Certificates of Deposit
Certificates of Deposit are designed to reward depositors who deposit funds and leave them on deposit for a specific length of time ranging from three months to five years. Our Certificates of Deposit offer high rates, high returns, and no market risk.
ACCOUNT FEATURES
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Terms from three months to five years
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Compounded daily
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Free electronic transfer of interest
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Auto renewal with 10 day grace period
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FDIC insured
ACCOUNT MINIMUMS
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A $1000 minimum balance is required
COSTS AND FEES
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There are fees for early withdrawal of principal before the stated maturity date
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If you don't want to renew, you have a 10 day grace period to let us know online, by phone or by mail
SAFE & SECURE
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FDIC insured up to $250,000 per depositor
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FDIC certificate number is 35546
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RATES
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Term
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APY
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Rate
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6 Month
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0.35%
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0.35%
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12 Month
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0.50%
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0.50%
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24 Month
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0.75%
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0.75%
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36 Month
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1.00%
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1.00%
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48 Month
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1.25%
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1.25%
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60 Month
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1.50%
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1.50%
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18 Month
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*No Penalty*
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0.60%
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0.60%
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**18 Month No Penalty CD - No penalty for early withdrawal when deposited into another Peoples Bank CD.
