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Current CD Specials:

4.75% APY* 10-month fixed rate

Contact your local branch to learn more about current CD specials.

Certificates of Deposit (CDs)

Certificates of Deposit are a popular and safe way to achieve your financial goals. We offer a wide variety of time deposit accounts including fixed rate accounts with terms from 6-months to five years, variable rate accounts that change with the market, and accounts that allow you to make additional deposits.

Personal CD - Peoples Fixed Rate

Minimum opening deposit $500
Interest rate Fixed rates are tiered depending on balance.
Online banking Included
Monthly service charge NA
Penalty for early withdrawal Any principal withdrawn before the maturity date is subject to an early withdrawal penalty. If the term is one year or less, the penalty is equal to three month’s interest on the amount withdrawn. If the term is more than one year, the penalty is equal to six month’s interest on the amount withdrawn.

Personal CD Rates

   

Great Beginnings CD - Peoples Add-On Certificate

Term 12 months
Minimum opening deposit $100
Interest rate Fixed rates are tiered depending on balance.
Online banking Included.
Monthly service charge $0
Penalty for early withdrawal Any principal withdrawn before the maturity date is subject to an early withdrawal penalty. If the term is one year or less, the penalty is equal to three month’s interest on the amount withdrawn. If the term is more than one year, the penalty is equal to six month’s interest on the amount withdrawn.
Minimum Additions Minimum Additions of $50.00. Additions of $25.00 are permitted when an automatic withdrawal is made from a Peoples checking or savings account.

Great Beginnings CD Rates

     
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*Annual Percentage Yield (APY) shown is effective for accounts opened on or after 1/25/24. Rates are subject to change. Requires a $1,000 minimum deposit. There is no minimum to earn interest. The APY assumes interest will remain on deposit until maturity. At maturity, the 10-month certificate will renew into a 6-month fixed rate term at the current rate. An active Peoples Bank Checking Account is required. Offer is available for personal accounts at all Peoples Bank Offices and cannot be combined with any other offer. Not available for accounts opened online or for Individual Retirement Account funds. A withdrawal will reduce earnings and a penalty may be charged for early withdrawal. 

Open a CD

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Personal Money Market

Looking for a great way to grow your nest egg? Earn a competitive interest rate on higher balances while retaining immediate access to your funds with a Peoples Bank Money Market account.

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This information is for your ZIP Code of 49048


Product offerings and features may differ among geographic locations. With your ZIP code, we can make sure you see accurate information. To change the location, click on the zip code above.

5 Star RatingPeoples Bank is rated 5-Stars by Bauer
Rating as of March 2024
| bauerfinancial.com