CD’s:
Certificates of Deposit (CD) accounts can be opened with as little as $500.00 and vary in term from 3 to 60 months. View our current CD rates below:
| TERM | Annual Percentage Yield (APY) | |
| 3 Months | .15% | |
| 6 Month | .25% | |
| 9 Month | .50% | |
| 12 Month | .50% | |
| 18 Month | .50% | |
| 24 Month | .70% | |
| 36 Month | .70% | |
| 48 Month | .75% | |
| 60 Month | .75% |
*Annual Percentage Yield (APY) is effective 01/07/2020 and subject to change. A penalty will be imposed for early withdrawal.
IRA’s:
An Individual Retirement Account (IRA) at Peoples Bank allows you a safe and secure way to earn a guaranteed return on your investment. Open up an IRA with as little as $500.00.
*A penalty will be imposed for early withdrawal.
HSA:
A Health Savings Account (HSA) offers certain individuals tax advantages and greater flexibility in covering medical expenses.
| Features:Our Health Savings Account’s include the following features: | Eligibility:You could be eligible to open a HSA if you meet the following criteria: | |
| A free debit card, which allows you to make health-related purchases. | Covered under a high-deductible health plan | |
| Earn up to 2.00% APY* | Not covered by any other health plan | |
| Interest paid monthly | Not entitled to benefits under Medicare | |
| Not a dependent on another person’s tax return |
*$2.50 monthly service charge on all HSA accounts
*Annual Percentage Yields (APY) are effective 01/07/2020 and subject to change. APY is tiered: balances of up to $2,499.99 earn .50% APY, $2,500 to $9,999.00 earn 1.25% APY, $10,000.00 and over earn 2.00% APY. No minimum opening deposit. Fees or other conditions could reduce the earnings on this account.
What To Bring With You
Please bring the following information with you to open a new account:
Current Address
Example:
7199 Parker Dr
Newburgh, IN 47630
Social Security Card
Date of Birth
Format:
(MM/DD/YY)
Government-Issued Photo ID
Driver’s License,
Passport,
Permanent Resident Card
*If your address differs from that listed on your photo ID, please bring verification of current address. This includes any official document in which your name and current address are clearly printed (i.e. utility bill). P.O. Box address will not be accepted.
