTANTIAL PENALTY FOR EARLY WITHDRAWAL. MEMBER FDIC. These rates are effective July 21st, rates may change weekly on Tuesdays. For current yields, please call the bank at (641) 393-2301.

APY= Annual percentage yield.

ATTENTION:

To all our Young Super Saver Customers under

the age of 18...

Stop in and make a deposit of $5.00 or more into your

personal savings account and become eligible to have your name in a drawing held once a month, around the 20th, for a free gift. Winners will be listed in the following news-letter. Also, don’t forget to bring your Report Cards in for Crackin’ the Books. We will pay you for your grades. JULY Super Saver Winners:

Marina Burke Caleb Cotton

Glen Leid Kaylyn O’Brien Macoy O’Brien

Charlie Roethler Titus Roethler

Abigail Retterath Shane Shirk

Derek Zimmerman Stop in and pick up

your free gift!!

4

PSB PRODUCTS AND SERVICES

PSB WEBSITE: www.psbiowa.com.

INTERNET BANKING: Sign up now by going to our website www.psbiowa.bank. Getting the most current banking information is a powerful feature. You will be able to keep track of your accounts, giving you more control over your money. Some of the Banking tasks you will be able to do are:

*Check current balance

*Transfer money between accounts

*Access interest information

*View transaction and activity information

*View and print an entire statement

*Reconcile your account without waiting for

a monthly statement

*View both current and previous months’ statements

*And much more

*You can NOW see images of checks/deposits.

E-STATEMENTS: Sign up at the bank or call to enroll. Once you have signed up you will receive an email telling you your statement is available in Online Banking.

MOBILE BANKING: Sign up by going to our website, must be singed up with internet banking first www.psbiowa.com. Or contact us and we will help you sign up.

MOBLE DEPOSIT: Contact us to sign up.

24 HOUR VOICE ACCESS: You may call 24 hrs. a day, 7 days a week to receive bank information on your account. Call (641) 393-2750 or (877) 540-7444.

GIFT CARDS: Peoples Savings Bank has Gift Cards available for any occasion. The minimum amount to apply on a card is $10.00. These gift cards may be used at any merchant location where debit cards are accepted. There is a $2.00 fee for each card. Stop in and see us for more details.

LOCK BOXES: Available for rent $15-$25 per year.

Moving? Don’t forget to call us with your new address, phone numbers etc.

“We hope to wrap up the construction of the Medical Clinic building soon. We have worked for years to bring medi-cal services back to Elma and are excited about the range of services Regional Health Services of Howard County will soon be offering,” shared Bruce Weigel, committee member.

“Well child checks, physicals, prenatal visits, lab services, mental health services, acute visits, and some pharmacy services are some of the services we plan to offer in Elma,” shared CEO Robin Schluter. The medical clinic is located on the Blue Bird Block on Busti Avenue in Elma and will be open Monday through Friday with a rotation of Regional Health providers. RHSHC will provide primary

family practice services, obstet-ric care, and mental health ser-vices in Elma and offers a vari-ety of other inpatient and out-patient services at the hospital campus in Cresco. In addition, RHSHC providers and staff will help patients with referrals to

higher levels of care and specialists when needed. Currently, Specialists coming to Cresco RHSHC include: Cardiology, General Surgery, Orthopedics, Ear, Nose, and Throat (ENT), Podiatry, Ophthalmology (Cataract Surgery), Urology, and Audiology.

“We are grateful for the support of this project whether it be financial or volunteer labor that has gone into the building of the medical clinic. We are excited about the range of services RHSHC is willing to offer and their abilities to work with other networks if patients need advanced care. Now, it will be up the community to use these local services,” added Weigel.

About the Elma Community

Complex Project:

The building of the medical clinic is the second phase of the Elma Community Complex Project. The multi-phase project enhances the services of the following nonprofits – daycare, library, medical clinic and city. The first

phase of the ECC project involved deconstructing the brick school building, completed in April. The second phase was the construc-tion of the medical clinic. Once the medical clinic is complete, the committee hopes they can move into the third phase of the project which will

be to repurposing a portion of the gymnasium into a city clerk's office and multipurpose communi-ty room. This handicap accessible room with kitchenette will be used for library programming for adults and youth, community meetings and gatherings. Capacity will be around 50 people. (con’t)

Corn and Beans As of this writing, cash corn is $3.02 and cash soybeans are $8.52. Corn is $.01 higher and soybeans are $.18 higher than one month ago. Septem-ber corn futures are $3.33, with support at $3.30 and then at $3.26, resistance is at $3.35 and then at $3.39. August soybean futures are $8.98, with support at $8.94 and then at $8.88, resistance is at $9.00 and then at $9.06. Weather premium in the market was pulled back as the predicted dome of extreme heat and dryness didn’t develop adequate car-ryover supplies more than make up for any stress areas. Some parts of the eastern corn belt and southwest corn belt are stressed, but most of Iowa and Minnesota have good or near record crops. Soybeans are technically stuck in a trading range as we wait for a breakout in either direc-tion. Traditionally July rallies in soybeans are rallies to be sold. China has re-emerged as a strong buyer of U.S. soybeans, corn, and even some wheat. Corn purchases gave the market psychological support.

Commitments to China are now 74 million bushels. For the 2020-21 marketing year corn commitments are up 146 million bushels. China’s highest yearly purchases were 203 million bushels in the 2011/12 market-ing year. It’s tough for the market to get to optomisitc when the relation-ship between the U.S. and China is this stressed, with possible long-term consequences. This week both countries accused the other of “bullying” behavior. Issues are who’s to blame for this historic pandemic and Hong Kong autonomy, who controls the South China Sea, China’s persecution and possible genocide of an ethnic minority. If you have any contracts to price or grain to sell don’t wait until the end of August to pull the trigger. The market has a tenancy to put in lows at the end of August.

Feel free to contact Logan, Sam or myself with your marketing plans or concerns. Doug Uthe.

Cattle Cash cattle are $98 to $99, down $3 to $4 from last month. Market ready cattle supplies remain above year earlier levels with higher cattle weights due to previous Covid 19 slowing of slaughter plants.

Hogs Cash hogs are $32, up $2 from last month. Large supplies of heavy-weight hogs continue to pressure the market.

5

ASK US ABOUT OUR MERCHANT PAYMENT OPTIONS PROGRAM If you are a business small or large and want to be able to accept credit cards, debit cards, gift cards and more we may have just the service to help you. If you are currently using a program, check with us to see if you could benefit by switching to our program. Same day credit is just one of the possible benefits. Stop in, call or e-mail us today.

The community room will serve as a temporary location for the three year old preschool pro-gram until daycare addition is complete. The fourth phase involves adding a larger infant room onto the existing daycare and repurposing the current in-fant room into a 3-year-old pre-school. The fifth phase is reno-vating the remaining portion of the gym into a library, then wrapping up the project by finishing the parking lot and landscaping.

The committee is still actively fundraising, and the project will be done in phases as funding allows. The goal is to raise

$1.2 million with over $500,000 committed thus far.

“"The Coronavirus pandemic has slowed our fundraising but we still have been moving forward,” shared Erin Ludwig, committee member. Recent fundraising efforts have includ-ed: Fish Fry, Lottery Ticket & Grocery Raffle, Tossed & Found Grant, Library ERate funding, concession stand at Elma’s and Lourdes’s tractor pull, along with individual and business donations of time, supplies, and money.

“We will soon be launching a new campaign as we recently had a new donation that we are

needing to match which will hopefully allow us to proceed with the next phases of the project. All size donations are welcome and appreciated,” added Ludwig.

For more information on the Elma Clinic, contact Kyle Teeling, VP of Ancillary Services at Regional Health Services at 563-547-6313 or Shannon Gebel, Elma City Clerk at 641-393-2543. You may also watch for updates to be posted to rhshc.com and elmaia.com, as well as the ‘Regional Health Services of Howard County’ and ‘Elma Iowa’ Facebook pages

6

GROCERY RAFFLE $5.00 per ticket—5 tickets for $20.00

Prizes Include:

(10) Half Hogs, (5) 25lb hamburger bundles, and many gift certificates.

Thank you to these donors:

Deerfield Locker, Elma Locker, KMAX Farms, Log Cabin Produce, Ludwig Farms, Maple Lane Grocery, and Zimmerman Produce.

Proceeds to benefit the Elma Community Complex

Drawing for prizes on August 15, 2020

Winner need not be present to win.

Tickets available at City Clerk’s Office, Elma Library, Elma Locker, Deerfield Locker and Peoples Savings Bank.

RAFFLE

ELMA AND ALTA VISTA

Fri., Aug. 21st 8:00 a.m.—4:00 p.m.

Sat., Aug. 22nd 8:00 a.m.—2:00 p.m.

Call Marsha at 393-2571 by Aug. 7th

to be put on the list.

ATTENTION KIDS: Peoples Savings Bank

is sponsoring...

CHALK THE WALK CHALLENGE

Get out your sidewalk chalk and decorate your sidewalk, driveway or even the bike trail! Share a picture of your artwork and be eligible to win prizes!

Email picture of artwork only to psb@psbiowa.com by July 31, 2020 and include name and age. All pictures will be posted on the Peoples Savings Bank Facebook page and displayed at the bank. Partici-pants must be 18 years and under. One entry per participant.

NOTICE:

EFFECTIVE

IMMEDIATELY

Peoples Savings

Bank will be open

DRIVE-UP ONLY

on SATURDAYS.

If you bring coins in on Saturday, it may not get

counted until the following business day. Thank you.

7

AUGUST 2020 LIBRARY LIMELIGHT

Elma Public Library Website: www.elma.lib.ia.us

Look for us on Facebook - Phone 641-393-8100

Open Hours at the Library: Monday 10 AM - 6 PM, Tuesday 1 - 6 PM, Wednesday 10 AM - 7 PM, Thursday 10 AM - 6 PM, Friday 10 AM - 2 PM, Saturday 10 AM - 2 PM, Sunday - Closed **We will ask that you wash your hands and use hand sanitizer upon entering the building. **Only 2 computers will be available at a time, one person per computer with a 30 minute time limit. **Please respect Social Distancing guidelines.

Summer Reading Program: August: Receive 1 Scratch ticket per week when you visit the library to do an activity or check out books. If you

get a winning scratch ticket you will receive a small prize or if you get a non-winning ticket you will put it in a drawing for a big prize at the end of the summer.

Take & Make activities - we will have activities bagged up that children can take home and make.

Thank You Thank you to these businesses who have so generously donated to our Summer Reading Program. The children who are participating have really enjoyed the ‘Take & Make’ crafts the library staff has put together. Your support means the world to our library and its programming for the community. THANK YOU to Paula’s House of Styles, Dr. Z’s Auto Clinic and Wemark Chiropractic Facebook: Most up to date information for the library. The best way to find out what ’s going on at the library is to go to the Elma Public Library and ‘Like’ us or share our posts on facebook. Memorials: Bryce and Mary Ellen Larson gave in memory of Jack Whitinger, Pat and Renee Burke gave in memory of Elsie Ludwig and Agnes Novak, Dean & Paula Zweibohmer in memory of Agnes Novak. Donations: The Agnes Novak family donated additional subscription time to the Riceville Newspaper for the library. Kendra Kleespie donated children’s books and craft supplies.

Books for Adults: American Pit Bull Terrier by Favorito, F., Social Nonsense by Doug Shaw, The McDougall

Program-12 Days to Dynamic Health, The McDougall Program for Maximum Weight Loss and The McDougall

Quick & Easy Cookbook by John McDougall, MD, Beholding and Becoming by Ruth Chou Simons, The Pale-Faced

Lie by David Crow, Ten Days in a Mad-House by Nellie Bly, The Cliff House by RaeAnne Thayne, The Family

Journal by Carolyn Brown, Breakfast at the Honey Creek Café by Jodi Thomas, Daddy’s Girl by Danielle Steel,

Truth Stained Lies by Terri Blackstock, Hideaway by Nora Roberts, Fair Warning by Michael Connelly, Revenge by

James Patterson, Selah by Lisa T. Bergren, Rosanna’s Gift by Susan Lantz Simpson, Starfish Pier by Irene

Hannon.

Books for Youth: The One and Only Ivan by Katherine Applegate, The Story Book Knight by Helen & Thomas

Docherty, It’s Not Easy Being a Bunny by Marilyn Sadler, The Berenstain Bears Get the Gimmies and Go Back to

School by Stan & Jan Berenstain, Virtual Reality Dinosaurs by Britannica, Ida B. Wells-Let the Truth Be Told by

Walter Myers, The First Dog by Jan Brett, Alexander, Who Used to Be Rick Last Sunday by Judith Viorst,

Cock-A-Doodle Dudley by Bill Peet, A Kid’s Guide To African American History by Nancy Sanders, The Clock Work

Dynasty by Daniel Wilson, It Could Always be Worse by Margot Zemach, The Detective’s Assistant by Kate

Hannigan, The Boxcar Children Mystery Ranch and The Yellow House Mystery by Gertrude Warner,

Mighty Robot-The Mecha-Monkeys from Mars by Dav Pilkey, Shark Attack!-Ninjago by Julia March, Mr. Bubble

Gum by William Hooks.

New Movies: Free Willy 1 & 2, Frozen II,

Team Up with Thomas, The Berenstain

Bears Disk 5, Godzilla-King of the Monsters,

1917, All Saints, Beautiful Day in the Neigh-

borhood-Tom Hanks, Motherless Brookly.

PO BOX 357 • ELMA, IOWA 50628

ADDRESS SERVICE REQUESTED

FOR YOUR INFORMATION ...To be included in the monthly drawings for gift certificates, please bring your newsletter labels

in the bank by the 20th of the month. CUT OUT THE LABEL ON THE DOTTED LINES.

PRSRT STD US POSTAGE

PAID

ELMA, IOWA 50628 Permit No. 18

641-393-2301 www.psbiowa.com Elma IA 50628

PSB HOURS: Lobby: Monday –Friday 7:30 a.m.—3: 00 p.m.

Drive-Up: Monday-Friday

7:00 a.m. –3:30 p.m. Saturday

7:30 a.m. - 10:00 a.m.

Elma and Alta Vista ATM/Night Drop Avail. 24/7

All business conducted after 3:00 p.m. will be posted on the next business day.

ATM activity conducted after 3:00 p.m. will be posted the next business day.

328 Main St. PO Box 357

Elma, IA 50628

Ph.: 641-393-2301 Fax: 641-393-2556

www.psbiowa.com

PSB will be glad to print community-

oriented information in the CALENDAR

OF EVENTS feature of our newsletter. If

you have an item to submit, please

contact us at (641) 393-2301. Deadline

to submit an item is the 15th of the

month preceding the event.