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CDs & IRAs

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Photo of coins stacked up Grow Your Money

There are two different ways to grow your money at Peoples Bank: A certificate of deposit (CD) or an Individual Retirement Account (IRA).

A CD is a savings account that holds a fixed amount of money for a fixed period of time. It gives you a safe place to save your money and earn a little higher interest. 

An IRA is a longer-term savings option that allows you to save for retirement and invest the money pre-tax. Opening a CD or IRA account is as simple as stopping by any Peoples Bank office during business hours and speaking with one of our staff members.


Refinance Your CD

Think you can get a better deal? Let us do the math. Our CD Maximizer can determine if you can get a better deal by moving your CD over from another financial institution to us.


Check Current CD Rates

Current CD Rates
 Interest RateAnnual Percentage Yield
3-Month Term0.65%0.65%
6-Month Term0.85%0.85%
11-Month Term2.23%2.25%
12-Month Term1.29%1.30%
18-Month Term1.39%1.40%
20-Month Term2.48%2.50%
24-Month Term1.49%1.50%
30-Month Term1.59%1.60%
36-Month Term1.74%1.75%
37-Month Term2.72%2.75%
48-Month Term1.94%1.95%
60-Month Term2.23%2.25%



    *APY is annual percentage yield. Rate is effective September 3, 2019, and is subject to change. Minimum $1,000 deposit to open account and $1,000 minimum balance required to obtain APY. Penalties for early withdrawal. Fees may reduce earnings.
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