MEMBER FDIC 328 Main St. * P.O. Box 357 * Elma, IA 50628 * Ph.: 641-393-2301 * Fax: 641-393-2556 * www.psbiowa.bank

PEOPLES SAVINGS BANK

Will be CLOSED

Monday, February 20th

Check out this section in the

newsletter. We will highlight a

different business or

organization every month.

THIS MONTHS FEATURE IS...

OSAGE MOTEL & LOUNGE

PG. 7

Business or

Organization

Spotlight

IN 2017 PEOPLES SAVINGS BANK WILL BE CELEBRATING 90 YEARS!

If you have Peoples Savings Bank memorabilia that you would let us display at the bank please let us know. We will return it to you when done. We are

also seeking any stories or historical pictures about our bank. See Erin At PSB if you have

something to share. Thank you.

See page 5 for history.

“We are a “small town” community bank offering the services of the “big” banks with local decisions. We have

put a plan in place that will allow us to remain an independent community

bank well into the future. Most of our stockholders are local, they

Understand agriculture and the communities we serve.“

Bruce Weigel, President

Ag Lending Team:

Bruce Weigel, Brad Shatek,

Sam Rasmussen, and Doug Uthe

641-393-2301 www.psbiowa.com Elma Iowa

Come see why we

are considered an

“Ag” bank.

Feb. 1, 8, 15, 22 St. Paul’s Maple Leaf Lutheran Church Confirmation, 7:00 p.m. Feb. 2 Feb. 3 Peoples Savings Bank will be serving refreshments, everyone welcome. Come in and enjoy a treat and social time. Feb. 2 1:00 p.m. Afton Oaks Euchre Tournament. Feb. 3 City of Elma Recycling, Jendro Sanitation. Feb. 5, 12, 19, 26 St. Paul’s Maple Leaf Lutheran Church Sunday School, 9:00 a.m. Feb. 5, 12, 19, 16 St. Paul’s Maple Leaf Lutheran Church Worship, 10:00 a.m. Feb. 7 6:00 p.m. Colonial Manor Music by Tim Howland. Feb. 8 Colonial Manor Birthday Meal. Feb. 9 3:00 p.m. Colonial Manor Spiritual Time with Becky Ullom. Feb. 9 Knights of Columbus monthly meeting, 7:30 p.m. at the Elma Memorial Hall. Feb. 9 1:00 p.m. Afton Oaks Euchre Tournament. Feb. 11 2:30 p.m. Colonial Manor Music by “Country Traditions”. Feb. 13 9:30 a.m. Colonial Manor “Animal Antics” by Larry Reis. Feb. 13 Bridge Organization Meeting, 5:30 p.m. at the community room at Peoples Savings Bank. Open to the public. Feb. 13 7:00 p.m. Elma City Council Meeting. Feb. 13 1:30 p.m. Colonial Manor Auxiliary Meeting. Feb. 14 Feb. 14 2:00 p.m. Colonial Manor Ecumenical Service by Dan & Sue Christensen. Feb. 15 12:30 p.m.—2:30 p.m. Elma Public Library Game Day. Feb. 16 1:00 p.m. Afton Oaks Euchre Tournament. Feb. 17 City of Elma Recycling, Jendro Sanitation. Feb. 20 Peoples Savings Bank will be CLOSED.

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Here's a little groundhog furry and brown He's coming up to look around If he sees his shadow, down he'll go Then six more weeks of winter, OH NO!

PSB PRODUCTS AND SERVICES

PSB WEBSITE: Not only does our website have a new look, it also has several new features for you to enjoy. We will still have the same address – www.psbiowa.bank.

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 receive statements by e-mail.

MOBILE BANKING: Sign up by going to our website www.psbiowa.bank. Or contact us and we will help you sign up.

MOBLE DEPOSIT: Contact us to sign up.

REMOTE DEPOSIT CAPTURE: Ask us for details.

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.

We have available:

Presidents Dollar coins…United States Mint Proof Sets.

Black Leather check book/wallet…$9.00

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

3

CON’T

Feb. 21 10:00 a.m. Colonial Manor Music by Curt & Linda. Feb. 23 1:00 p.m. Afton Oaks Euchre Tournament. Feb. 23 3:30 p.m. Colonial Manor Ecumenical Service by Rev. Tim Sir. Feb. 26 33rd Annual Elma Sportsmen’s Sports Show, 8:00 a.m.—3:00 p.m., Alta Vista Memorial Hall. Mar. 1

Iowa Finance Authority is holding Beginning Farmer Regional Workshops in

February at these locations:

Feb. 14 Calmar

Feb. 16 Waterloo

Feb. 22 Emmetsburg

Feb. 23 Fort Dodge

Feb. 28 Mason City

IFA has Beginning Farmer programs consisting of Loan Program, Tax Credit, Custom Farming Tax Credit, DNR Lease to Beginning Farmer Loan

Participation.

The programs essentially allows people working with an eligible Beginning Farmer to follow specified rules and application processes to be eligible to earn Iowa tax credits for: leasing their land to a Beginning Farmer , hiring a Beginning Farmer to do custom work, or loan money to a Beginning

Farmer.

Who should attend these meetings or go to the IFA website? Beginning Farmers and anyone wanting to earn an Iowa Tax Credit by renting land and/or buildings to an eligible Beginning Farmer or hire an eligible

Beginning Farmer to do custom work.

For more information go to: www.iowafinanceauthority.gov/

Or ask a loan officer at Peoples Savings Bank.

INVESTMENTS Terms in Months Min. Balance APY

6 $1000.00 .55%

9 $1000.00 .60%

12 $1000.00 .70%

18 $1000.00 .75%

24 $1000.00 .80%

30 $1000.00 .90%

36 $1000.00 1.15%

48 $1000.00 1.50%

60 $1000.00 1.75%

————————————————————

6 $10,000.00 .65%

9 $10,000.00 .70%

12 $10,000.00 .80%

18 $10,000.00 .85%

24 $10,000.00 .90%

30 $10,000.00 1.00%

36 $10,000.00 1.25%

48 $10,000.00 1.60%

60 $10,000.00 2.00%

SUBSTANTIAL PENALTY FOR EARLY WITHDRAWAL. MEMBER FDIC. These rates are effective Jan. 24th, rates may change weekly on Tuesdays. For current yields, please call the bank at (641) 393-2301.

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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 newsletter. Also, don’t

forget to bring your Report Cards in for Crackin’ the Books. We will pay you for your grades. Keep up

the good work!

JANUARY Super Saver Winners: Kayla Burke Mija Cotton

Taleah Dohlman LilyanaFair

Al Holdeman Debra Lane

Mila Meirick Kaitlyn Reiff Hayden Ries

Jason Zimmerman

Stop in and pick up your free gift!!

THE SHAZAM BOLT$ APP is enhanced with CONVENIENCE AND

SPEED. Identifying Potential FRAUD, MONITORING ACCOUNTS and

finding ATMS is easier and faster.

Download the SHAZAM BOLT$ APP

Today and experience the SAFETY,

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accounts wherever the road takes

you.

SHAZAM BOLT$ provides alerts for:

Purchases exceeding cardholder-defined thresholds

Card-not-present purchases (phone and Internet)

Suspicious or high-risk transactions

SHAZAM BOLT$ CAN INSTANTLY:

Send fraud alerts 24/7

Block & unblock your card

Locate ATMs, nationwide

Provide account balance information

ELMA SPORTSMAN CLUB 33rd ANNUAL SPORTS SHOW

February 26, 2017 8:00 a.m.—3:00 p.m. Table rent $10 ea. $3.00 admission per person 12 and under Free Alta Vista Hall, Alta Vista, IA

Buy, Sell or Trade

Gun Raffle

Food available on site

For more information or table rent

Contact Brian Roethler

Ph. 641-220-1290

ROLLER SKATING IS BACK!!!

The following dates are subject to change

due to bad weather or Memorial Hall is

previously rented by someone else. If

Howard-Winn School lets out early or

cancels due to bad weather there will be NO skating.

Admission is $2.00 includes skates.

Ages/times are:

0-3rd grade 6:00-7:30 p.m.

4th grade-adults 7:30-9:00 p.m.

NO ROLLER BLADES PLEASE!

Please follow age/time guidelines. This is to ensure that no one gets injured. Any questions please call

Kris Thiele @ 641-220-4933 or Trent @ 641-220-0276

Jan. 27 Feb. 17 Mar. 17

Feb. 3 Mar. 03 Mar. 24

Feb. 10 Mar. 10 Mar. 31

SEEKING EMTS AND FIRST RESPONDERS IN ELMA / ALTA VISTA AREA

The Elma/Alta Vista area is in need of more first responders and EMTs to serve the area. Depending upon where you live and ambulance availability, the Elma / Alta Vista area is served by the Riceville, New Hampton, or Cresco

ambulance services. Response time can vary and first responders and EMT’s play a critical role in emergencies.

An EMT Certification course is being offered by NICC in Cresco and Calmar beginning January 9th

and there is a possibility that one may be offered in St Ansgar by Riverland College of Austin beginning in January as well. An

Emergency Medical Responder Hybrid Course is being offered in Calmar beginning in February.

Some funds have been raised locally to reimburse people who complete the course and agree to serve the Elma/Alta Vista area. If you wish to donate to this cause, please send donations to BRIDGE, PO Box 15, Elma, Iowa 50628. Please note on your donation that it is for EMT/First Responder Training. If interested in becoming a first

responder or EMT or to get details of the course options, please contact Joe Thraenert at 563-419-6613.

Business or

Organization

Spotlight

OSAGE MOTEL

& LOUNGE

Feb. 2017

In December of 2016 Ron & Donna Hinderks celebrated 40 years of owning and operating the Osage Motel & Lounge in Osage. They are proud of their longevity and that they are known for offering quiet, friendly, and affordable accommodations whether someone is in need of something to drink or eat, looking for something to do, or a place to stay.

Osage Motel & Lounge is located on the east side of Osage on the north side of HWY 218. They have 18 motel rooms and a lounge where they serve drinks and food such as pizzas

and corn dogs. Within the bar and lounge area they have Cherry Master Machines, MegaTouch Quarter Ma-chines, 2 pool tables, a dart board, an ATM and plenty of room for the peo-ple to come in and play games such as cribbage or to watch sporting events on television. They also have a variety of tourism information and pamphlets, and sell lottery tickets.

Olaf Staff built the motel in 1952 and started with 8 rooms and a living quarters. At that time rooms were around $2 per night. In 1954 5 rooms were added and then another 5 were added in 1975. In 1976 Ron and Donna were living in Indiana at the time when his sister who was living in Osage called them and said the motel was for sale. Ron and Donna purchased the motel and have been running it ever since! Over the years they have added on, remodeled and have been progressive in keeping up with the times such as adding cable

tv and wireless internet.

In 2000 the bar was added to the motel, which has been a great addi-tion since someone is always onsite for managing the motel. They host coed pool leagues – Minnesota Pool League on Wednesday nights and Charles City Pool Leagues on Thursday nights. Each Saturday night they have an open pool tourna-ment starting at 7pm.

They are open 7 days a week open-ing at 7 am every day except Sunday when they open at 7:30am. Word of mouth has been their most effective advertising. They also sponsor 5 pool teams, 2 bowling teams, 1 softball team, and three derby cars – one in Nashua, Osage and Deer Creek.

Ron and Donna have 2 part time em-ployees and their son, Randy, who also helps with maintenance, staffing the bar and with a variety of other odd jobs around the business. Their daughter Shelley, who lives in Portland, Oregon, designed their website (www.osagemotel.com).

OSAGE MOTEL & LOUNGE

Ron & Donna Hinderks

2215 HWY 218

Osage IA 50461-8337

641-732-3785

www.osagemotel.com

Left -1950’s

Right –1974

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FEBRUARY 2017 LIBRARY LIMELIGHT

The library needs your help. We are undertaking an investment opportunity to

keep our library going and growing. We are able to set money aside in a Commu-

nity Foundation Fund that will give back to the library as the investment grows.

The library is asking the people of our community to help out by donating to our

fund. Any amount you contribute is very much appreciated, but if you contribute $100.00 or more you are eligible to

receive a 25% state tax credit, in addition to the federal deductions for charitable gifts. Our goal is to raise $2,500.00 or

more over the next two years. Please be generous, the more we add to our fund the more the community of Elma and the

surrounding area benefit from the prosperity of the library. Stop in the library to fill out a donation card or to find out how

you can help the library.

A STRONG LIBRARY HELPS MAKE A STRONG COMMUNITY. LET'S BE STRONG TOGETHER! THANK YOU!

Renee Burke, Librarian

Bad Weather Closings: Winter is here, so just a reminder that if there is bad weather the library may be closed. I am not a

brave winter driver so, Please call ahead to see if we are open (393-8100).

Dates to Remember:

Stamp Camp with Rhonda – Saturday, February 4th from 12:30 – 3:00 PM

*Crochet Club – Thursdays, February 9th & 23rd from 1:30 – 4:30 P.M. -come crochet, knit, pick up

new ideas, share projects or just come and visit. Everyone is welcome to join us!

*Game Day – Wednesday, February 15th from 12:30 – 3:00 P.M.

Memorials: Bryce & Mary Ellen Larsen gave in memory of Angeline Rance, Pat & Renee Burke in memory of Angeline

Rance, Mary Dvorak in memory of Angeline Rance, Joan Mitchell in memory of Angeline Rance, Dean & Paula Zweibohmer

in memory of Angeline Rance and Kristy Schultz, Kay & Jack Hayden in memory of Angeline Rance. Thank you for thinking

of the library.

Donations: Thank you to Our Lady of Lourdes Church for their donation through the 'Act of Kindness' collection at church.

Thank you to Angie Irvin and Bethany Glaser for book donations. Your donations were greatly appreciated.

Books for Adults: Mistress by Danielle Steel, Home by Harlan Coben, An Amish Family Christmas by Shelley Shepard Gray,

Long Way Gone by Charles Martin, Wild Montana Skies by Susan May Warren, The Candidate by Lis Wiehl, Promise Lodge

and Christmas at Promise Lodge by Charlotte Hubbard, Mermaid Moon by Colleen Coble, Sweet as Honey by Jennifer

Beckstrand, The Life She Wants by Robyn Carr, Where Love Grows, Following Your Heart and Missing Your Smile by Jerry S.

Eicher, The Choice and The Search by Suzanne Woods Fisher, The Storekeeper's Daughter, The Quilter's Daughter and The

Bishop's Daughter and The Selfless Act by Wanda E. Brunstetter, Showdown in Mudbug and Resurrection in Mudbug by

Jana DeLeon, Accountable: The Joseph Usher Story by Nancy Panoch, Father Flanagan of Boys Town by Hugh Reilly, Boys

Town, The Constant Spirit by James R. Ivey, Journey for Freedom by Peter Vodenka.

Books for Youth: Jake and Lily by Jerry Spinelli, One Came Home by Amy Timberlake, Red: A Crayon's Story by Michael

Hall, Sam & Dave Dig A Hole by Jon Klassen, Mommy, Can Girls Be President of the White House by S.A. Gallot, Pete the Cat

Saves Christmas by Eric Litwin, Search and Find Animals by Libby Wolden, Race to the North Pole by Megan Roth, Merry

Christmas, Splat by Rob Scotton.

New Movies: Kubo and the Two Strings, The Road to El Dorado, Daddy Day Care & Daddy Day

Game, Central Intelligence, Me Before You, Forsaken, Vanished, The 5th Wave, Money Monster,

X-Men Apocalypse, Black Mass.

Library Hours: Monday 10 AM – 8 PM, Tuesday 2 PM – 8 PM, Wednesday 2 PM – 8 PM,

Thursday 10 AM- 8 PM, Friday 1 – 4 PM, Saturday 9 AM – 3 PM, Sunday - Closed

Corn and Beans As of this writing cash corn is $3.26. Cash soybeans are $9.88. Corn is $.17 higher and soybeans are $.33 higher than a month ago. March corn has support at $3.62 and then at $3.57. Resistance is at $3.67 and then at $3.72. March soybeans have support at $10.65 and then at $10.47. Resistance is at $10.82 and then at $11.00. The USDA report on the 12th was bullish for soybeans, positive for wheat and neutral for corn. The U.S. corn and soybean crop did not get bigger. The soybean crop came in 54 million bushels less than last month and corn came in 78 million bushels less than last month. Winter wheat acreage was 3.7 million acres less than last month. If correct U.S. winter wheat farmers planted the smallest number of acres since 1909. One analyst is now looking for U.S.

soybean acres to increase by as much as 6 million acres for 2017. The first official report of farmer planting intentions will be the USDA’s March 31 crop report. Corn and soybean carryover numbers increased over a year ago. Demand and usage have increased also. Carryover as a percentage of usage is much more important to me than just a bushel number. Prices are still in a trading range and likely to continue the same as we work thru the winter doldrums. Use rallies in soybeans to lock in prices just in case planted acres do increase as much as 6 million acres. Corn seasonally rallies in April, May & June. Use seasonal rallies to price corn. The question is what could change the market: South America’s weather good or bad, a trade war with China or Mexico or both. Feel free to stop in and discuss your marketing plans with Brad, Bruce, Sam, or

myself. Doug Uthe

Cattle As of this writing, cash cattle are $1.20, up from last month. February and April Futures continue to hold a $12 and $10 premium to deferred

futures.

Hogs As of this writing, cash hogs are $47, up from last month. Packers are cautiously looking for more pigs as product values have slipped in value

and demand recently.

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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.

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

7:30 a.m.—10:00 a.m. Drive-Up: Monday-Friday

7:00 a.m. –3:30 p.m. Saturday

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

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.bank

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.

PRSRT STD US POSTAGE

PAID

ELMA, IOWA 50628 Permit No. 18

CHRISTMAS CLUB MEMBERS RECEIVE A FREE GIFT EACH YEAR! SIGN UP NOW!

If Christmas was stressful this year because there was no money

for gifts consider signing up for Christmas Club. Participants

can make deposits at their

convenience or set up automatic

transfers into this interest bearing

account. Then in early November

we will send you a check with the

balance of the account.

Peoples Savings Bank

Elma Iowa

www.psbiowa.com

Ph. 641-393-2301

641-393-2301 www.psbiowa.com Elma Iowa

We offer IRAs and Health Savings Accounts!

tax deductible contributions

+

interest bearing account

=

MORE MONEY FOR YOU!

Peoples Savings Bank - Elma Iowa

www.psbiowa.com - Ph. 641-393-2301