Certificate of Deposit

A Certificate of Deposit (CD) is a short-term option of investment that provides you with a rate of return over a fixed period of time. A CD is more profitable compared to a savings account.

Reasons to consider a Certificate a Deposit:

  • Plan for college
  • Save for retirement
  • Prepare for important life events or milestones

Advantages of getting a Certificate of Deposit with First Peoples Bank:

  • Higher rate of return than a savings account
  • Amounts up to $250,000 insured by NCUA
  • Amounts starting from $5,000
  • Earn from high interest rates
  • Short-term commitment

Disclaimer: Early withdrawal will result in penalties. The exact amount of the fee depends on the certificate maturity.
 

Term

Dividend Rate

Annual Percentage Yield (APY)

6 months 

0.100%

0.10%

18 months 

0.200%

0.20%

2 years

0.300%

0.30%

3 years

0.300%

0.30%

4 years

0.300%

0.30%

5 years

0.648%

0.65%

*Rates are subject to change. Enable account notifications to receive regular updates