Certificates of Deposit (CDs)

Certificates of Deposit (CDs)

Get serious about your goals without putting in a lot of ongoing work with a fixed-rate CD from Peoples National Bank. Set money aside once, then receive the same rate consistently until maturity — higher than regular savings — helping you know exactly what you're saving and when.

We have a wide range of terms to choose from, including an option for multi-million dollar deposits. Choose the term that works best for you today View Rates

Summary
  • Fixed rates, higher than regular savings
  • Receive higher rates by selecting a longer term
  • Provides more guarantee than other risky investments
  • Set aside for future savings goals
  • A wide range of terms available (from 1 month to 5 years)
  • No setup or maintenance fees
  • Early withdrawals subject to penalty*
  • $500 minimum deposit to open

*Early withdrawals may result in interest penalties.

CDARS

FDIC insurance doesn't have to stop at $250,000. CDARS offer FDIC insurance on multi-million dollar balances. Plus, the management of your CDs is handled in full by Peoples National Bank. That way, you gain better rates and peace of mind without inheriting the workload to match.

  • Interest above standard savings, which may compare favorably with other investment alternatives
  • Greater security; multi-million dollar FDIC insurance coverage
  • Convenience; everything is managed internally by Peoples National Bank:
  • One interest rate
  • One regular statement
  • One year-end tax form
  • Flexible maturity periods available
  • Helps support lending opportunities within your local community

Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC