CDs & IRAs

Savings options that work hard for you with competitive interest rates and maturity dates that suit your specific goals. Peoples Trust Company CD's truly pack a punch. With terms ranging from one month to five years, these accounts offer a fixed rate, helping your savings grow without risking a penny.

Features

• Fixed Rate for term of CD
• Minimum balance of $500
• Automatic renewals—including a 10-day grace period in which to withdraw funds or change terms with no penalty
• Includes Online Banking
• Penalties apply for early withdrawal

Traditional IRAs provide eligible adults with qualified income, the opportunity to make tax deductible contributions now and defer taxes until future withdrawals.

If eligible, a Roth IRA allows you to make post-tax contributions now and enjoy qualified tax-free distributions later. Consult your tax or legal professional for further information regarding eligibility and tax guidance.

A Coverdell Education Savings Account allows parents or guardians to make post-tax contributions toward a child’s education. Qualified withdrawals are tax-free (though some state and local taxes may apply).