Certificates and IRAs

CDs Traditional IRA Roth IRA
Benefits Guaranteed return, you choose the term Tax deferred earnings,possible deduction on tax return* Tax-free earnings, tax-free withdrawals*
Minimum to Open $500 $500 $500
Service Fee $500 $500 $500

Click Here to calculate your certificate earnings

Click Here to submit your Certificate Opening Request

We’ve Got A Certificate of Deposit That’s Right For You!

Our Certificates of Deposits offer guaranteed yields, flexibility, and the safety of FDIC insurance. That’s because you lock in a high yield that’s guaranteed from the day you open the account until the day it matures. You know exactly what return you’ll get and when you’ll get it.

Your investment is safe because Peoples Bank CDs are backed by the Federal Deposit Insurance Corporation.

We offer Certificates of Deposit in a broad range of maturities, each designed with a particular goal in mind. And, for as little as $500, you can open your own CD today. To help you decide which CD will best meet your needs, take our One-Minute Certificate of Deposit Test. To request a CD quote call (877)885-2511 to visit with one of our Customer Services Representatives.

Short-Term CDs are usually up to 3 months and offer you the fastest, readiest access to your money.

Medium-Term CDs are typically 6 to 18 month CDs and offer you higher yields than shorter term CDs.

Long-Term CDs are best if your goal is long-term. Certificates with maturities of 2 years or more reward you with the highest yields.

Secure Your Future With An Individual Retirement Account

Is an IRA Right For You? Take our Peoples Bank One-Minute IRA Test and find out. Then call one of our customer service representatives today at (877)885-2511.

You might be able to save on your present taxes with an Individual Retirement Account, by deducting your qualified contributions from your taxable income. Many Americans can deduct all or part of their IRA contributions from current income taxes. The deductible amount depends on your income, marital status and whether you’re an active participant in an employer sponsored plan as defined by the Internal Revenue Service.

With an Individual Retirement Account, you may also be able defer taxes until you retire when you will probably be in a lower tax bracket. The chart below shows you how much you may be able save each year. You may want to consult your tax advisor to review the tax deductible status of an IRA. Regardless of the amount you’ll be able to save now on taxes, an IRA is a smart way for you to save for a secure retirement.

IRA Tax Savings Potential Chart:

IRA Deductible Contribution Amount 15 %
Tax Bracket Savings
28 %
Tax Bracket Savings
31 %
Tax Bracket Savings
36 %
Tax Bracket Savings
39.6 %
Tax Bracket Savings
$ 500 $ 75 $ 140 $ 155 $ 180 $ 198
$ 1,000 $ 150 $ 280 $ 310 $ 360 $ 396
$ 2,000 $ 300 $ 560 $ 620 $ 720 $ 792
$ 2,250 $ 337 $ 630 $ 697 $ 810 $ 891
$ 4,000 $ 600 $ 1,120 $ 1,240 $ 1,440 $ 1,584

If You’re Changing Employers, An IRA Rollover Makes Sense. If you are retiring or changing jobs and anticipate withdrawing money from your employer’s retirement plan, you can avoid withdrawal penalties by transferring your assets into an IRA or another qualified plan. You can ask your employer to arrange for a “direct rollover” of your money into a new IRA account with us.

For more information about IRA Rollovers or opening a new IRA just give us a call at (877) 885-2511.