Certificates of Deposit (CDs)

Certificates of Deposit (CDs)

Take your savings to the next level with the help of a fixed-rate CD from Peoples Bank. By nature, CDs help keep you accountable for reaching goals thanks to predetermined term structures and rates that increase with longer terms. Simply select the term that works best for you then sit back as you collect a guaranteed amount of interest.

If the market is favorable, you also have the option of stepping up your rate once over the course of your term via one of our Riser Rate CDs.

View Our Rates

Calculate Your Savings

Summary
  • Fixed rates, higher than regular savings
  • Receive an even higher rate by selecting a longer term
  • Locked-in rates provide more guarantee than other risky investments
  • A wide range of terms available (from 1 month to 5 years)
  • No setup or maintenance fees
  • Early withdrawals subject to penalty
  • $1,000 minimum deposit to open CDs with terms between 182 days and 5 years
  • $2,500 minimum deposit to open CDs with terms between 31 days and 90 days

Riser Rate CDs

Take advantage of potential market shifts with our Riser Rate CD option. These 2 to 5-year CDs allow you to bump your rate one time before maturity.

  • Benefit from a one-time rate change before your term matures
  • Incumbent upon you advising us of your rate change request
  • Terms range from 2 years to 5 years
  • No setup or maintenance fees
  • Early withdrawals subject to penalty
  • $1,000 minimum deposit to open